KA (KA) Correlation Distribution
Across 6,231 rolling correlation observations between KA (KA) and other NASDAQ-listed stocks, 53.2% are positive and 46.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.045, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.4% and strong negative correlations (≤−0.7) for 11.4%.
- Total observations
- 6,231
- Mean correlation
- 0.045
- Most common range
- 0.5 to 0.6
- Positive pairs
- 53.2%
- Strong positive (≥0.7)
- 15.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 354 | 5.7% | |
| -0.8 to -0.7 | 353 | 5.7% | |
| -0.7 to -0.6 | 431 | 6.9% | |
| -0.6 to -0.5 | 431 | 6.9% | |
| -0.5 to -0.4 | 289 | 4.6% | |
| -0.4 to -0.3 | 288 | 4.6% | |
| -0.3 to -0.2 | 257 | 4.1% | |
| -0.2 to -0.1 | 256 | 4.1% | |
| -0.1 to 0.0 | 258 | 4.1% | |
| 0.0 to 0.1 | 257 | 4.1% | |
| 0.1 to 0.2 | 246 | 3.9% | |
| 0.2 to 0.3 | 245 | 3.9% | |
| 0.3 to 0.4 | 323 | 5.2% | |
| 0.4 to 0.5 | 323 | 5.2% | |
| 0.5 to 0.6 | 481 | 7.7% | |
| 0.6 to 0.7 | 481 | 7.7% | |
| 0.7 to 0.8 | 477 | 7.7% | |
| 0.8 to 0.9 | 476 | 7.6% | |
| 0.9 to 1.0 | 4 | 0.1% |
Frequently asked questions
What is the average correlation of KA?
KA (KA) has an average correlation of about 0.045 with other NASDAQ stocks, based on 6,231 pairwise observations.
Is KA positively correlated with other stocks?
Mostly yes — 53.2% of pairs are positive and 46.8% are negative. Strong positive correlations (≥0.7) make up 15.4%.
What is the most common correlation range for KA?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 24.4% of all pairs.
Explore the full interactive correlation distribution for KA.
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