Deckers Outdoor Corp (DECK) Correlation Distribution
Across 6,809 rolling correlation observations between Deckers Outdoor Corp (DECK) and other NASDAQ-listed stocks, 38.7% are positive and 61.3% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.075, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.1% and strong negative correlations (≤−0.7) for 6.9%.
- Total observations
- 6,809
- Mean correlation
- -0.075
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.7%
- Strong positive (≥0.7)
- 15.1%
- Sector
- Rubber & Plastics Footwear
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 234 | 3.4% | |
| -0.8 to -0.7 | 233 | 3.4% | |
| -0.7 to -0.6 | 765 | 11.2% | |
| -0.6 to -0.5 | 765 | 11.2% | |
| -0.5 to -0.4 | 660 | 9.7% | |
| -0.4 to -0.3 | 659 | 9.7% | |
| -0.3 to -0.2 | 308 | 4.5% | |
| -0.2 to -0.1 | 308 | 4.5% | |
| -0.1 to 0.0 | 236 | 3.5% | |
| 0.0 to 0.1 | 235 | 3.5% | |
| 0.1 to 0.2 | 193 | 2.8% | |
| 0.2 to 0.3 | 192 | 2.8% | |
| 0.3 to 0.4 | 225 | 3.3% | |
| 0.4 to 0.5 | 225 | 3.3% | |
| 0.5 to 0.6 | 272 | 4.0% | |
| 0.6 to 0.7 | 271 | 4.0% | |
| 0.7 to 0.8 | 416 | 6.1% | |
| 0.8 to 0.9 | 415 | 6.1% | |
| 0.9 to 1.0 | 194 | 2.8% |
Frequently asked questions
What is the average correlation of DECK?
Deckers Outdoor Corp (DECK) has an average correlation of about -0.075 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DECK positively correlated with other stocks?
Not predominantly — 38.7% of pairs are positive and 61.3% are negative. Strong positive correlations (≥0.7) make up 15.1%.
What is the most common correlation range for DECK?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.6% of all pairs.
Explore the full interactive correlation distribution for DECK.
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