Knife River Corporation (KNF) Correlation Distribution
Across 5,997 rolling correlation observations between Knife River Corporation (KNF) and other NASDAQ-listed stocks, 54.3% are positive and 45.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.065, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 25.7% and strong negative correlations (≤−0.7) for 20%.
- Total observations
- 5,997
- Mean correlation
- 0.065
- Most common range
- 0.7 to 0.8
- Positive pairs
- 54.3%
- Strong positive (≥0.7)
- 25.7%
- Sector
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 83 | 1.4% | |
| -0.9 to -0.8 | 558 | 9.3% | |
| -0.8 to -0.7 | 558 | 9.3% | |
| -0.7 to -0.6 | 292 | 4.9% | |
| -0.6 to -0.5 | 292 | 4.9% | |
| -0.5 to -0.4 | 208 | 3.5% | |
| -0.4 to -0.3 | 208 | 3.5% | |
| -0.3 to -0.2 | 181 | 3.0% | |
| -0.2 to -0.1 | 181 | 3.0% | |
| -0.1 to 0.0 | 177 | 3.0% | |
| 0.0 to 0.1 | 176 | 2.9% | |
| 0.1 to 0.2 | 205 | 3.4% | |
| 0.2 to 0.3 | 204 | 3.4% | |
| 0.3 to 0.4 | 224 | 3.7% | |
| 0.4 to 0.5 | 224 | 3.7% | |
| 0.5 to 0.6 | 342 | 5.7% | |
| 0.6 to 0.7 | 342 | 5.7% | |
| 0.7 to 0.8 | 618 | 10.3% | |
| 0.8 to 0.9 | 618 | 10.3% | |
| 0.9 to 1.0 | 306 | 5.1% |
Frequently asked questions
What is the average correlation of KNF?
Knife River Corporation (KNF) has an average correlation of about 0.065 with other NASDAQ stocks, based on 5,997 pairwise observations.
Is KNF positively correlated with other stocks?
Mostly yes — 54.3% of pairs are positive and 45.7% are negative. Strong positive correlations (≥0.7) make up 25.7%.
What is the most common correlation range for KNF?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.7% of all pairs.
Explore the full interactive correlation distribution for KNF.
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