Intuit Inc (INTU) Correlation Distribution
Across 6,809 rolling correlation observations between Intuit Inc (INTU) and other NASDAQ-listed stocks, 48.9% are positive and 51.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.043, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 12% and strong negative correlations (≤−0.7) for 2.6%.
- Total observations
- 6,809
- Mean correlation
- 0.043
- Most common range
- -0.5 to -0.4
- Positive pairs
- 48.9%
- Strong positive (≥0.7)
- 12%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 87 | 1.3% | |
| -0.8 to -0.7 | 87 | 1.3% | |
| -0.7 to -0.6 | 364 | 5.3% | |
| -0.6 to -0.5 | 363 | 5.3% | |
| -0.5 to -0.4 | 581 | 8.5% | |
| -0.4 to -0.3 | 580 | 8.5% | |
| -0.3 to -0.2 | 506 | 7.4% | |
| -0.2 to -0.1 | 505 | 7.4% | |
| -0.1 to 0.0 | 403 | 5.9% | |
| 0.0 to 0.1 | 403 | 5.9% | |
| 0.1 to 0.2 | 325 | 4.8% | |
| 0.2 to 0.3 | 324 | 4.8% | |
| 0.3 to 0.4 | 305 | 4.5% | |
| 0.4 to 0.5 | 305 | 4.5% | |
| 0.5 to 0.6 | 425 | 6.2% | |
| 0.6 to 0.7 | 425 | 6.2% | |
| 0.7 to 0.8 | 402 | 5.9% | |
| 0.8 to 0.9 | 402 | 5.9% | |
| 0.9 to 1.0 | 12 | 0.2% |
Frequently asked questions
What is the average correlation of INTU?
Intuit Inc (INTU) has an average correlation of about 0.043 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is INTU positively correlated with other stocks?
Not predominantly — 48.9% of pairs are positive and 51.1% are negative. Strong positive correlations (≥0.7) make up 12%.
What is the most common correlation range for INTU?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 36.2% of all pairs.
Explore the full interactive correlation distribution for INTU.
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