Teradyne, Inc. Common Stock (TER) Correlation Distribution
Across 6,809 rolling correlation observations between Teradyne, Inc. Common Stock (TER) and other NASDAQ-listed stocks, 81.2% are positive and 18.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.239, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,809
- Mean correlation
- 0.239
- Most common range
- 0.3 to 0.4
- Positive pairs
- 81.2%
- Strong positive (≥0.7)
- 1.6%
- Sector
- Instruments For Meas & Testing Of Electricity & Elec Signals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 8 | 0.1% | |
| -0.6 to -0.5 | 8 | 0.1% | |
| -0.5 to -0.4 | 90 | 1.3% | |
| -0.4 to -0.3 | 90 | 1.3% | |
| -0.3 to -0.2 | 251 | 3.7% | |
| -0.2 to -0.1 | 251 | 3.7% | |
| -0.1 to 0.0 | 579 | 8.5% | |
| 0.0 to 0.1 | 579 | 8.5% | |
| 0.1 to 0.2 | 947 | 13.9% | |
| 0.2 to 0.3 | 947 | 13.9% | |
| 0.3 to 0.4 | 1,065 | 15.6% | |
| 0.4 to 0.5 | 1,064 | 15.6% | |
| 0.5 to 0.6 | 408 | 6.0% | |
| 0.6 to 0.7 | 408 | 6.0% | |
| 0.7 to 0.8 | 56 | 0.8% | |
| 0.8 to 0.9 | 55 | 0.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of TER?
Teradyne, Inc. Common Stock (TER) has an average correlation of about 0.239 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TER positively correlated with other stocks?
Mostly yes — 81.2% of pairs are positive and 18.8% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for TER?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 52.2% of all pairs.
Explore the full interactive correlation distribution for TER.
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