Knight-Swift Transportation Holdings Inc. Class A Common Stock (KNX) Correlation Distribution
Across 6,809 rolling correlation observations between Knight-Swift Transportation Holdings Inc. Class A Common Stock (KNX) and other NASDAQ-listed stocks, 52.4% are positive and 47.6% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.02, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.6% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.02
- Most common range
- 0.1 to 0.2
- Positive pairs
- 52.4%
- Strong positive (≥0.7)
- 0.6%
- Sector
- Trucking (No Local)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 14 | 0.2% | |
| -0.8 to -0.7 | 13 | 0.2% | |
| -0.7 to -0.6 | 191 | 2.8% | |
| -0.6 to -0.5 | 190 | 2.8% | |
| -0.5 to -0.4 | 455 | 6.7% | |
| -0.4 to -0.3 | 455 | 6.7% | |
| -0.3 to -0.2 | 644 | 9.5% | |
| -0.2 to -0.1 | 643 | 9.4% | |
| -0.1 to 0.0 | 633 | 9.3% | |
| 0.0 to 0.1 | 632 | 9.3% | |
| 0.1 to 0.2 | 685 | 10.1% | |
| 0.2 to 0.3 | 685 | 10.1% | |
| 0.3 to 0.4 | 544 | 8.0% | |
| 0.4 to 0.5 | 544 | 8.0% | |
| 0.5 to 0.6 | 222 | 3.3% | |
| 0.6 to 0.7 | 221 | 3.2% | |
| 0.7 to 0.8 | 19 | 0.3% | |
| 0.8 to 0.9 | 19 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of KNX?
Knight-Swift Transportation Holdings Inc. Class A Common Stock (KNX) has an average correlation of about 0.02 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KNX positively correlated with other stocks?
Mostly yes — 52.4% of pairs are positive and 47.6% are negative. Strong positive correlations (≥0.7) make up 0.6%.
What is the most common correlation range for KNX?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 57.6% of all pairs.
Explore the full interactive correlation distribution for KNX.
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