Pool Corporation (POOL) Correlation Distribution
Across 6,809 rolling correlation observations between Pool Corporation (POOL) and other NASDAQ-listed stocks, 74.7% are positive and 25.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.276, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,809
- Mean correlation
- 0.276
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.7%
- Strong positive (≥0.7)
- 11%
- Sector
- Wholesale-Misc Durable Goods
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 0 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 28 | 0.4% | |
| -0.6 to -0.5 | 27 | 0.4% | |
| -0.5 to -0.4 | 154 | 2.3% | |
| -0.4 to -0.3 | 153 | 2.2% | |
| -0.3 to -0.2 | 425 | 6.2% | |
| -0.2 to -0.1 | 424 | 6.2% | |
| -0.1 to 0.0 | 515 | 7.6% | |
| 0.0 to 0.1 | 515 | 7.6% | |
| 0.1 to 0.2 | 536 | 7.9% | |
| 0.2 to 0.3 | 536 | 7.9% | |
| 0.3 to 0.4 | 644 | 9.5% | |
| 0.4 to 0.5 | 643 | 9.4% | |
| 0.5 to 0.6 | 729 | 10.7% | |
| 0.6 to 0.7 | 728 | 10.7% | |
| 0.7 to 0.8 | 367 | 5.4% | |
| 0.8 to 0.9 | 366 | 5.4% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of POOL?
Pool Corporation (POOL) has an average correlation of about 0.276 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is POOL positively correlated with other stocks?
Mostly yes — 74.7% of pairs are positive and 25.3% are negative. Strong positive correlations (≥0.7) make up 11%.
What is the most common correlation range for POOL?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 43.3% of all pairs.
Explore the full interactive correlation distribution for POOL.
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