Kinsale Capital Group, Inc. (KNSL) Correlation Distribution
Across 6,809 rolling correlation observations between Kinsale Capital Group, Inc. (KNSL) and other NASDAQ-listed stocks, 34.9% are positive and 65.1% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.198, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.1% and strong negative correlations (≤−0.7) for 26.7%.
- Total observations
- 6,809
- Mean correlation
- -0.198
- Most common range
- -0.9 to -0.8
- Positive pairs
- 34.9%
- Strong positive (≥0.7)
- 13.1%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 70 | 1.0% | |
| -0.9 to -0.8 | 874 | 12.8% | |
| -0.8 to -0.7 | 873 | 12.8% | |
| -0.7 to -0.6 | 689 | 10.1% | |
| -0.6 to -0.5 | 689 | 10.1% | |
| -0.5 to -0.4 | 309 | 4.5% | |
| -0.4 to -0.3 | 308 | 4.5% | |
| -0.3 to -0.2 | 212 | 3.1% | |
| -0.2 to -0.1 | 211 | 3.1% | |
| -0.1 to 0.0 | 199 | 2.9% | |
| 0.0 to 0.1 | 199 | 2.9% | |
| 0.1 to 0.2 | 184 | 2.7% | |
| 0.2 to 0.3 | 184 | 2.7% | |
| 0.3 to 0.4 | 198 | 2.9% | |
| 0.4 to 0.5 | 198 | 2.9% | |
| 0.5 to 0.6 | 261 | 3.8% | |
| 0.6 to 0.7 | 261 | 3.8% | |
| 0.7 to 0.8 | 385 | 5.7% | |
| 0.8 to 0.9 | 385 | 5.7% | |
| 0.9 to 1.0 | 120 | 1.8% |
Frequently asked questions
What is the average correlation of KNSL?
Kinsale Capital Group, Inc. (KNSL) has an average correlation of about -0.198 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KNSL positively correlated with other stocks?
Not predominantly — 34.9% of pairs are positive and 65.1% are negative. Strong positive correlations (≥0.7) make up 13.1%.
What is the most common correlation range for KNSL?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 17.5% of all pairs.
Explore the full interactive correlation distribution for KNSL.
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