Analysis
This stock mode of correlation coefficient is 0.7.
In other words, the correlation coefficient of the other stocks is the many levels 0.7.
Kurtosis of the distribution of the correlation is -1.25, and skew is -0.42.
The stock are to be concentrated in the correlation coefficient 0.7 and The high correlation holds many stocks.
A correlation distribution belongs to B type. (Reference)
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company, is leading the charge to bring smart, connected solar energy to every home, business and community. The company delivers simple, innovative and reliable energy management solutions that advance the worldwide potential of renewable energy. Enphase has shipped approximately 10 million microinverters, and over 370,000 Enphase residential and commercial systems have been deployed in more than 95 countries. Join Enphase on LinkedIn and Twitter and visit www.enphase.com for more information.
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Source: Enphase Energy, Inc.
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