Vulcan Materials Company(Holding Company) (VMC) Correlation Distribution
Across 6,809 rolling correlation observations between Vulcan Materials Company(Holding Company) (VMC) and other NASDAQ-listed stocks, 41.6% are positive and 58.4% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.042, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.3% and strong negative correlations (≤−0.7) for 6.3%.
- Total observations
- 6,809
- Mean correlation
- -0.042
- Most common range
- -0.7 to -0.6
- Positive pairs
- 41.6%
- Strong positive (≥0.7)
- 16.3%
- Sector
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 215 | 3.2% | |
| -0.8 to -0.7 | 215 | 3.2% | |
| -0.7 to -0.6 | 721 | 10.6% | |
| -0.6 to -0.5 | 720 | 10.6% | |
| -0.5 to -0.4 | 585 | 8.6% | |
| -0.4 to -0.3 | 585 | 8.6% | |
| -0.3 to -0.2 | 340 | 5.0% | |
| -0.2 to -0.1 | 340 | 5.0% | |
| -0.1 to 0.0 | 252 | 3.7% | |
| 0.0 to 0.1 | 252 | 3.7% | |
| 0.1 to 0.2 | 231 | 3.4% | |
| 0.2 to 0.3 | 230 | 3.4% | |
| 0.3 to 0.4 | 222 | 3.3% | |
| 0.4 to 0.5 | 222 | 3.3% | |
| 0.5 to 0.6 | 285 | 4.2% | |
| 0.6 to 0.7 | 285 | 4.2% | |
| 0.7 to 0.8 | 455 | 6.7% | |
| 0.8 to 0.9 | 454 | 6.7% | |
| 0.9 to 1.0 | 199 | 2.9% |
Frequently asked questions
What is the average correlation of VMC?
Vulcan Materials Company(Holding Company) (VMC) has an average correlation of about -0.042 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is VMC positively correlated with other stocks?
Not predominantly — 41.6% of pairs are positive and 58.4% are negative. Strong positive correlations (≥0.7) make up 16.3%.
What is the most common correlation range for VMC?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 24.2% of all pairs.
Explore the full interactive correlation distribution for VMC.
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