Krispy Kreme, Inc. Common Stock (DNUT) Correlation Distribution
Across 6,805 rolling correlation observations between Krispy Kreme, Inc. Common Stock (DNUT) and other NASDAQ-listed stocks, 65.5% are positive and 34.5% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.128, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.6% and strong negative correlations (≤−0.7) for 5.5%.
- Total observations
- 6,805
- Mean correlation
- 0.128
- Most common range
- 0.3 to 0.4
- Positive pairs
- 65.5%
- Strong positive (≥0.7)
- 3.6%
- Sector
- Retail-Food Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 184 | 2.7% | |
| -0.8 to -0.7 | 184 | 2.7% | |
| -0.7 to -0.6 | 306 | 4.5% | |
| -0.6 to -0.5 | 305 | 4.5% | |
| -0.5 to -0.4 | 273 | 4.0% | |
| -0.4 to -0.3 | 273 | 4.0% | |
| -0.3 to -0.2 | 272 | 4.0% | |
| -0.2 to -0.1 | 271 | 4.0% | |
| -0.1 to 0.0 | 275 | 4.0% | |
| 0.0 to 0.1 | 275 | 4.0% | |
| 0.1 to 0.2 | 413 | 6.1% | |
| 0.2 to 0.3 | 412 | 6.1% | |
| 0.3 to 0.4 | 915 | 13.4% | |
| 0.4 to 0.5 | 915 | 13.4% | |
| 0.5 to 0.6 | 643 | 9.4% | |
| 0.6 to 0.7 | 642 | 9.4% | |
| 0.7 to 0.8 | 122 | 1.8% | |
| 0.8 to 0.9 | 121 | 1.8% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of DNUT?
Krispy Kreme, Inc. Common Stock (DNUT) has an average correlation of about 0.128 with other NASDAQ stocks, based on 6,805 pairwise observations.
Is DNUT positively correlated with other stocks?
Mostly yes — 65.5% of pairs are positive and 34.5% are negative. Strong positive correlations (≥0.7) make up 3.6%.
What is the most common correlation range for DNUT?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 28.2% of all pairs.
Explore the full interactive correlation distribution for DNUT.
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