bioAffinity Technologies, Inc. Common Stock (BIAF) Correlation Distribution
Across 6,565 rolling correlation observations between bioAffinity Technologies, Inc. Common Stock (BIAF) and other NASDAQ-listed stocks, 56.8% are positive and 43.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.082, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3.8% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,565
- Mean correlation
- 0.082
- Most common range
- 0.5 to 0.6
- Positive pairs
- 56.8%
- Strong positive (≥0.7)
- 3.8%
- Sector
- Services-Commercial Physical & Biological Research
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 18 | 0.3% | |
| -0.8 to -0.7 | 18 | 0.3% | |
| -0.7 to -0.6 | 387 | 5.9% | |
| -0.6 to -0.5 | 386 | 5.9% | |
| -0.5 to -0.4 | 469 | 7.1% | |
| -0.4 to -0.3 | 469 | 7.1% | |
| -0.3 to -0.2 | 375 | 5.7% | |
| -0.2 to -0.1 | 375 | 5.7% | |
| -0.1 to 0.0 | 340 | 5.2% | |
| 0.0 to 0.1 | 339 | 5.2% | |
| 0.1 to 0.2 | 403 | 6.1% | |
| 0.2 to 0.3 | 403 | 6.1% | |
| 0.3 to 0.4 | 512 | 7.8% | |
| 0.4 to 0.5 | 511 | 7.8% | |
| 0.5 to 0.6 | 657 | 10.0% | |
| 0.6 to 0.7 | 656 | 10.0% | |
| 0.7 to 0.8 | 124 | 1.9% | |
| 0.8 to 0.9 | 123 | 1.9% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BIAF?
bioAffinity Technologies, Inc. Common Stock (BIAF) has an average correlation of about 0.082 with other NASDAQ stocks, based on 6,565 pairwise observations.
Is BIAF positively correlated with other stocks?
Mostly yes — 56.8% of pairs are positive and 43.2% are negative. Strong positive correlations (≥0.7) make up 3.8%.
What is the most common correlation range for BIAF?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 34% of all pairs.
Explore the full interactive correlation distribution for BIAF.
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