TotalEnergies SE (TTE) Correlation Distribution
Across 6,806 rolling correlation observations between TotalEnergies SE (TTE) and other NASDAQ-listed stocks, 30.3% are positive and 69.7% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.248, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 4.6% and strong negative correlations (≤−0.7) for 19.8%.
- Total observations
- 6,806
- Mean correlation
- -0.248
- Most common range
- -0.7 to -0.6
- Positive pairs
- 30.3%
- Strong positive (≥0.7)
- 4.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 673 | 9.9% | |
| -0.8 to -0.7 | 672 | 9.9% | |
| -0.7 to -0.6 | 862 | 12.7% | |
| -0.6 to -0.5 | 861 | 12.7% | |
| -0.5 to -0.4 | 408 | 6.0% | |
| -0.4 to -0.3 | 407 | 6.0% | |
| -0.3 to -0.2 | 307 | 4.5% | |
| -0.2 to -0.1 | 306 | 4.5% | |
| -0.1 to 0.0 | 245 | 3.6% | |
| 0.0 to 0.1 | 244 | 3.6% | |
| 0.1 to 0.2 | 226 | 3.3% | |
| 0.2 to 0.3 | 225 | 3.3% | |
| 0.3 to 0.4 | 260 | 3.8% | |
| 0.4 to 0.5 | 259 | 3.8% | |
| 0.5 to 0.6 | 267 | 3.9% | |
| 0.6 to 0.7 | 267 | 3.9% | |
| 0.7 to 0.8 | 158 | 2.3% | |
| 0.8 to 0.9 | 158 | 2.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of TTE?
TotalEnergies SE (TTE) has an average correlation of about -0.248 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is TTE positively correlated with other stocks?
Not predominantly — 30.3% of pairs are positive and 69.7% are negative. Strong positive correlations (≥0.7) make up 4.6%.
What is the most common correlation range for TTE?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 22.8% of all pairs.
Explore the full interactive correlation distribution for TTE.
Open interactive dashboard →