Actelis Networks, Inc. Common Stock (ASNS) Correlation Distribution
Across 6,696 rolling correlation observations between Actelis Networks, Inc. Common Stock (ASNS) and other NASDAQ-listed stocks, 58.9% are positive and 41.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.153, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 23.7% and strong negative correlations (≤−0.7) for 5.8%.
- Total observations
- 6,696
- Mean correlation
- 0.153
- Most common range
- 0.7 to 0.8
- Positive pairs
- 58.9%
- Strong positive (≥0.7)
- 23.7%
- Sector
- Communications Equipment, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 194 | 2.9% | |
| -0.8 to -0.7 | 194 | 2.9% | |
| -0.7 to -0.6 | 415 | 6.2% | |
| -0.6 to -0.5 | 414 | 6.2% | |
| -0.5 to -0.4 | 355 | 5.3% | |
| -0.4 to -0.3 | 354 | 5.3% | |
| -0.3 to -0.2 | 271 | 4.0% | |
| -0.2 to -0.1 | 271 | 4.0% | |
| -0.1 to 0.0 | 283 | 4.2% | |
| 0.0 to 0.1 | 282 | 4.2% | |
| 0.1 to 0.2 | 260 | 3.9% | |
| 0.2 to 0.3 | 260 | 3.9% | |
| 0.3 to 0.4 | 353 | 5.3% | |
| 0.4 to 0.5 | 353 | 5.3% | |
| 0.5 to 0.6 | 424 | 6.3% | |
| 0.6 to 0.7 | 423 | 6.3% | |
| 0.7 to 0.8 | 584 | 8.7% | |
| 0.8 to 0.9 | 583 | 8.7% | |
| 0.9 to 1.0 | 421 | 6.3% |
Frequently asked questions
What is the average correlation of ASNS?
Actelis Networks, Inc. Common Stock (ASNS) has an average correlation of about 0.153 with other NASDAQ stocks, based on 6,696 pairwise observations.
Is ASNS positively correlated with other stocks?
Mostly yes — 58.9% of pairs are positive and 41.1% are negative. Strong positive correlations (≥0.7) make up 23.7%.
What is the most common correlation range for ASNS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.3% of all pairs.
Explore the full interactive correlation distribution for ASNS.
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