ITT Inc. (ITT) Correlation Distribution
Across 6,809 rolling correlation observations between ITT Inc. (ITT) and other NASDAQ-listed stocks, 43.8% are positive and 56.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.001, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.6% and strong negative correlations (≤−0.7) for 5.3%.
- Total observations
- 6,809
- Mean correlation
- 0.001
- Most common range
- -0.5 to -0.4
- Positive pairs
- 43.8%
- Strong positive (≥0.7)
- 16.6%
- Sector
- Pumps & Pumping Equipment
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 8 | 0.1% | |
| -0.9 to -0.8 | 177 | 2.6% | |
| -0.8 to -0.7 | 176 | 2.6% | |
| -0.7 to -0.6 | 488 | 7.2% | |
| -0.6 to -0.5 | 488 | 7.2% | |
| -0.5 to -0.4 | 672 | 9.9% | |
| -0.4 to -0.3 | 672 | 9.9% | |
| -0.3 to -0.2 | 425 | 6.2% | |
| -0.2 to -0.1 | 425 | 6.2% | |
| -0.1 to 0.0 | 295 | 4.3% | |
| 0.0 to 0.1 | 295 | 4.3% | |
| 0.1 to 0.2 | 249 | 3.7% | |
| 0.2 to 0.3 | 249 | 3.7% | |
| 0.3 to 0.4 | 241 | 3.5% | |
| 0.4 to 0.5 | 241 | 3.5% | |
| 0.5 to 0.6 | 290 | 4.3% | |
| 0.6 to 0.7 | 289 | 4.2% | |
| 0.7 to 0.8 | 417 | 6.1% | |
| 0.8 to 0.9 | 417 | 6.1% | |
| 0.9 to 1.0 | 295 | 4.3% |
Frequently asked questions
What is the average correlation of ITT?
ITT Inc. (ITT) has an average correlation of about 0.001 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ITT positively correlated with other stocks?
Not predominantly — 43.8% of pairs are positive and 56.2% are negative. Strong positive correlations (≥0.7) make up 16.6%.
What is the most common correlation range for ITT?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 28.5% of all pairs.
Explore the full interactive correlation distribution for ITT.
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