IES Holdings, Inc. Common Stock (IESC) Correlation Distribution
Across 6,809 rolling correlation observations between IES Holdings, Inc. Common Stock (IESC) and other NASDAQ-listed stocks, 41.4% are positive and 58.6% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.025, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.2% and strong negative correlations (≤−0.7) for 4.7%.
- Total observations
- 6,809
- Mean correlation
- -0.025
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.4%
- Strong positive (≥0.7)
- 15.2%
- Sector
- Electrical Work
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 161 | 2.4% | |
| -0.8 to -0.7 | 160 | 2.3% | |
| -0.7 to -0.6 | 487 | 7.2% | |
| -0.6 to -0.5 | 486 | 7.1% | |
| -0.5 to -0.4 | 796 | 11.7% | |
| -0.4 to -0.3 | 796 | 11.7% | |
| -0.3 to -0.2 | 405 | 5.9% | |
| -0.2 to -0.1 | 405 | 5.9% | |
| -0.1 to 0.0 | 293 | 4.3% | |
| 0.0 to 0.1 | 293 | 4.3% | |
| 0.1 to 0.2 | 242 | 3.6% | |
| 0.2 to 0.3 | 241 | 3.5% | |
| 0.3 to 0.4 | 232 | 3.4% | |
| 0.4 to 0.5 | 231 | 3.4% | |
| 0.5 to 0.6 | 272 | 4.0% | |
| 0.6 to 0.7 | 271 | 4.0% | |
| 0.7 to 0.8 | 413 | 6.1% | |
| 0.8 to 0.9 | 413 | 6.1% | |
| 0.9 to 1.0 | 211 | 3.1% |
Frequently asked questions
What is the average correlation of IESC?
IES Holdings, Inc. Common Stock (IESC) has an average correlation of about -0.025 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is IESC positively correlated with other stocks?
Not predominantly — 41.4% of pairs are positive and 58.6% are negative. Strong positive correlations (≥0.7) make up 15.2%.
What is the most common correlation range for IESC?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 27.6% of all pairs.
Explore the full interactive correlation distribution for IESC.
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