Yum! Brands, Inc. (YUM) Correlation Distribution
Across 6,809 rolling correlation observations between Yum! Brands, Inc. (YUM) and other NASDAQ-listed stocks, 43.1% are positive and 56.9% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.035, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 9.2% and strong negative correlations (≤−0.7) for 4.3%.
- Total observations
- 6,809
- Mean correlation
- -0.035
- Most common range
- -0.5 to -0.4
- Positive pairs
- 43.1%
- Strong positive (≥0.7)
- 9.2%
- Sector
- Retail-Eating Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 147 | 2.2% | |
| -0.8 to -0.7 | 146 | 2.1% | |
| -0.7 to -0.6 | 584 | 8.6% | |
| -0.6 to -0.5 | 584 | 8.6% | |
| -0.5 to -0.4 | 606 | 8.9% | |
| -0.4 to -0.3 | 606 | 8.9% | |
| -0.3 to -0.2 | 444 | 6.5% | |
| -0.2 to -0.1 | 443 | 6.5% | |
| -0.1 to 0.0 | 316 | 4.6% | |
| 0.0 to 0.1 | 315 | 4.6% | |
| 0.1 to 0.2 | 263 | 3.9% | |
| 0.2 to 0.3 | 262 | 3.8% | |
| 0.3 to 0.4 | 309 | 4.5% | |
| 0.4 to 0.5 | 309 | 4.5% | |
| 0.5 to 0.6 | 426 | 6.3% | |
| 0.6 to 0.7 | 425 | 6.2% | |
| 0.7 to 0.8 | 312 | 4.6% | |
| 0.8 to 0.9 | 311 | 4.6% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of YUM?
Yum! Brands, Inc. (YUM) has an average correlation of about -0.035 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is YUM positively correlated with other stocks?
Not predominantly — 43.1% of pairs are positive and 56.9% are negative. Strong positive correlations (≥0.7) make up 9.2%.
What is the most common correlation range for YUM?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 30% of all pairs.
Explore the full interactive correlation distribution for YUM.
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