Icahn Enterprises L.P (IEP) Correlation Distribution
Across 6,809 rolling correlation observations between Icahn Enterprises L.P (IEP) and other NASDAQ-listed stocks, 65.4% are positive and 34.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.177, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17.8% and strong negative correlations (≤−0.7) for 12.6%.
- Total observations
- 6,809
- Mean correlation
- 0.177
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.4%
- Strong positive (≥0.7)
- 17.8%
- Sector
- Motor Vehicle Parts & Accessories
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 119 | 1.7% | |
| -0.9 to -0.8 | 370 | 5.4% | |
| -0.8 to -0.7 | 370 | 5.4% | |
| -0.7 to -0.6 | 258 | 3.8% | |
| -0.6 to -0.5 | 257 | 3.8% | |
| -0.5 to -0.4 | 206 | 3.0% | |
| -0.4 to -0.3 | 205 | 3.0% | |
| -0.3 to -0.2 | 185 | 2.7% | |
| -0.2 to -0.1 | 185 | 2.7% | |
| -0.1 to 0.0 | 199 | 2.9% | |
| 0.0 to 0.1 | 199 | 2.9% | |
| 0.1 to 0.2 | 240 | 3.5% | |
| 0.2 to 0.3 | 239 | 3.5% | |
| 0.3 to 0.4 | 404 | 5.9% | |
| 0.4 to 0.5 | 404 | 5.9% | |
| 0.5 to 0.6 | 878 | 12.9% | |
| 0.6 to 0.7 | 878 | 12.9% | |
| 0.7 to 0.8 | 565 | 8.3% | |
| 0.8 to 0.9 | 564 | 8.3% | |
| 0.9 to 1.0 | 84 | 1.2% |
Frequently asked questions
What is the average correlation of IEP?
Icahn Enterprises L.P (IEP) has an average correlation of about 0.177 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is IEP positively correlated with other stocks?
Mostly yes — 65.4% of pairs are positive and 34.6% are negative. Strong positive correlations (≥0.7) make up 17.8%.
What is the most common correlation range for IEP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 18.3% of all pairs.
Explore the full interactive correlation distribution for IEP.
Open interactive dashboard →