Kulicke & Soffa Industries Inc (KLIC) Correlation Distribution
Across 6,809 rolling correlation observations between Kulicke & Soffa Industries Inc (KLIC) and other NASDAQ-listed stocks, 72.2% are positive and 27.8% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.194, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.8% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,809
- Mean correlation
- 0.194
- Most common range
- 0.1 to 0.2
- Positive pairs
- 72.2%
- Strong positive (≥0.7)
- 2.8%
- Sector
- Semiconductors & Related Devices
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 11 | 0.2% | |
| -0.8 to -0.7 | 11 | 0.2% | |
| -0.7 to -0.6 | 64 | 0.9% | |
| -0.6 to -0.5 | 63 | 0.9% | |
| -0.5 to -0.4 | 182 | 2.7% | |
| -0.4 to -0.3 | 182 | 2.7% | |
| -0.3 to -0.2 | 368 | 5.4% | |
| -0.2 to -0.1 | 368 | 5.4% | |
| -0.1 to 0.0 | 647 | 9.5% | |
| 0.0 to 0.1 | 647 | 9.5% | |
| 0.1 to 0.2 | 748 | 11.0% | |
| 0.2 to 0.3 | 747 | 11.0% | |
| 0.3 to 0.4 | 724 | 10.6% | |
| 0.4 to 0.5 | 723 | 10.6% | |
| 0.5 to 0.6 | 568 | 8.3% | |
| 0.6 to 0.7 | 567 | 8.3% | |
| 0.7 to 0.8 | 94 | 1.4% | |
| 0.8 to 0.9 | 94 | 1.4% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of KLIC?
Kulicke & Soffa Industries Inc (KLIC) has an average correlation of about 0.194 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KLIC positively correlated with other stocks?
Mostly yes — 72.2% of pairs are positive and 27.8% are negative. Strong positive correlations (≥0.7) make up 2.8%.
What is the most common correlation range for KLIC?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 51.8% of all pairs.
Explore the full interactive correlation distribution for KLIC.
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