Thor Industries, Inc. (THO) Correlation Distribution
Across 6,809 rolling correlation observations between Thor Industries, Inc. (THO) and other NASDAQ-listed stocks, 72.1% are positive and 27.9% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.197, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.4% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,809
- Mean correlation
- 0.197
- Most common range
- 0.3 to 0.4
- Positive pairs
- 72.1%
- Strong positive (≥0.7)
- 1.4%
- Sector
- Motor Homes
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 4 | 0.1% | |
| -0.8 to -0.7 | 3 | 0.0% | |
| -0.7 to -0.6 | 42 | 0.6% | |
| -0.6 to -0.5 | 41 | 0.6% | |
| -0.5 to -0.4 | 193 | 2.8% | |
| -0.4 to -0.3 | 192 | 2.8% | |
| -0.3 to -0.2 | 393 | 5.8% | |
| -0.2 to -0.1 | 392 | 5.8% | |
| -0.1 to 0.0 | 640 | 9.4% | |
| 0.0 to 0.1 | 639 | 9.4% | |
| 0.1 to 0.2 | 645 | 9.5% | |
| 0.2 to 0.3 | 644 | 9.5% | |
| 0.3 to 0.4 | 894 | 13.1% | |
| 0.4 to 0.5 | 893 | 13.1% | |
| 0.5 to 0.6 | 549 | 8.1% | |
| 0.6 to 0.7 | 549 | 8.1% | |
| 0.7 to 0.8 | 48 | 0.7% | |
| 0.8 to 0.9 | 48 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of THO?
Thor Industries, Inc. (THO) has an average correlation of about 0.197 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is THO positively correlated with other stocks?
Mostly yes — 72.1% of pairs are positive and 27.9% are negative. Strong positive correlations (≥0.7) make up 1.4%.
What is the most common correlation range for THO?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 49.2% of all pairs.
Explore the full interactive correlation distribution for THO.
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