Dow Inc. (DOW) Correlation Distribution
Across 6,809 rolling correlation observations between Dow Inc. (DOW) and other NASDAQ-listed stocks, 71.1% are positive and 28.9% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.197, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.8% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- 0.197
- Most common range
- 0.3 to 0.4
- Positive pairs
- 71.1%
- Strong positive (≥0.7)
- 2.8%
- Sector
- Plastic Materials, Synth Resins & Nonvulcan Elastomers
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 19 | 0.3% | |
| -0.8 to -0.7 | 18 | 0.3% | |
| -0.7 to -0.6 | 150 | 2.2% | |
| -0.6 to -0.5 | 150 | 2.2% | |
| -0.5 to -0.4 | 313 | 4.6% | |
| -0.4 to -0.3 | 313 | 4.6% | |
| -0.3 to -0.2 | 328 | 4.8% | |
| -0.2 to -0.1 | 328 | 4.8% | |
| -0.1 to 0.0 | 352 | 5.2% | |
| 0.0 to 0.1 | 352 | 5.2% | |
| 0.1 to 0.2 | 506 | 7.4% | |
| 0.2 to 0.3 | 505 | 7.4% | |
| 0.3 to 0.4 | 982 | 14.4% | |
| 0.4 to 0.5 | 981 | 14.4% | |
| 0.5 to 0.6 | 660 | 9.7% | |
| 0.6 to 0.7 | 660 | 9.7% | |
| 0.7 to 0.8 | 96 | 1.4% | |
| 0.8 to 0.9 | 95 | 1.4% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of DOW?
Dow Inc. (DOW) has an average correlation of about 0.197 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DOW positively correlated with other stocks?
Mostly yes — 71.1% of pairs are positive and 28.9% are negative. Strong positive correlations (≥0.7) make up 2.8%.
What is the most common correlation range for DOW?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 34.8% of all pairs.
Explore the full interactive correlation distribution for DOW.
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