Humana Inc. (HUM) Correlation Distribution
Across 6,809 rolling correlation observations between Humana Inc. (HUM) and other NASDAQ-listed stocks, 49.6% are positive and 50.4% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is -0.051, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.5% and strong negative correlations (≤−0.7) for 7.5%.
- Total observations
- 6,809
- Mean correlation
- -0.051
- Most common range
- 0.1 to 0.2
- Positive pairs
- 49.6%
- Strong positive (≥0.7)
- 2.5%
- Sector
- Hospital & Medical Service Plans
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 248 | 3.6% | |
| -0.8 to -0.7 | 248 | 3.6% | |
| -0.7 to -0.6 | 421 | 6.2% | |
| -0.6 to -0.5 | 421 | 6.2% | |
| -0.5 to -0.4 | 351 | 5.2% | |
| -0.4 to -0.3 | 351 | 5.2% | |
| -0.3 to -0.2 | 372 | 5.5% | |
| -0.2 to -0.1 | 372 | 5.5% | |
| -0.1 to 0.0 | 632 | 9.3% | |
| 0.0 to 0.1 | 631 | 9.3% | |
| 0.1 to 0.2 | 656 | 9.6% | |
| 0.2 to 0.3 | 655 | 9.6% | |
| 0.3 to 0.4 | 393 | 5.8% | |
| 0.4 to 0.5 | 392 | 5.8% | |
| 0.5 to 0.6 | 242 | 3.6% | |
| 0.6 to 0.7 | 242 | 3.6% | |
| 0.7 to 0.8 | 83 | 1.2% | |
| 0.8 to 0.9 | 83 | 1.2% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of HUM?
Humana Inc. (HUM) has an average correlation of about -0.051 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HUM positively correlated with other stocks?
Not predominantly — 49.6% of pairs are positive and 50.4% are negative. Strong positive correlations (≥0.7) make up 2.5%.
What is the most common correlation range for HUM?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 48.7% of all pairs.
Explore the full interactive correlation distribution for HUM.
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