Kenvue Inc. (KVUE) Correlation Distribution
Across 6,048 rolling correlation observations between Kenvue Inc. (KVUE) and other NASDAQ-listed stocks, 59.4% are positive and 40.6% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.081, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,048
- Mean correlation
- 0.081
- Most common range
- -0.1 to 0.0
- Positive pairs
- 59.4%
- Strong positive (≥0.7)
- 2%
- Sector
- Perfumes, Cosmetics & Other Toilet Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 17 | 0.3% | |
| -0.8 to -0.7 | 16 | 0.3% | |
| -0.7 to -0.6 | 119 | 2.0% | |
| -0.6 to -0.5 | 118 | 2.0% | |
| -0.5 to -0.4 | 278 | 4.6% | |
| -0.4 to -0.3 | 278 | 4.6% | |
| -0.3 to -0.2 | 483 | 8.0% | |
| -0.2 to -0.1 | 482 | 8.0% | |
| -0.1 to 0.0 | 664 | 11.0% | |
| 0.0 to 0.1 | 663 | 11.0% | |
| 0.1 to 0.2 | 652 | 10.8% | |
| 0.2 to 0.3 | 651 | 10.8% | |
| 0.3 to 0.4 | 473 | 7.8% | |
| 0.4 to 0.5 | 472 | 7.8% | |
| 0.5 to 0.6 | 280 | 4.6% | |
| 0.6 to 0.7 | 279 | 4.6% | |
| 0.7 to 0.8 | 56 | 0.9% | |
| 0.8 to 0.9 | 56 | 0.9% | |
| 0.9 to 1.0 | 11 | 0.2% |
Frequently asked questions
What is the average correlation of KVUE?
Kenvue Inc. (KVUE) has an average correlation of about 0.081 with other NASDAQ stocks, based on 6,048 pairwise observations.
Is KVUE positively correlated with other stocks?
Mostly yes — 59.4% of pairs are positive and 40.6% are negative. Strong positive correlations (≥0.7) make up 2%.
What is the most common correlation range for KVUE?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 59.4% of all pairs.
Explore the full interactive correlation distribution for KVUE.
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