KB Home (KBH) Correlation Distribution
Across 6,809 rolling correlation observations between KB Home (KBH) and other NASDAQ-listed stocks, 42.1% are positive and 57.9% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.018, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 12% and strong negative correlations (≤−0.7) for 3.5%.
- Total observations
- 6,809
- Mean correlation
- -0.018
- Most common range
- -0.5 to -0.4
- Positive pairs
- 42.1%
- Strong positive (≥0.7)
- 12%
- Sector
- Operative Builders
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 120 | 1.8% | |
| -0.8 to -0.7 | 119 | 1.7% | |
| -0.7 to -0.6 | 412 | 6.1% | |
| -0.6 to -0.5 | 411 | 6.0% | |
| -0.5 to -0.4 | 764 | 11.2% | |
| -0.4 to -0.3 | 764 | 11.2% | |
| -0.3 to -0.2 | 519 | 7.6% | |
| -0.2 to -0.1 | 519 | 7.6% | |
| -0.1 to 0.0 | 315 | 4.6% | |
| 0.0 to 0.1 | 314 | 4.6% | |
| 0.1 to 0.2 | 274 | 4.0% | |
| 0.2 to 0.3 | 274 | 4.0% | |
| 0.3 to 0.4 | 260 | 3.8% | |
| 0.4 to 0.5 | 259 | 3.8% | |
| 0.5 to 0.6 | 333 | 4.9% | |
| 0.6 to 0.7 | 332 | 4.9% | |
| 0.7 to 0.8 | 369 | 5.4% | |
| 0.8 to 0.9 | 368 | 5.4% | |
| 0.9 to 1.0 | 83 | 1.2% |
Frequently asked questions
What is the average correlation of KBH?
KB Home (KBH) has an average correlation of about -0.018 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KBH positively correlated with other stocks?
Not predominantly — 42.1% of pairs are positive and 57.9% are negative. Strong positive correlations (≥0.7) make up 12%.
What is the most common correlation range for KBH?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 32.5% of all pairs.
Explore the full interactive correlation distribution for KBH.
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