Kinder Morgan, Inc. (KMI) Correlation Distribution
Across 6,809 rolling correlation observations between Kinder Morgan, Inc. (KMI) and other NASDAQ-listed stocks, 41.1% are positive and 58.9% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.027, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 12.6% and strong negative correlations (≤−0.7) for 2.1%.
- Total observations
- 6,809
- Mean correlation
- -0.027
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.1%
- Strong positive (≥0.7)
- 12.6%
- Sector
- Natural Gas Transmission
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 70 | 1.0% | |
| -0.8 to -0.7 | 69 | 1.0% | |
| -0.7 to -0.6 | 524 | 7.7% | |
| -0.6 to -0.5 | 524 | 7.7% | |
| -0.5 to -0.4 | 775 | 11.4% | |
| -0.4 to -0.3 | 775 | 11.4% | |
| -0.3 to -0.2 | 476 | 7.0% | |
| -0.2 to -0.1 | 475 | 7.0% | |
| -0.1 to 0.0 | 319 | 4.7% | |
| 0.0 to 0.1 | 318 | 4.7% | |
| 0.1 to 0.2 | 261 | 3.8% | |
| 0.2 to 0.3 | 261 | 3.8% | |
| 0.3 to 0.4 | 247 | 3.6% | |
| 0.4 to 0.5 | 246 | 3.6% | |
| 0.5 to 0.6 | 305 | 4.5% | |
| 0.6 to 0.7 | 304 | 4.5% | |
| 0.7 to 0.8 | 391 | 5.7% | |
| 0.8 to 0.9 | 390 | 5.7% | |
| 0.9 to 1.0 | 78 | 1.1% |
Frequently asked questions
What is the average correlation of KMI?
Kinder Morgan, Inc. (KMI) has an average correlation of about -0.027 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KMI positively correlated with other stocks?
Not predominantly — 41.1% of pairs are positive and 58.9% are negative. Strong positive correlations (≥0.7) make up 12.6%.
What is the most common correlation range for KMI?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 31% of all pairs.
Explore the full interactive correlation distribution for KMI.
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