Service Corporation International (SCI) Correlation Distribution
Across 6,809 rolling correlation observations between Service Corporation International (SCI) and other NASDAQ-listed stocks, 42.2% are positive and 57.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.058, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 12% and strong negative correlations (≤−0.7) for 8.9%.
- Total observations
- 6,809
- Mean correlation
- -0.058
- Most common range
- -0.7 to -0.6
- Positive pairs
- 42.2%
- Strong positive (≥0.7)
- 12%
- Sector
- Services-Personal Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 303 | 4.4% | |
| -0.8 to -0.7 | 303 | 4.4% | |
| -0.7 to -0.6 | 599 | 8.8% | |
| -0.6 to -0.5 | 598 | 8.8% | |
| -0.5 to -0.4 | 534 | 7.8% | |
| -0.4 to -0.3 | 533 | 7.8% | |
| -0.3 to -0.2 | 391 | 5.7% | |
| -0.2 to -0.1 | 390 | 5.7% | |
| -0.1 to 0.0 | 286 | 4.2% | |
| 0.0 to 0.1 | 285 | 4.2% | |
| 0.1 to 0.2 | 275 | 4.0% | |
| 0.2 to 0.3 | 274 | 4.0% | |
| 0.3 to 0.4 | 274 | 4.0% | |
| 0.4 to 0.5 | 273 | 4.0% | |
| 0.5 to 0.6 | 338 | 5.0% | |
| 0.6 to 0.7 | 337 | 4.9% | |
| 0.7 to 0.8 | 401 | 5.9% | |
| 0.8 to 0.9 | 400 | 5.9% | |
| 0.9 to 1.0 | 15 | 0.2% |
Frequently asked questions
What is the average correlation of SCI?
Service Corporation International (SCI) has an average correlation of about -0.058 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SCI positively correlated with other stocks?
Not predominantly — 42.2% of pairs are positive and 57.8% are negative. Strong positive correlations (≥0.7) make up 12%.
What is the most common correlation range for SCI?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 27.9% of all pairs.
Explore the full interactive correlation distribution for SCI.
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