TETRA Technologies, Inc. (TTI) Correlation Distribution
Across 6,809 rolling correlation observations between TETRA Technologies, Inc. (TTI) and other NASDAQ-listed stocks, 42.2% are positive and 57.8% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.06, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 2.3%.
- Total observations
- 6,809
- Mean correlation
- -0.06
- Most common range
- -0.3 to -0.2
- Positive pairs
- 42.2%
- Strong positive (≥0.7)
- 2.2%
- Sector
- Crude Petroleum & Natural Gas
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 78 | 1.1% | |
| -0.8 to -0.7 | 78 | 1.1% | |
| -0.7 to -0.6 | 412 | 6.1% | |
| -0.6 to -0.5 | 412 | 6.1% | |
| -0.5 to -0.4 | 585 | 8.6% | |
| -0.4 to -0.3 | 584 | 8.6% | |
| -0.3 to -0.2 | 639 | 9.4% | |
| -0.2 to -0.1 | 639 | 9.4% | |
| -0.1 to 0.0 | 507 | 7.4% | |
| 0.0 to 0.1 | 507 | 7.4% | |
| 0.1 to 0.2 | 430 | 6.3% | |
| 0.2 to 0.3 | 429 | 6.3% | |
| 0.3 to 0.4 | 424 | 6.2% | |
| 0.4 to 0.5 | 423 | 6.2% | |
| 0.5 to 0.6 | 257 | 3.8% | |
| 0.6 to 0.7 | 256 | 3.8% | |
| 0.7 to 0.8 | 74 | 1.1% | |
| 0.8 to 0.9 | 73 | 1.1% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of TTI?
TETRA Technologies, Inc. (TTI) has an average correlation of about -0.06 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TTI positively correlated with other stocks?
Not predominantly — 42.2% of pairs are positive and 57.8% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for TTI?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 46.3% of all pairs.
Explore the full interactive correlation distribution for TTI.
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