BigBear.ai Holdings, Inc. (BBAI) Correlation Distribution
Across 6,791 rolling correlation observations between BigBear.ai Holdings, Inc. (BBAI) and other NASDAQ-listed stocks, 70.8% are positive and 29.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.23, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.6% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,791
- Mean correlation
- 0.23
- Most common range
- 0.5 to 0.6
- Positive pairs
- 70.8%
- Strong positive (≥0.7)
- 4.6%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 3 | 0.0% | |
| -0.8 to -0.7 | 2 | 0.0% | |
| -0.7 to -0.6 | 70 | 1.0% | |
| -0.6 to -0.5 | 69 | 1.0% | |
| -0.5 to -0.4 | 264 | 3.9% | |
| -0.4 to -0.3 | 264 | 3.9% | |
| -0.3 to -0.2 | 428 | 6.3% | |
| -0.2 to -0.1 | 428 | 6.3% | |
| -0.1 to 0.0 | 455 | 6.7% | |
| 0.0 to 0.1 | 454 | 6.7% | |
| 0.1 to 0.2 | 470 | 6.9% | |
| 0.2 to 0.3 | 469 | 6.9% | |
| 0.3 to 0.4 | 666 | 9.8% | |
| 0.4 to 0.5 | 665 | 9.8% | |
| 0.5 to 0.6 | 887 | 13.1% | |
| 0.6 to 0.7 | 887 | 13.1% | |
| 0.7 to 0.8 | 155 | 2.3% | |
| 0.8 to 0.9 | 155 | 2.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BBAI?
BigBear.ai Holdings, Inc. (BBAI) has an average correlation of about 0.23 with other NASDAQ stocks, based on 6,791 pairwise observations.
Is BBAI positively correlated with other stocks?
Mostly yes — 70.8% of pairs are positive and 29.2% are negative. Strong positive correlations (≥0.7) make up 4.6%.
What is the most common correlation range for BBAI?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 39.8% of all pairs.
Explore the full interactive correlation distribution for BBAI.
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