Insight Enterprises Inc (NSIT) Correlation Distribution
Across 6,809 rolling correlation observations between Insight Enterprises Inc (NSIT) and other NASDAQ-listed stocks, 38.2% are positive and 61.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.105, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.3% and strong negative correlations (≤−0.7) for 9.5%.
- Total observations
- 6,809
- Mean correlation
- -0.105
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.2%
- Strong positive (≥0.7)
- 13.3%
- Sector
- Retail-Catalog & Mail-Order Houses
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 321 | 4.7% | |
| -0.8 to -0.7 | 321 | 4.7% | |
| -0.7 to -0.6 | 855 | 12.6% | |
| -0.6 to -0.5 | 855 | 12.6% | |
| -0.5 to -0.4 | 533 | 7.8% | |
| -0.4 to -0.3 | 533 | 7.8% | |
| -0.3 to -0.2 | 277 | 4.1% | |
| -0.2 to -0.1 | 276 | 4.1% | |
| -0.1 to 0.0 | 232 | 3.4% | |
| 0.0 to 0.1 | 232 | 3.4% | |
| 0.1 to 0.2 | 221 | 3.2% | |
| 0.2 to 0.3 | 221 | 3.2% | |
| 0.3 to 0.4 | 222 | 3.3% | |
| 0.4 to 0.5 | 222 | 3.3% | |
| 0.5 to 0.6 | 292 | 4.3% | |
| 0.6 to 0.7 | 291 | 4.3% | |
| 0.7 to 0.8 | 375 | 5.5% | |
| 0.8 to 0.9 | 375 | 5.5% | |
| 0.9 to 1.0 | 153 | 2.2% |
Frequently asked questions
What is the average correlation of NSIT?
Insight Enterprises Inc (NSIT) has an average correlation of about -0.105 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is NSIT positively correlated with other stocks?
Not predominantly — 38.2% of pairs are positive and 61.8% are negative. Strong positive correlations (≥0.7) make up 13.3%.
What is the most common correlation range for NSIT?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.4% of all pairs.
Explore the full interactive correlation distribution for NSIT.
Open interactive dashboard →