APPTECH PAYMENTS CORP WTS (APCXW) Correlation Distribution
Across 6,612 rolling correlation observations between APPTECH PAYMENTS CORP WTS (APCXW) and other NASDAQ-listed stocks, 40.6% are positive and 59.4% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.055, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.7% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,612
- Mean correlation
- -0.055
- Most common range
- -0.3 to -0.2
- Positive pairs
- 40.6%
- Strong positive (≥0.7)
- 0.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 11 | 0.2% | |
| -0.8 to -0.7 | 11 | 0.2% | |
| -0.7 to -0.6 | 175 | 2.6% | |
| -0.6 to -0.5 | 174 | 2.6% | |
| -0.5 to -0.4 | 600 | 9.1% | |
| -0.4 to -0.3 | 600 | 9.1% | |
| -0.3 to -0.2 | 802 | 12.1% | |
| -0.2 to -0.1 | 802 | 12.1% | |
| -0.1 to 0.0 | 752 | 11.4% | |
| 0.0 to 0.1 | 752 | 11.4% | |
| 0.1 to 0.2 | 483 | 7.3% | |
| 0.2 to 0.3 | 483 | 7.3% | |
| 0.3 to 0.4 | 304 | 4.6% | |
| 0.4 to 0.5 | 304 | 4.6% | |
| 0.5 to 0.6 | 155 | 2.3% | |
| 0.6 to 0.7 | 155 | 2.3% | |
| 0.7 to 0.8 | 25 | 0.4% | |
| 0.8 to 0.9 | 24 | 0.4% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of APCXW?
APPTECH PAYMENTS CORP WTS (APCXW) has an average correlation of about -0.055 with other NASDAQ stocks, based on 6,612 pairwise observations.
Is APCXW positively correlated with other stocks?
Not predominantly — 40.6% of pairs are positive and 59.4% are negative. Strong positive correlations (≥0.7) make up 0.7%.
What is the most common correlation range for APCXW?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 61.6% of all pairs.
Explore the full interactive correlation distribution for APCXW.
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