Deere & Company (DE) Correlation Distribution
Across 6,809 rolling correlation observations between Deere & Company (DE) and other NASDAQ-listed stocks, 44.1% are positive and 55.9% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.026, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 6.9% and strong negative correlations (≤−0.7) for 3.2%.
- Total observations
- 6,809
- Mean correlation
- -0.026
- Most common range
- -0.5 to -0.4
- Positive pairs
- 44.1%
- Strong positive (≥0.7)
- 6.9%
- Sector
- Farm Machinery & Equipment
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 108 | 1.6% | |
| -0.8 to -0.7 | 107 | 1.6% | |
| -0.7 to -0.6 | 461 | 6.8% | |
| -0.6 to -0.5 | 460 | 6.8% | |
| -0.5 to -0.4 | 714 | 10.5% | |
| -0.4 to -0.3 | 714 | 10.5% | |
| -0.3 to -0.2 | 473 | 6.9% | |
| -0.2 to -0.1 | 472 | 6.9% | |
| -0.1 to 0.0 | 300 | 4.4% | |
| 0.0 to 0.1 | 299 | 4.4% | |
| 0.1 to 0.2 | 331 | 4.9% | |
| 0.2 to 0.3 | 331 | 4.9% | |
| 0.3 to 0.4 | 350 | 5.1% | |
| 0.4 to 0.5 | 349 | 5.1% | |
| 0.5 to 0.6 | 434 | 6.4% | |
| 0.6 to 0.7 | 433 | 6.4% | |
| 0.7 to 0.8 | 236 | 3.5% | |
| 0.8 to 0.9 | 236 | 3.5% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of DE?
Deere & Company (DE) has an average correlation of about -0.026 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DE positively correlated with other stocks?
Not predominantly — 44.1% of pairs are positive and 55.9% are negative. Strong positive correlations (≥0.7) make up 6.9%.
What is the most common correlation range for DE?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 32.4% of all pairs.
Explore the full interactive correlation distribution for DE.
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