Asure Software, Inc (ASUR) Correlation Distribution
Across 6,809 rolling correlation observations between Asure Software, Inc (ASUR) and other NASDAQ-listed stocks, 40.3% are positive and 59.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.042, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.5% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,809
- Mean correlation
- -0.042
- Most common range
- -0.3 to -0.2
- Positive pairs
- 40.3%
- Strong positive (≥0.7)
- 0.5%
- Sector
- Services-Computer Integrated Systems Design
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 2 | 0.0% | |
| -0.7 to -0.6 | 68 | 1.0% | |
| -0.6 to -0.5 | 67 | 1.0% | |
| -0.5 to -0.4 | 586 | 8.6% | |
| -0.4 to -0.3 | 585 | 8.6% | |
| -0.3 to -0.2 | 1,101 | 16.2% | |
| -0.2 to -0.1 | 1,101 | 16.2% | |
| -0.1 to 0.0 | 555 | 8.2% | |
| 0.0 to 0.1 | 555 | 8.2% | |
| 0.1 to 0.2 | 563 | 8.3% | |
| 0.2 to 0.3 | 562 | 8.3% | |
| 0.3 to 0.4 | 411 | 6.0% | |
| 0.4 to 0.5 | 410 | 6.0% | |
| 0.5 to 0.6 | 103 | 1.5% | |
| 0.6 to 0.7 | 103 | 1.5% | |
| 0.7 to 0.8 | 18 | 0.3% | |
| 0.8 to 0.9 | 17 | 0.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ASUR?
Asure Software, Inc (ASUR) has an average correlation of about -0.042 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ASUR positively correlated with other stocks?
Not predominantly — 40.3% of pairs are positive and 59.7% are negative. Strong positive correlations (≥0.7) make up 0.5%.
What is the most common correlation range for ASUR?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 65.2% of all pairs.
Explore the full interactive correlation distribution for ASUR.
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