AERWINS TECHNOLOGIES WTS (AWINW) Correlation Distribution
Across 5,962 rolling correlation observations between AERWINS TECHNOLOGIES WTS (AWINW) and other NASDAQ-listed stocks, 54.5% are positive and 45.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.096, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 18.5% and strong negative correlations (≤−0.7) for 4.1%.
- Total observations
- 5,962
- Mean correlation
- 0.096
- Most common range
- 0.7 to 0.8
- Positive pairs
- 54.5%
- Strong positive (≥0.7)
- 18.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 123 | 2.1% | |
| -0.8 to -0.7 | 123 | 2.1% | |
| -0.7 to -0.6 | 438 | 7.3% | |
| -0.6 to -0.5 | 438 | 7.3% | |
| -0.5 to -0.4 | 339 | 5.7% | |
| -0.4 to -0.3 | 338 | 5.7% | |
| -0.3 to -0.2 | 315 | 5.3% | |
| -0.2 to -0.1 | 315 | 5.3% | |
| -0.1 to 0.0 | 284 | 4.8% | |
| 0.0 to 0.1 | 283 | 4.7% | |
| 0.1 to 0.2 | 268 | 4.5% | |
| 0.2 to 0.3 | 267 | 4.5% | |
| 0.3 to 0.4 | 276 | 4.6% | |
| 0.4 to 0.5 | 275 | 4.6% | |
| 0.5 to 0.6 | 389 | 6.5% | |
| 0.6 to 0.7 | 389 | 6.5% | |
| 0.7 to 0.8 | 490 | 8.2% | |
| 0.8 to 0.9 | 490 | 8.2% | |
| 0.9 to 1.0 | 122 | 2.0% |
Frequently asked questions
What is the average correlation of AWINW?
AERWINS TECHNOLOGIES WTS (AWINW) has an average correlation of about 0.096 with other NASDAQ stocks, based on 5,962 pairwise observations.
Is AWINW positively correlated with other stocks?
Mostly yes — 54.5% of pairs are positive and 45.5% are negative. Strong positive correlations (≥0.7) make up 18.5%.
What is the most common correlation range for AWINW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 29.1% of all pairs.
Explore the full interactive correlation distribution for AWINW.
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