Skyworks Solutions Inc (SWKS) Correlation Distribution
Across 6,809 rolling correlation observations between Skyworks Solutions Inc (SWKS) and other NASDAQ-listed stocks, 69% are positive and 31% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.297, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.2% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 6,809
- Mean correlation
- 0.297
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69%
- Strong positive (≥0.7)
- 34.2%
- Sector
- Semiconductors & Related Devices
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 81 | 1.2% | |
| -0.8 to -0.7 | 80 | 1.2% | |
| -0.7 to -0.6 | 320 | 4.7% | |
| -0.6 to -0.5 | 320 | 4.7% | |
| -0.5 to -0.4 | 290 | 4.3% | |
| -0.4 to -0.3 | 289 | 4.2% | |
| -0.3 to -0.2 | 254 | 3.7% | |
| -0.2 to -0.1 | 254 | 3.7% | |
| -0.1 to 0.0 | 222 | 3.3% | |
| 0.0 to 0.1 | 222 | 3.3% | |
| 0.1 to 0.2 | 252 | 3.7% | |
| 0.2 to 0.3 | 252 | 3.7% | |
| 0.3 to 0.4 | 324 | 4.8% | |
| 0.4 to 0.5 | 323 | 4.7% | |
| 0.5 to 0.6 | 497 | 7.3% | |
| 0.6 to 0.7 | 496 | 7.3% | |
| 0.7 to 0.8 | 1,000 | 14.7% | |
| 0.8 to 0.9 | 999 | 14.7% | |
| 0.9 to 1.0 | 331 | 4.9% |
Frequently asked questions
What is the average correlation of SWKS?
Skyworks Solutions Inc (SWKS) has an average correlation of about 0.297 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SWKS positively correlated with other stocks?
Mostly yes — 69% of pairs are positive and 31% are negative. Strong positive correlations (≥0.7) make up 34.2%.
What is the most common correlation range for SWKS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.4% of all pairs.
Explore the full interactive correlation distribution for SWKS.
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