Ainos, Inc. Common Stock (AIMD) Correlation Distribution
Across 6,764 rolling correlation observations between Ainos, Inc. Common Stock (AIMD) and other NASDAQ-listed stocks, 66.2% are positive and 33.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.245, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 25.2% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,764
- Mean correlation
- 0.245
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.2%
- Strong positive (≥0.7)
- 25.2%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 53 | 0.8% | |
| -0.8 to -0.7 | 52 | 0.8% | |
| -0.7 to -0.6 | 296 | 4.4% | |
| -0.6 to -0.5 | 296 | 4.4% | |
| -0.5 to -0.4 | 394 | 5.8% | |
| -0.4 to -0.3 | 394 | 5.8% | |
| -0.3 to -0.2 | 274 | 4.1% | |
| -0.2 to -0.1 | 274 | 4.1% | |
| -0.1 to 0.0 | 251 | 3.7% | |
| 0.0 to 0.1 | 250 | 3.7% | |
| 0.1 to 0.2 | 255 | 3.8% | |
| 0.2 to 0.3 | 254 | 3.8% | |
| 0.3 to 0.4 | 388 | 5.7% | |
| 0.4 to 0.5 | 388 | 5.7% | |
| 0.5 to 0.6 | 619 | 9.2% | |
| 0.6 to 0.7 | 618 | 9.1% | |
| 0.7 to 0.8 | 841 | 12.4% | |
| 0.8 to 0.9 | 840 | 12.4% | |
| 0.9 to 1.0 | 25 | 0.4% |
Frequently asked questions
What is the average correlation of AIMD?
Ainos, Inc. Common Stock (AIMD) has an average correlation of about 0.245 with other NASDAQ stocks, based on 6,764 pairwise observations.
Is AIMD positively correlated with other stocks?
Mostly yes — 66.2% of pairs are positive and 33.8% are negative. Strong positive correlations (≥0.7) make up 25.2%.
What is the most common correlation range for AIMD?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23% of all pairs.
Explore the full interactive correlation distribution for AIMD.
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