Telephone and Data Systems Inc. (TDS) Correlation Distribution
Across 6,809 rolling correlation observations between Telephone and Data Systems Inc. (TDS) and other NASDAQ-listed stocks, 59% are positive and 41% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.101, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 5.6% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,809
- Mean correlation
- 0.101
- Most common range
- -0.1 to 0.0
- Positive pairs
- 59%
- Strong positive (≥0.7)
- 5.6%
- Sector
- Telephone Communications (No Radiotelephone)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 57 | 0.8% | |
| -0.8 to -0.7 | 56 | 0.8% | |
| -0.7 to -0.6 | 175 | 2.6% | |
| -0.6 to -0.5 | 175 | 2.6% | |
| -0.5 to -0.4 | 297 | 4.4% | |
| -0.4 to -0.3 | 296 | 4.3% | |
| -0.3 to -0.2 | 467 | 6.9% | |
| -0.2 to -0.1 | 466 | 6.8% | |
| -0.1 to 0.0 | 801 | 11.8% | |
| 0.0 to 0.1 | 801 | 11.8% | |
| 0.1 to 0.2 | 526 | 7.7% | |
| 0.2 to 0.3 | 525 | 7.7% | |
| 0.3 to 0.4 | 434 | 6.4% | |
| 0.4 to 0.5 | 434 | 6.4% | |
| 0.5 to 0.6 | 458 | 6.7% | |
| 0.6 to 0.7 | 458 | 6.7% | |
| 0.7 to 0.8 | 187 | 2.7% | |
| 0.8 to 0.9 | 186 | 2.7% | |
| 0.9 to 1.0 | 9 | 0.1% |
Frequently asked questions
What is the average correlation of TDS?
Telephone and Data Systems Inc. (TDS) has an average correlation of about 0.101 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TDS positively correlated with other stocks?
Mostly yes — 59% of pairs are positive and 41% are negative. Strong positive correlations (≥0.7) make up 5.6%.
What is the most common correlation range for TDS?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 52.7% of all pairs.
Explore the full interactive correlation distribution for TDS.
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