KERN (KERN) Correlation Distribution
Across 6,520 rolling correlation observations between KERN (KERN) and other NASDAQ-listed stocks, 66.2% are positive and 33.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.267, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 36.6% and strong negative correlations (≤−0.7) for 7.6%.
- Total observations
- 6,520
- Mean correlation
- 0.267
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.2%
- Strong positive (≥0.7)
- 36.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 10 | 0.2% | |
| -0.9 to -0.8 | 242 | 3.7% | |
| -0.8 to -0.7 | 242 | 3.7% | |
| -0.7 to -0.6 | 322 | 4.9% | |
| -0.6 to -0.5 | 322 | 4.9% | |
| -0.5 to -0.4 | 227 | 3.5% | |
| -0.4 to -0.3 | 226 | 3.5% | |
| -0.3 to -0.2 | 205 | 3.1% | |
| -0.2 to -0.1 | 205 | 3.1% | |
| -0.1 to 0.0 | 204 | 3.1% | |
| 0.0 to 0.1 | 204 | 3.1% | |
| 0.1 to 0.2 | 206 | 3.2% | |
| 0.2 to 0.3 | 206 | 3.2% | |
| 0.3 to 0.4 | 255 | 3.9% | |
| 0.4 to 0.5 | 255 | 3.9% | |
| 0.5 to 0.6 | 401 | 6.2% | |
| 0.6 to 0.7 | 401 | 6.2% | |
| 0.7 to 0.8 | 825 | 12.7% | |
| 0.8 to 0.9 | 825 | 12.7% | |
| 0.9 to 1.0 | 737 | 11.3% |
Frequently asked questions
What is the average correlation of KERN?
KERN (KERN) has an average correlation of about 0.267 with other NASDAQ stocks, based on 6,520 pairwise observations.
Is KERN positively correlated with other stocks?
Mostly yes — 66.2% of pairs are positive and 33.8% are negative. Strong positive correlations (≥0.7) make up 36.6%.
What is the most common correlation range for KERN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.9% of all pairs.
Explore the full interactive correlation distribution for KERN.
Open interactive dashboard →