Anghami Inc. Warrants (ANGHW) Correlation Distribution
Across 6,527 rolling correlation observations between Anghami Inc. Warrants (ANGHW) and other NASDAQ-listed stocks, 67.3% are positive and 32.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.279, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 30.2% and strong negative correlations (≤−0.7) for 1.3%.
- Total observations
- 6,527
- Mean correlation
- 0.279
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.3%
- Strong positive (≥0.7)
- 30.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 43 | 0.7% | |
| -0.8 to -0.7 | 42 | 0.6% | |
| -0.7 to -0.6 | 294 | 4.5% | |
| -0.6 to -0.5 | 294 | 4.5% | |
| -0.5 to -0.4 | 343 | 5.3% | |
| -0.4 to -0.3 | 343 | 5.3% | |
| -0.3 to -0.2 | 273 | 4.2% | |
| -0.2 to -0.1 | 272 | 4.2% | |
| -0.1 to 0.0 | 231 | 3.5% | |
| 0.0 to 0.1 | 230 | 3.5% | |
| 0.1 to 0.2 | 243 | 3.7% | |
| 0.2 to 0.3 | 243 | 3.7% | |
| 0.3 to 0.4 | 344 | 5.3% | |
| 0.4 to 0.5 | 343 | 5.3% | |
| 0.5 to 0.6 | 511 | 7.8% | |
| 0.6 to 0.7 | 510 | 7.8% | |
| 0.7 to 0.8 | 769 | 11.8% | |
| 0.8 to 0.9 | 769 | 11.8% | |
| 0.9 to 1.0 | 430 | 6.6% |
Frequently asked questions
What is the average correlation of ANGHW?
Anghami Inc. Warrants (ANGHW) has an average correlation of about 0.279 with other NASDAQ stocks, based on 6,527 pairwise observations.
Is ANGHW positively correlated with other stocks?
Mostly yes — 67.3% of pairs are positive and 32.7% are negative. Strong positive correlations (≥0.7) make up 30.2%.
What is the most common correlation range for ANGHW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.9% of all pairs.
Explore the full interactive correlation distribution for ANGHW.
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