Ainos, Inc. Warrants (AIMDW) Correlation Distribution
Across 5,761 rolling correlation observations between Ainos, Inc. Warrants (AIMDW) and other NASDAQ-listed stocks, 53.8% are positive and 46.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.06, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.1% and strong negative correlations (≤−0.7) for 8.3%.
- Total observations
- 5,761
- Mean correlation
- 0.06
- Most common range
- 0.7 to 0.8
- Positive pairs
- 53.8%
- Strong positive (≥0.7)
- 16.1%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 239 | 4.1% | |
| -0.8 to -0.7 | 238 | 4.1% | |
| -0.7 to -0.6 | 438 | 7.6% | |
| -0.6 to -0.5 | 437 | 7.6% | |
| -0.5 to -0.4 | 296 | 5.1% | |
| -0.4 to -0.3 | 296 | 5.1% | |
| -0.3 to -0.2 | 235 | 4.1% | |
| -0.2 to -0.1 | 235 | 4.1% | |
| -0.1 to 0.0 | 249 | 4.3% | |
| 0.0 to 0.1 | 248 | 4.3% | |
| 0.1 to 0.2 | 241 | 4.2% | |
| 0.2 to 0.3 | 241 | 4.2% | |
| 0.3 to 0.4 | 300 | 5.2% | |
| 0.4 to 0.5 | 299 | 5.2% | |
| 0.5 to 0.6 | 421 | 7.3% | |
| 0.6 to 0.7 | 420 | 7.3% | |
| 0.7 to 0.8 | 464 | 8.1% | |
| 0.8 to 0.9 | 464 | 8.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of AIMDW?
Ainos, Inc. Warrants (AIMDW) has an average correlation of about 0.06 with other NASDAQ stocks, based on 5,761 pairwise observations.
Is AIMDW positively correlated with other stocks?
Mostly yes — 53.8% of pairs are positive and 46.2% are negative. Strong positive correlations (≥0.7) make up 16.1%.
What is the most common correlation range for AIMDW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.2% of all pairs.
Explore the full interactive correlation distribution for AIMDW.
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