Kosmos Energy Ltd. (KOS) Correlation Distribution
Across 6,809 rolling correlation observations between Kosmos Energy Ltd. (KOS) and other NASDAQ-listed stocks, 36.3% are positive and 63.7% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.147, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 3.1% and strong negative correlations (≤−0.7) for 7.7%.
- Total observations
- 6,809
- Mean correlation
- -0.147
- Most common range
- -0.7 to -0.6
- Positive pairs
- 36.3%
- Strong positive (≥0.7)
- 3.1%
- Sector
- Crude Petroleum & Natural Gas
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 16 | 0.2% | |
| -0.9 to -0.8 | 255 | 3.7% | |
| -0.8 to -0.7 | 254 | 3.7% | |
| -0.7 to -0.6 | 637 | 9.4% | |
| -0.6 to -0.5 | 636 | 9.3% | |
| -0.5 to -0.4 | 545 | 8.0% | |
| -0.4 to -0.3 | 544 | 8.0% | |
| -0.3 to -0.2 | 487 | 7.2% | |
| -0.2 to -0.1 | 487 | 7.2% | |
| -0.1 to 0.0 | 476 | 7.0% | |
| 0.0 to 0.1 | 476 | 7.0% | |
| 0.1 to 0.2 | 385 | 5.7% | |
| 0.2 to 0.3 | 385 | 5.7% | |
| 0.3 to 0.4 | 289 | 4.2% | |
| 0.4 to 0.5 | 288 | 4.2% | |
| 0.5 to 0.6 | 220 | 3.2% | |
| 0.6 to 0.7 | 220 | 3.2% | |
| 0.7 to 0.8 | 97 | 1.4% | |
| 0.8 to 0.9 | 96 | 1.4% | |
| 0.9 to 1.0 | 16 | 0.2% |
Frequently asked questions
What is the average correlation of KOS?
Kosmos Energy Ltd. (KOS) has an average correlation of about -0.147 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KOS positively correlated with other stocks?
Not predominantly — 36.3% of pairs are positive and 63.7% are negative. Strong positive correlations (≥0.7) make up 3.1%.
What is the most common correlation range for KOS?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 39.6% of all pairs.
Explore the full interactive correlation distribution for KOS.
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