KLR (KLR) Correlation Distribution
Across 6,311 rolling correlation observations between KLR (KLR) and other NASDAQ-listed stocks, 76.2% are positive and 23.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.4, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 43.2% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,311
- Mean correlation
- 0.4
- Most common range
- 0.7 to 0.8
- Positive pairs
- 76.2%
- Strong positive (≥0.7)
- 43.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 55 | 0.9% | |
| -0.8 to -0.7 | 55 | 0.9% | |
| -0.7 to -0.6 | 216 | 3.4% | |
| -0.6 to -0.5 | 215 | 3.4% | |
| -0.5 to -0.4 | 196 | 3.1% | |
| -0.4 to -0.3 | 195 | 3.1% | |
| -0.3 to -0.2 | 178 | 2.8% | |
| -0.2 to -0.1 | 178 | 2.8% | |
| -0.1 to 0.0 | 207 | 3.3% | |
| 0.0 to 0.1 | 206 | 3.3% | |
| 0.1 to 0.2 | 231 | 3.7% | |
| 0.2 to 0.3 | 230 | 3.6% | |
| 0.3 to 0.4 | 292 | 4.6% | |
| 0.4 to 0.5 | 292 | 4.6% | |
| 0.5 to 0.6 | 416 | 6.6% | |
| 0.6 to 0.7 | 415 | 6.6% | |
| 0.7 to 0.8 | 1,042 | 16.5% | |
| 0.8 to 0.9 | 1,041 | 16.5% | |
| 0.9 to 1.0 | 646 | 10.2% |
Frequently asked questions
What is the average correlation of KLR?
KLR (KLR) has an average correlation of about 0.4 with other NASDAQ stocks, based on 6,311 pairwise observations.
Is KLR positively correlated with other stocks?
Mostly yes — 76.2% of pairs are positive and 23.8% are negative. Strong positive correlations (≥0.7) make up 43.2%.
What is the most common correlation range for KLR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.5% of all pairs.
Explore the full interactive correlation distribution for KLR.
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