Helen Of Troy Ltd (HELE) Correlation Distribution
Across 6,809 rolling correlation observations between Helen Of Troy Ltd (HELE) and other NASDAQ-listed stocks, 67.2% are positive and 32.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.258, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.5% and strong negative correlations (≤−0.7) for 7.9%.
- Total observations
- 6,809
- Mean correlation
- 0.258
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.2%
- Strong positive (≥0.7)
- 34.5%
- Sector
- Electric Housewares & Fans
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 265 | 3.9% | |
| -0.8 to -0.7 | 265 | 3.9% | |
| -0.7 to -0.6 | 326 | 4.8% | |
| -0.6 to -0.5 | 326 | 4.8% | |
| -0.5 to -0.4 | 223 | 3.3% | |
| -0.4 to -0.3 | 222 | 3.3% | |
| -0.3 to -0.2 | 204 | 3.0% | |
| -0.2 to -0.1 | 203 | 3.0% | |
| -0.1 to 0.0 | 192 | 2.8% | |
| 0.0 to 0.1 | 191 | 2.8% | |
| 0.1 to 0.2 | 218 | 3.2% | |
| 0.2 to 0.3 | 218 | 3.2% | |
| 0.3 to 0.4 | 300 | 4.4% | |
| 0.4 to 0.5 | 299 | 4.4% | |
| 0.5 to 0.6 | 503 | 7.4% | |
| 0.6 to 0.7 | 502 | 7.4% | |
| 0.7 to 0.8 | 1,072 | 15.7% | |
| 0.8 to 0.9 | 1,071 | 15.7% | |
| 0.9 to 1.0 | 203 | 3.0% |
Frequently asked questions
What is the average correlation of HELE?
Helen Of Troy Ltd (HELE) has an average correlation of about 0.258 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HELE positively correlated with other stocks?
Mostly yes — 67.2% of pairs are positive and 32.8% are negative. Strong positive correlations (≥0.7) make up 34.5%.
What is the most common correlation range for HELE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18% of all pairs.
Explore the full interactive correlation distribution for HELE.
Open interactive dashboard →