Ethan Allen Interiors Inc (ETD) Correlation Distribution
Across 6,804 rolling correlation observations between Ethan Allen Interiors Inc (ETD) and other NASDAQ-listed stocks, 36.7% are positive and 63.3% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.113, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 3.8% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,804
- Mean correlation
- -0.113
- Most common range
- -0.5 to -0.4
- Positive pairs
- 36.7%
- Strong positive (≥0.7)
- 3.8%
- Sector
- Wood Household Furniture, (No Upholstered)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 39 | 0.6% | |
| -0.8 to -0.7 | 38 | 0.6% | |
| -0.7 to -0.6 | 714 | 10.5% | |
| -0.6 to -0.5 | 714 | 10.5% | |
| -0.5 to -0.4 | 839 | 12.3% | |
| -0.4 to -0.3 | 838 | 12.3% | |
| -0.3 to -0.2 | 413 | 6.1% | |
| -0.2 to -0.1 | 412 | 6.1% | |
| -0.1 to 0.0 | 300 | 4.4% | |
| 0.0 to 0.1 | 299 | 4.4% | |
| 0.1 to 0.2 | 313 | 4.6% | |
| 0.2 to 0.3 | 312 | 4.6% | |
| 0.3 to 0.4 | 334 | 4.9% | |
| 0.4 to 0.5 | 333 | 4.9% | |
| 0.5 to 0.6 | 324 | 4.8% | |
| 0.6 to 0.7 | 323 | 4.7% | |
| 0.7 to 0.8 | 130 | 1.9% | |
| 0.8 to 0.9 | 129 | 1.9% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ETD?
Ethan Allen Interiors Inc (ETD) has an average correlation of about -0.113 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is ETD positively correlated with other stocks?
Not predominantly — 36.7% of pairs are positive and 63.3% are negative. Strong positive correlations (≥0.7) make up 3.8%.
What is the most common correlation range for ETD?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 30.1% of all pairs.
Explore the full interactive correlation distribution for ETD.
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