Ross Stores Inc (ROST) Correlation Distribution
Across 6,809 rolling correlation observations between Ross Stores Inc (ROST) and other NASDAQ-listed stocks, 46.7% are positive and 53.3% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.029, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 10.7% and strong negative correlations (≤−0.7) for 3.6%.
- Total observations
- 6,809
- Mean correlation
- 0.029
- Most common range
- -0.3 to -0.2
- Positive pairs
- 46.7%
- Strong positive (≥0.7)
- 10.7%
- Sector
- Retail-Family Clothing Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 121 | 1.8% | |
| -0.8 to -0.7 | 121 | 1.8% | |
| -0.7 to -0.6 | 287 | 4.2% | |
| -0.6 to -0.5 | 287 | 4.2% | |
| -0.5 to -0.4 | 528 | 7.8% | |
| -0.4 to -0.3 | 528 | 7.8% | |
| -0.3 to -0.2 | 680 | 10.0% | |
| -0.2 to -0.1 | 679 | 10.0% | |
| -0.1 to 0.0 | 401 | 5.9% | |
| 0.0 to 0.1 | 401 | 5.9% | |
| 0.1 to 0.2 | 330 | 4.8% | |
| 0.2 to 0.3 | 330 | 4.8% | |
| 0.3 to 0.4 | 303 | 4.4% | |
| 0.4 to 0.5 | 303 | 4.4% | |
| 0.5 to 0.6 | 391 | 5.7% | |
| 0.6 to 0.7 | 390 | 5.7% | |
| 0.7 to 0.8 | 355 | 5.2% | |
| 0.8 to 0.9 | 354 | 5.2% | |
| 0.9 to 1.0 | 20 | 0.3% |
Frequently asked questions
What is the average correlation of ROST?
Ross Stores Inc (ROST) has an average correlation of about 0.029 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ROST positively correlated with other stocks?
Not predominantly — 46.7% of pairs are positive and 53.3% are negative. Strong positive correlations (≥0.7) make up 10.7%.
What is the most common correlation range for ROST?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 41.4% of all pairs.
Explore the full interactive correlation distribution for ROST.
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