Sensata Technologies Holding plc (ST) Correlation Distribution
Across 6,809 rolling correlation observations between Sensata Technologies Holding plc (ST) and other NASDAQ-listed stocks, 70.1% are positive and 29.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.279, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 28.4% and strong negative correlations (≤−0.7) for 3.7%.
- Total observations
- 6,809
- Mean correlation
- 0.279
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.1%
- Strong positive (≥0.7)
- 28.4%
- Sector
- Industrial Instruments For Measurement, Display, And Control
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 128 | 1.9% | |
| -0.8 to -0.7 | 127 | 1.9% | |
| -0.7 to -0.6 | 338 | 5.0% | |
| -0.6 to -0.5 | 338 | 5.0% | |
| -0.5 to -0.4 | 250 | 3.7% | |
| -0.4 to -0.3 | 249 | 3.7% | |
| -0.3 to -0.2 | 201 | 3.0% | |
| -0.2 to -0.1 | 201 | 3.0% | |
| -0.1 to 0.0 | 202 | 3.0% | |
| 0.0 to 0.1 | 202 | 3.0% | |
| 0.1 to 0.2 | 256 | 3.8% | |
| 0.2 to 0.3 | 256 | 3.8% | |
| 0.3 to 0.4 | 362 | 5.3% | |
| 0.4 to 0.5 | 361 | 5.3% | |
| 0.5 to 0.6 | 701 | 10.3% | |
| 0.6 to 0.7 | 701 | 10.3% | |
| 0.7 to 0.8 | 950 | 14.0% | |
| 0.8 to 0.9 | 949 | 13.9% | |
| 0.9 to 1.0 | 37 | 0.5% |
Frequently asked questions
What is the average correlation of ST?
Sensata Technologies Holding plc (ST) has an average correlation of about 0.279 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ST positively correlated with other stocks?
Mostly yes — 70.1% of pairs are positive and 29.9% are negative. Strong positive correlations (≥0.7) make up 28.4%.
What is the most common correlation range for ST?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.4% of all pairs.
Explore the full interactive correlation distribution for ST.
Open interactive dashboard →