McCormick & Company, Incorporated Non-VTG CS (MKC) Correlation Distribution
Across 6,809 rolling correlation observations between McCormick & Company, Incorporated Non-VTG CS (MKC) and other NASDAQ-listed stocks, 65% are positive and 35% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.143, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.9% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,809
- Mean correlation
- 0.143
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65%
- Strong positive (≥0.7)
- 1.9%
- Sector
- Miscellaneous Food Preparations & Kindred Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 29 | 0.4% | |
| -0.8 to -0.7 | 28 | 0.4% | |
| -0.7 to -0.6 | 385 | 5.7% | |
| -0.6 to -0.5 | 384 | 5.6% | |
| -0.5 to -0.4 | 336 | 4.9% | |
| -0.4 to -0.3 | 335 | 4.9% | |
| -0.3 to -0.2 | 287 | 4.2% | |
| -0.2 to -0.1 | 286 | 4.2% | |
| -0.1 to 0.0 | 315 | 4.6% | |
| 0.0 to 0.1 | 314 | 4.6% | |
| 0.1 to 0.2 | 391 | 5.7% | |
| 0.2 to 0.3 | 390 | 5.7% | |
| 0.3 to 0.4 | 790 | 11.6% | |
| 0.4 to 0.5 | 789 | 11.6% | |
| 0.5 to 0.6 | 812 | 11.9% | |
| 0.6 to 0.7 | 811 | 11.9% | |
| 0.7 to 0.8 | 64 | 0.9% | |
| 0.8 to 0.9 | 63 | 0.9% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of MKC?
McCormick & Company, Incorporated Non-VTG CS (MKC) has an average correlation of about 0.143 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MKC positively correlated with other stocks?
Mostly yes — 65% of pairs are positive and 35% are negative. Strong positive correlations (≥0.7) make up 1.9%.
What is the most common correlation range for MKC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.1% of all pairs.
Explore the full interactive correlation distribution for MKC.
Open interactive dashboard →