Toll Brothers, Inc. (TOL) Correlation Distribution
Across 6,809 rolling correlation observations between Toll Brothers, Inc. (TOL) and other NASDAQ-listed stocks, 40.4% are positive and 59.6% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.045, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.3% and strong negative correlations (≤−0.7) for 5.8%.
- Total observations
- 6,809
- Mean correlation
- -0.045
- Most common range
- -0.5 to -0.4
- Positive pairs
- 40.4%
- Strong positive (≥0.7)
- 15.3%
- Sector
- Operative Builders
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 199 | 2.9% | |
| -0.8 to -0.7 | 198 | 2.9% | |
| -0.7 to -0.6 | 605 | 8.9% | |
| -0.6 to -0.5 | 604 | 8.9% | |
| -0.5 to -0.4 | 737 | 10.8% | |
| -0.4 to -0.3 | 736 | 10.8% | |
| -0.3 to -0.2 | 354 | 5.2% | |
| -0.2 to -0.1 | 354 | 5.2% | |
| -0.1 to 0.0 | 269 | 4.0% | |
| 0.0 to 0.1 | 268 | 3.9% | |
| 0.1 to 0.2 | 217 | 3.2% | |
| 0.2 to 0.3 | 217 | 3.2% | |
| 0.3 to 0.4 | 222 | 3.3% | |
| 0.4 to 0.5 | 221 | 3.2% | |
| 0.5 to 0.6 | 282 | 4.1% | |
| 0.6 to 0.7 | 282 | 4.1% | |
| 0.7 to 0.8 | 410 | 6.0% | |
| 0.8 to 0.9 | 409 | 6.0% | |
| 0.9 to 1.0 | 224 | 3.3% |
Frequently asked questions
What is the average correlation of TOL?
Toll Brothers, Inc. (TOL) has an average correlation of about -0.045 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TOL positively correlated with other stocks?
Not predominantly — 40.4% of pairs are positive and 59.6% are negative. Strong positive correlations (≥0.7) make up 15.3%.
What is the most common correlation range for TOL?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.
Explore the full interactive correlation distribution for TOL.
Open interactive dashboard →