Olin Corp. (OLN) Correlation Distribution
Across 6,809 rolling correlation observations between Olin Corp. (OLN) and other NASDAQ-listed stocks, 53.7% are positive and 46.3% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.036, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3.8% and strong negative correlations (≤−0.7) for 2.5%.
- Total observations
- 6,809
- Mean correlation
- 0.036
- Most common range
- 0.1 to 0.2
- Positive pairs
- 53.7%
- Strong positive (≥0.7)
- 3.8%
- Sector
- Chemicals & Allied Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 83 | 1.2% | |
| -0.8 to -0.7 | 83 | 1.2% | |
| -0.7 to -0.6 | 218 | 3.2% | |
| -0.6 to -0.5 | 218 | 3.2% | |
| -0.5 to -0.4 | 407 | 6.0% | |
| -0.4 to -0.3 | 407 | 6.0% | |
| -0.3 to -0.2 | 571 | 8.4% | |
| -0.2 to -0.1 | 570 | 8.4% | |
| -0.1 to 0.0 | 594 | 8.7% | |
| 0.0 to 0.1 | 593 | 8.7% | |
| 0.1 to 0.2 | 624 | 9.2% | |
| 0.2 to 0.3 | 623 | 9.1% | |
| 0.3 to 0.4 | 482 | 7.1% | |
| 0.4 to 0.5 | 481 | 7.1% | |
| 0.5 to 0.6 | 296 | 4.3% | |
| 0.6 to 0.7 | 295 | 4.3% | |
| 0.7 to 0.8 | 128 | 1.9% | |
| 0.8 to 0.9 | 128 | 1.9% | |
| 0.9 to 1.0 | 5 | 0.1% |
Frequently asked questions
What is the average correlation of OLN?
Olin Corp. (OLN) has an average correlation of about 0.036 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is OLN positively correlated with other stocks?
Mostly yes — 53.7% of pairs are positive and 46.3% are negative. Strong positive correlations (≥0.7) make up 3.8%.
What is the most common correlation range for OLN?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 52.5% of all pairs.
Explore the full interactive correlation distribution for OLN.
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