Enhabit, Inc. (EHAB) Correlation Distribution
Across 6,655 rolling correlation observations between Enhabit, Inc. (EHAB) and other NASDAQ-listed stocks, 55.6% are positive and 44.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.085, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 21% and strong negative correlations (≤−0.7) for 11.2%.
- Total observations
- 6,655
- Mean correlation
- 0.085
- Most common range
- 0.7 to 0.8
- Positive pairs
- 55.6%
- Strong positive (≥0.7)
- 21%
- Sector
- Services-Home Health Care Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 373 | 5.6% | |
| -0.8 to -0.7 | 372 | 5.6% | |
| -0.7 to -0.6 | 454 | 6.8% | |
| -0.6 to -0.5 | 454 | 6.8% | |
| -0.5 to -0.4 | 285 | 4.3% | |
| -0.4 to -0.3 | 284 | 4.3% | |
| -0.3 to -0.2 | 245 | 3.7% | |
| -0.2 to -0.1 | 245 | 3.7% | |
| -0.1 to 0.0 | 242 | 3.6% | |
| 0.0 to 0.1 | 241 | 3.6% | |
| 0.1 to 0.2 | 258 | 3.9% | |
| 0.2 to 0.3 | 258 | 3.9% | |
| 0.3 to 0.4 | 291 | 4.4% | |
| 0.4 to 0.5 | 291 | 4.4% | |
| 0.5 to 0.6 | 482 | 7.2% | |
| 0.6 to 0.7 | 481 | 7.2% | |
| 0.7 to 0.8 | 696 | 10.5% | |
| 0.8 to 0.9 | 696 | 10.5% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of EHAB?
Enhabit, Inc. (EHAB) has an average correlation of about 0.085 with other NASDAQ stocks, based on 6,655 pairwise observations.
Is EHAB positively correlated with other stocks?
Mostly yes — 55.6% of pairs are positive and 44.4% are negative. Strong positive correlations (≥0.7) make up 21%.
What is the most common correlation range for EHAB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.4% of all pairs.
Explore the full interactive correlation distribution for EHAB.
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