CTS Corporation (CTS) Correlation Distribution
Across 6,809 rolling correlation observations between CTS Corporation (CTS) and other NASDAQ-listed stocks, 39.8% are positive and 60.2% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.104, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 10.3% and strong negative correlations (≤−0.7) for 10.7%.
- Total observations
- 6,809
- Mean correlation
- -0.104
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.8%
- Strong positive (≥0.7)
- 10.3%
- Sector
- Printed Circuit Boards
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 364 | 5.3% | |
| -0.8 to -0.7 | 363 | 5.3% | |
| -0.7 to -0.6 | 812 | 11.9% | |
| -0.6 to -0.5 | 811 | 11.9% | |
| -0.5 to -0.4 | 433 | 6.4% | |
| -0.4 to -0.3 | 433 | 6.4% | |
| -0.3 to -0.2 | 308 | 4.5% | |
| -0.2 to -0.1 | 307 | 4.5% | |
| -0.1 to 0.0 | 268 | 3.9% | |
| 0.0 to 0.1 | 267 | 3.9% | |
| 0.1 to 0.2 | 234 | 3.4% | |
| 0.2 to 0.3 | 233 | 3.4% | |
| 0.3 to 0.4 | 260 | 3.8% | |
| 0.4 to 0.5 | 259 | 3.8% | |
| 0.5 to 0.6 | 380 | 5.6% | |
| 0.6 to 0.7 | 379 | 5.6% | |
| 0.7 to 0.8 | 348 | 5.1% | |
| 0.8 to 0.9 | 347 | 5.1% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of CTS?
CTS Corporation (CTS) has an average correlation of about -0.104 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CTS positively correlated with other stocks?
Not predominantly — 39.8% of pairs are positive and 60.2% are negative. Strong positive correlations (≥0.7) make up 10.3%.
What is the most common correlation range for CTS?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 23.7% of all pairs.
Explore the full interactive correlation distribution for CTS.
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