Hilton Worldwide Holdings Inc. (HLT) Correlation Distribution
Across 6,809 rolling correlation observations between Hilton Worldwide Holdings Inc. (HLT) and other NASDAQ-listed stocks, 40.9% are positive and 59.1% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.055, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 17.3% and strong negative correlations (≤−0.7) for 8.9%.
- Total observations
- 6,809
- Mean correlation
- -0.055
- Most common range
- -0.7 to -0.6
- Positive pairs
- 40.9%
- Strong positive (≥0.7)
- 17.3%
- Sector
- Hotels & Motels
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 10 | 0.1% | |
| -0.9 to -0.8 | 299 | 4.4% | |
| -0.8 to -0.7 | 299 | 4.4% | |
| -0.7 to -0.6 | 740 | 10.9% | |
| -0.6 to -0.5 | 739 | 10.9% | |
| -0.5 to -0.4 | 553 | 8.1% | |
| -0.4 to -0.3 | 552 | 8.1% | |
| -0.3 to -0.2 | 301 | 4.4% | |
| -0.2 to -0.1 | 300 | 4.4% | |
| -0.1 to 0.0 | 229 | 3.4% | |
| 0.0 to 0.1 | 228 | 3.3% | |
| 0.1 to 0.2 | 218 | 3.2% | |
| 0.2 to 0.3 | 217 | 3.2% | |
| 0.3 to 0.4 | 217 | 3.2% | |
| 0.4 to 0.5 | 217 | 3.2% | |
| 0.5 to 0.6 | 256 | 3.8% | |
| 0.6 to 0.7 | 256 | 3.8% | |
| 0.7 to 0.8 | 403 | 5.9% | |
| 0.8 to 0.9 | 403 | 5.9% | |
| 0.9 to 1.0 | 372 | 5.5% |
Frequently asked questions
What is the average correlation of HLT?
Hilton Worldwide Holdings Inc. (HLT) has an average correlation of about -0.055 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HLT positively correlated with other stocks?
Not predominantly — 40.9% of pairs are positive and 59.1% are negative. Strong positive correlations (≥0.7) make up 17.3%.
What is the most common correlation range for HLT?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.9% of all pairs.
Explore the full interactive correlation distribution for HLT.
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