Wd-40 Co (WDFC) Correlation Distribution
Across 6,809 rolling correlation observations between Wd-40 Co (WDFC) and other NASDAQ-listed stocks, 71.9% are positive and 28.1% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.172, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.1% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,809
- Mean correlation
- 0.172
- Most common range
- 0.3 to 0.4
- Positive pairs
- 71.9%
- Strong positive (≥0.7)
- 4.1%
- Sector
- Miscellaneous Chemical Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 53 | 0.8% | |
| -0.8 to -0.7 | 53 | 0.8% | |
| -0.7 to -0.6 | 125 | 1.8% | |
| -0.6 to -0.5 | 125 | 1.8% | |
| -0.5 to -0.4 | 199 | 2.9% | |
| -0.4 to -0.3 | 199 | 2.9% | |
| -0.3 to -0.2 | 325 | 4.8% | |
| -0.2 to -0.1 | 325 | 4.8% | |
| -0.1 to 0.0 | 508 | 7.5% | |
| 0.0 to 0.1 | 508 | 7.5% | |
| 0.1 to 0.2 | 808 | 11.9% | |
| 0.2 to 0.3 | 807 | 11.9% | |
| 0.3 to 0.4 | 864 | 12.7% | |
| 0.4 to 0.5 | 863 | 12.7% | |
| 0.5 to 0.6 | 383 | 5.6% | |
| 0.6 to 0.7 | 383 | 5.6% | |
| 0.7 to 0.8 | 141 | 2.1% | |
| 0.8 to 0.9 | 140 | 2.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of WDFC?
Wd-40 Co (WDFC) has an average correlation of about 0.172 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is WDFC positively correlated with other stocks?
Mostly yes — 71.9% of pairs are positive and 28.1% are negative. Strong positive correlations (≥0.7) make up 4.1%.
What is the most common correlation range for WDFC?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 48.2% of all pairs.
Explore the full interactive correlation distribution for WDFC.
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