The Kroger Co. (KR) Correlation Distribution
Across 6,809 rolling correlation observations between The Kroger Co. (KR) and other NASDAQ-listed stocks, 39.5% are positive and 60.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.101, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 10.8% and strong negative correlations (≤−0.7) for 10.6%.
- Total observations
- 6,809
- Mean correlation
- -0.101
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.5%
- Strong positive (≥0.7)
- 10.8%
- Sector
- Retail-Grocery Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 360 | 5.3% | |
| -0.8 to -0.7 | 360 | 5.3% | |
| -0.7 to -0.6 | 713 | 10.5% | |
| -0.6 to -0.5 | 712 | 10.5% | |
| -0.5 to -0.4 | 508 | 7.5% | |
| -0.4 to -0.3 | 508 | 7.5% | |
| -0.3 to -0.2 | 341 | 5.0% | |
| -0.2 to -0.1 | 341 | 5.0% | |
| -0.1 to 0.0 | 272 | 4.0% | |
| 0.0 to 0.1 | 271 | 4.0% | |
| 0.1 to 0.2 | 264 | 3.9% | |
| 0.2 to 0.3 | 263 | 3.9% | |
| 0.3 to 0.4 | 260 | 3.8% | |
| 0.4 to 0.5 | 259 | 3.8% | |
| 0.5 to 0.6 | 321 | 4.7% | |
| 0.6 to 0.7 | 321 | 4.7% | |
| 0.7 to 0.8 | 357 | 5.2% | |
| 0.8 to 0.9 | 357 | 5.2% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of KR?
The Kroger Co. (KR) has an average correlation of about -0.101 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KR positively correlated with other stocks?
Not predominantly — 39.5% of pairs are positive and 60.5% are negative. Strong positive correlations (≥0.7) make up 10.8%.
What is the most common correlation range for KR?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 25.7% of all pairs.
Explore the full interactive correlation distribution for KR.
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