ATHENA TECH ACQ CP II A (ATEK) Correlation Distribution
Across 6,396 rolling correlation observations between ATHENA TECH ACQ CP II A (ATEK) and other NASDAQ-listed stocks, 40.7% are positive and 59.3% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.075, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.6% and strong negative correlations (≤−0.7) for 3.3%.
- Total observations
- 6,396
- Mean correlation
- -0.075
- Most common range
- -0.5 to -0.4
- Positive pairs
- 40.7%
- Strong positive (≥0.7)
- 2.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 100 | 1.6% | |
| -0.8 to -0.7 | 99 | 1.5% | |
| -0.7 to -0.6 | 479 | 7.5% | |
| -0.6 to -0.5 | 478 | 7.5% | |
| -0.5 to -0.4 | 704 | 11.0% | |
| -0.4 to -0.3 | 703 | 11.0% | |
| -0.3 to -0.2 | 447 | 7.0% | |
| -0.2 to -0.1 | 447 | 7.0% | |
| -0.1 to 0.0 | 318 | 5.0% | |
| 0.0 to 0.1 | 317 | 5.0% | |
| 0.1 to 0.2 | 313 | 4.9% | |
| 0.2 to 0.3 | 312 | 4.9% | |
| 0.3 to 0.4 | 395 | 6.2% | |
| 0.4 to 0.5 | 395 | 6.2% | |
| 0.5 to 0.6 | 353 | 5.5% | |
| 0.6 to 0.7 | 352 | 5.5% | |
| 0.7 to 0.8 | 44 | 0.7% | |
| 0.8 to 0.9 | 43 | 0.7% | |
| 0.9 to 1.0 | 82 | 1.3% |
Frequently asked questions
What is the average correlation of ATEK?
ATHENA TECH ACQ CP II A (ATEK) has an average correlation of about -0.075 with other NASDAQ stocks, based on 6,396 pairwise observations.
Is ATEK positively correlated with other stocks?
Not predominantly — 40.7% of pairs are positive and 59.3% are negative. Strong positive correlations (≥0.7) make up 2.6%.
What is the most common correlation range for ATEK?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 33.7% of all pairs.
Explore the full interactive correlation distribution for ATEK.
Open interactive dashboard →