IMAC HOLDINGS INC (BACK) Correlation Distribution
Across 6,609 rolling correlation observations between IMAC HOLDINGS INC (BACK) and other NASDAQ-listed stocks, 57.1% are positive and 42.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.13, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 22.7% and strong negative correlations (≤−0.7) for 5.1%.
- Total observations
- 6,609
- Mean correlation
- 0.13
- Most common range
- 0.7 to 0.8
- Positive pairs
- 57.1%
- Strong positive (≥0.7)
- 22.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 168 | 2.5% | |
| -0.8 to -0.7 | 168 | 2.5% | |
| -0.7 to -0.6 | 479 | 7.2% | |
| -0.6 to -0.5 | 478 | 7.2% | |
| -0.5 to -0.4 | 369 | 5.6% | |
| -0.4 to -0.3 | 368 | 5.6% | |
| -0.3 to -0.2 | 262 | 4.0% | |
| -0.2 to -0.1 | 262 | 4.0% | |
| -0.1 to 0.0 | 280 | 4.2% | |
| 0.0 to 0.1 | 279 | 4.2% | |
| 0.1 to 0.2 | 276 | 4.2% | |
| 0.2 to 0.3 | 276 | 4.2% | |
| 0.3 to 0.4 | 312 | 4.7% | |
| 0.4 to 0.5 | 311 | 4.7% | |
| 0.5 to 0.6 | 411 | 6.2% | |
| 0.6 to 0.7 | 411 | 6.2% | |
| 0.7 to 0.8 | 586 | 8.9% | |
| 0.8 to 0.9 | 586 | 8.9% | |
| 0.9 to 1.0 | 327 | 4.9% |
Frequently asked questions
What is the average correlation of BACK?
IMAC HOLDINGS INC (BACK) has an average correlation of about 0.13 with other NASDAQ stocks, based on 6,609 pairwise observations.
Is BACK positively correlated with other stocks?
Mostly yes — 57.1% of pairs are positive and 42.9% are negative. Strong positive correlations (≥0.7) make up 22.7%.
What is the most common correlation range for BACK?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.
Explore the full interactive correlation distribution for BACK.
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