Ducommun Incorporated (DCO) Correlation Distribution
Across 6,809 rolling correlation observations between Ducommun Incorporated (DCO) and other NASDAQ-listed stocks, 53.3% are positive and 46.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.093, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 7.7% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,809
- Mean correlation
- 0.093
- Most common range
- -0.3 to -0.2
- Positive pairs
- 53.3%
- Strong positive (≥0.7)
- 7.7%
- Sector
- Aircraft Parts & Auxiliary Equipment, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 25 | 0.4% | |
| -0.8 to -0.7 | 24 | 0.4% | |
| -0.7 to -0.6 | 145 | 2.1% | |
| -0.6 to -0.5 | 144 | 2.1% | |
| -0.5 to -0.4 | 416 | 6.1% | |
| -0.4 to -0.3 | 415 | 6.1% | |
| -0.3 to -0.2 | 721 | 10.6% | |
| -0.2 to -0.1 | 721 | 10.6% | |
| -0.1 to 0.0 | 571 | 8.4% | |
| 0.0 to 0.1 | 571 | 8.4% | |
| 0.1 to 0.2 | 403 | 5.9% | |
| 0.2 to 0.3 | 402 | 5.9% | |
| 0.3 to 0.4 | 382 | 5.6% | |
| 0.4 to 0.5 | 382 | 5.6% | |
| 0.5 to 0.6 | 481 | 7.1% | |
| 0.6 to 0.7 | 481 | 7.1% | |
| 0.7 to 0.8 | 262 | 3.8% | |
| 0.8 to 0.9 | 262 | 3.8% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of DCO?
Ducommun Incorporated (DCO) has an average correlation of about 0.093 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DCO positively correlated with other stocks?
Mostly yes — 53.3% of pairs are positive and 46.7% are negative. Strong positive correlations (≥0.7) make up 7.7%.
What is the most common correlation range for DCO?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 49.8% of all pairs.
Explore the full interactive correlation distribution for DCO.
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