Community Health Systems, Inc. (CYH) Correlation Distribution
Across 6,809 rolling correlation observations between Community Health Systems, Inc. (CYH) and other NASDAQ-listed stocks, 73.3% are positive and 26.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.332, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 29.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- 0.332
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.3%
- Strong positive (≥0.7)
- 29.2%
- Sector
- Services-General Medical & Surgical Hospitals, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 129 | 1.9% | |
| -0.6 to -0.5 | 128 | 1.9% | |
| -0.5 to -0.4 | 327 | 4.8% | |
| -0.4 to -0.3 | 327 | 4.8% | |
| -0.3 to -0.2 | 292 | 4.3% | |
| -0.2 to -0.1 | 292 | 4.3% | |
| -0.1 to 0.0 | 311 | 4.6% | |
| 0.0 to 0.1 | 310 | 4.6% | |
| 0.1 to 0.2 | 318 | 4.7% | |
| 0.2 to 0.3 | 318 | 4.7% | |
| 0.3 to 0.4 | 400 | 5.9% | |
| 0.4 to 0.5 | 399 | 5.9% | |
| 0.5 to 0.6 | 628 | 9.2% | |
| 0.6 to 0.7 | 628 | 9.2% | |
| 0.7 to 0.8 | 946 | 13.9% | |
| 0.8 to 0.9 | 946 | 13.9% | |
| 0.9 to 1.0 | 97 | 1.4% |
Frequently asked questions
What is the average correlation of CYH?
Community Health Systems, Inc. (CYH) has an average correlation of about 0.332 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CYH positively correlated with other stocks?
Mostly yes — 73.3% of pairs are positive and 26.7% are negative. Strong positive correlations (≥0.7) make up 29.2%.
What is the most common correlation range for CYH?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 27% of all pairs.
Explore the full interactive correlation distribution for CYH.
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