KCGI (KCGI) Correlation Distribution
Across 6,566 rolling correlation observations between KCGI (KCGI) and other NASDAQ-listed stocks, 31.4% are positive and 68.6% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.227, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.4% and strong negative correlations (≤−0.7) for 25.4%.
- Total observations
- 6,566
- Mean correlation
- -0.227
- Most common range
- -0.9 to -0.8
- Positive pairs
- 31.4%
- Strong positive (≥0.7)
- 13.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 135 | 2.1% | |
| -0.9 to -0.8 | 765 | 11.7% | |
| -0.8 to -0.7 | 765 | 11.7% | |
| -0.7 to -0.6 | 764 | 11.6% | |
| -0.6 to -0.5 | 763 | 11.6% | |
| -0.5 to -0.4 | 375 | 5.7% | |
| -0.4 to -0.3 | 375 | 5.7% | |
| -0.3 to -0.2 | 193 | 2.9% | |
| -0.2 to -0.1 | 192 | 2.9% | |
| -0.1 to 0.0 | 175 | 2.7% | |
| 0.0 to 0.1 | 174 | 2.7% | |
| 0.1 to 0.2 | 168 | 2.6% | |
| 0.2 to 0.3 | 167 | 2.5% | |
| 0.3 to 0.4 | 168 | 2.6% | |
| 0.4 to 0.5 | 167 | 2.5% | |
| 0.5 to 0.6 | 169 | 2.6% | |
| 0.6 to 0.7 | 169 | 2.6% | |
| 0.7 to 0.8 | 285 | 4.3% | |
| 0.8 to 0.9 | 284 | 4.3% | |
| 0.9 to 1.0 | 313 | 4.8% |
Frequently asked questions
What is the average correlation of KCGI?
KCGI (KCGI) has an average correlation of about -0.227 with other NASDAQ stocks, based on 6,566 pairwise observations.
Is KCGI positively correlated with other stocks?
Not predominantly — 31.4% of pairs are positive and 68.6% are negative. Strong positive correlations (≥0.7) make up 13.4%.
What is the most common correlation range for KCGI?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 16.3% of all pairs.
Explore the full interactive correlation distribution for KCGI.
Open interactive dashboard →