Kratos Defense & Security Solutions, Inc. (KTOS) Correlation Distribution
Across 6,809 rolling correlation observations between Kratos Defense & Security Solutions, Inc. (KTOS) and other NASDAQ-listed stocks, 69.2% are positive and 30.8% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.17, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,809
- Mean correlation
- 0.17
- Most common range
- 0.1 to 0.2
- Positive pairs
- 69.2%
- Strong positive (≥0.7)
- 8%
- Sector
- Guided Missiles & Space Vehicles & Parts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 64 | 0.9% | |
| -0.8 to -0.7 | 63 | 0.9% | |
| -0.7 to -0.6 | 162 | 2.4% | |
| -0.6 to -0.5 | 161 | 2.4% | |
| -0.5 to -0.4 | 233 | 3.4% | |
| -0.4 to -0.3 | 233 | 3.4% | |
| -0.3 to -0.2 | 348 | 5.1% | |
| -0.2 to -0.1 | 347 | 5.1% | |
| -0.1 to 0.0 | 482 | 7.1% | |
| 0.0 to 0.1 | 481 | 7.1% | |
| 0.1 to 0.2 | 773 | 11.4% | |
| 0.2 to 0.3 | 773 | 11.4% | |
| 0.3 to 0.4 | 642 | 9.4% | |
| 0.4 to 0.5 | 642 | 9.4% | |
| 0.5 to 0.6 | 429 | 6.3% | |
| 0.6 to 0.7 | 429 | 6.3% | |
| 0.7 to 0.8 | 257 | 3.8% | |
| 0.8 to 0.9 | 257 | 3.8% | |
| 0.9 to 1.0 | 32 | 0.5% |
Frequently asked questions
What is the average correlation of KTOS?
Kratos Defense & Security Solutions, Inc. (KTOS) has an average correlation of about 0.17 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KTOS positively correlated with other stocks?
Mostly yes — 69.2% of pairs are positive and 30.8% are negative. Strong positive correlations (≥0.7) make up 8%.
What is the most common correlation range for KTOS?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 47.1% of all pairs.
Explore the full interactive correlation distribution for KTOS.
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