Constellium SE Class A Ordinary shares (CSTM) Correlation Distribution
Across 6,809 rolling correlation observations between Constellium SE Class A Ordinary shares (CSTM) and other NASDAQ-listed stocks, 68.5% are positive and 31.5% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.136, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.136
- Most common range
- 0.1 to 0.2
- Positive pairs
- 68.5%
- Strong positive (≥0.7)
- 1.6%
- Sector
- Secondary Smelting & Refining Of Nonferrous Metals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 14 | 0.2% | |
| -0.8 to -0.7 | 14 | 0.2% | |
| -0.7 to -0.6 | 55 | 0.8% | |
| -0.6 to -0.5 | 55 | 0.8% | |
| -0.5 to -0.4 | 175 | 2.6% | |
| -0.4 to -0.3 | 175 | 2.6% | |
| -0.3 to -0.2 | 417 | 6.1% | |
| -0.2 to -0.1 | 417 | 6.1% | |
| -0.1 to 0.0 | 821 | 12.1% | |
| 0.0 to 0.1 | 820 | 12.0% | |
| 0.1 to 0.2 | 931 | 13.7% | |
| 0.2 to 0.3 | 930 | 13.7% | |
| 0.3 to 0.4 | 661 | 9.7% | |
| 0.4 to 0.5 | 661 | 9.7% | |
| 0.5 to 0.6 | 276 | 4.1% | |
| 0.6 to 0.7 | 275 | 4.0% | |
| 0.7 to 0.8 | 56 | 0.8% | |
| 0.8 to 0.9 | 56 | 0.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CSTM?
Constellium SE Class A Ordinary shares (CSTM) has an average correlation of about 0.136 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CSTM positively correlated with other stocks?
Mostly yes — 68.5% of pairs are positive and 31.5% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for CSTM?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 63.7% of all pairs.
Explore the full interactive correlation distribution for CSTM.
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