CSWI (CSWI) Correlation Distribution
Across 6,808 rolling correlation observations between CSWI (CSWI) and other NASDAQ-listed stocks, 39.4% are positive and 60.6% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.056, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.6% and strong negative correlations (≤−0.7) for 6.6%.
- Total observations
- 6,808
- Mean correlation
- -0.056
- Most common range
- -0.5 to -0.4
- Positive pairs
- 39.4%
- Strong positive (≥0.7)
- 16.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 224 | 3.3% | |
| -0.8 to -0.7 | 224 | 3.3% | |
| -0.7 to -0.6 | 686 | 10.1% | |
| -0.6 to -0.5 | 685 | 10.1% | |
| -0.5 to -0.4 | 725 | 10.6% | |
| -0.4 to -0.3 | 725 | 10.6% | |
| -0.3 to -0.2 | 311 | 4.6% | |
| -0.2 to -0.1 | 310 | 4.6% | |
| -0.1 to 0.0 | 232 | 3.4% | |
| 0.0 to 0.1 | 232 | 3.4% | |
| 0.1 to 0.2 | 193 | 2.8% | |
| 0.2 to 0.3 | 192 | 2.8% | |
| 0.3 to 0.4 | 207 | 3.0% | |
| 0.4 to 0.5 | 206 | 3.0% | |
| 0.5 to 0.6 | 262 | 3.8% | |
| 0.6 to 0.7 | 262 | 3.8% | |
| 0.7 to 0.8 | 406 | 6.0% | |
| 0.8 to 0.9 | 406 | 6.0% | |
| 0.9 to 1.0 | 317 | 4.7% |
Frequently asked questions
What is the average correlation of CSWI?
CSWI (CSWI) has an average correlation of about -0.056 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is CSWI positively correlated with other stocks?
Not predominantly — 39.4% of pairs are positive and 60.6% are negative. Strong positive correlations (≥0.7) make up 16.6%.
What is the most common correlation range for CSWI?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 21.6% of all pairs.
Explore the full interactive correlation distribution for CSWI.
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