D.R. Horton Inc. (DHI) Correlation Distribution
Across 6,809 rolling correlation observations between D.R. Horton Inc. (DHI) and other NASDAQ-listed stocks, 39.6% are positive and 60.4% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.063, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 13% and strong negative correlations (≤−0.7) for 5.3%.
- Total observations
- 6,809
- Mean correlation
- -0.063
- Most common range
- -0.5 to -0.4
- Positive pairs
- 39.6%
- Strong positive (≥0.7)
- 13%
- Sector
- Operative Builders
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 181 | 2.7% | |
| -0.8 to -0.7 | 180 | 2.6% | |
| -0.7 to -0.6 | 662 | 9.7% | |
| -0.6 to -0.5 | 661 | 9.7% | |
| -0.5 to -0.4 | 733 | 10.8% | |
| -0.4 to -0.3 | 732 | 10.8% | |
| -0.3 to -0.2 | 351 | 5.2% | |
| -0.2 to -0.1 | 351 | 5.2% | |
| -0.1 to 0.0 | 261 | 3.8% | |
| 0.0 to 0.1 | 261 | 3.8% | |
| 0.1 to 0.2 | 224 | 3.3% | |
| 0.2 to 0.3 | 223 | 3.3% | |
| 0.3 to 0.4 | 241 | 3.5% | |
| 0.4 to 0.5 | 241 | 3.5% | |
| 0.5 to 0.6 | 311 | 4.6% | |
| 0.6 to 0.7 | 310 | 4.6% | |
| 0.7 to 0.8 | 388 | 5.7% | |
| 0.8 to 0.9 | 387 | 5.7% | |
| 0.9 to 1.0 | 111 | 1.6% |
Frequently asked questions
What is the average correlation of DHI?
D.R. Horton Inc. (DHI) has an average correlation of about -0.063 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DHI positively correlated with other stocks?
Not predominantly — 39.6% of pairs are positive and 60.4% are negative. Strong positive correlations (≥0.7) make up 13%.
What is the most common correlation range for DHI?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 24.5% of all pairs.
Explore the full interactive correlation distribution for DHI.
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