Ark Restaurants Corp (ARKR) Correlation Distribution
Across 6,800 rolling correlation observations between Ark Restaurants Corp (ARKR) and other NASDAQ-listed stocks, 63.3% are positive and 36.7% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.11, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.7% and strong negative correlations (≤−0.7) for 2.9%.
- Total observations
- 6,800
- Mean correlation
- 0.11
- Most common range
- 0.1 to 0.2
- Positive pairs
- 63.3%
- Strong positive (≥0.7)
- 4.7%
- Sector
- Retail-Eating Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 11 | 0.2% | |
| -0.9 to -0.8 | 94 | 1.4% | |
| -0.8 to -0.7 | 94 | 1.4% | |
| -0.7 to -0.6 | 193 | 2.8% | |
| -0.6 to -0.5 | 193 | 2.8% | |
| -0.5 to -0.4 | 323 | 4.8% | |
| -0.4 to -0.3 | 322 | 4.7% | |
| -0.3 to -0.2 | 380 | 5.6% | |
| -0.2 to -0.1 | 379 | 5.6% | |
| -0.1 to 0.0 | 504 | 7.4% | |
| 0.0 to 0.1 | 504 | 7.4% | |
| 0.1 to 0.2 | 676 | 9.9% | |
| 0.2 to 0.3 | 676 | 9.9% | |
| 0.3 to 0.4 | 643 | 9.5% | |
| 0.4 to 0.5 | 643 | 9.5% | |
| 0.5 to 0.6 | 424 | 6.2% | |
| 0.6 to 0.7 | 424 | 6.2% | |
| 0.7 to 0.8 | 156 | 2.3% | |
| 0.8 to 0.9 | 156 | 2.3% | |
| 0.9 to 1.0 | 5 | 0.1% |
Frequently asked questions
What is the average correlation of ARKR?
Ark Restaurants Corp (ARKR) has an average correlation of about 0.11 with other NASDAQ stocks, based on 6,800 pairwise observations.
Is ARKR positively correlated with other stocks?
Mostly yes — 63.3% of pairs are positive and 36.7% are negative. Strong positive correlations (≥0.7) make up 4.7%.
What is the most common correlation range for ARKR?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 45.9% of all pairs.
Explore the full interactive correlation distribution for ARKR.
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