BIOC (BIOC) Correlation Distribution
Across 6,350 rolling correlation observations between BIOC (BIOC) and other NASDAQ-listed stocks, 66.7% are positive and 33.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.264, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 37.8% and strong negative correlations (≤−0.7) for 10.8%.
- Total observations
- 6,350
- Mean correlation
- 0.264
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.7%
- Strong positive (≥0.7)
- 37.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 35 | 0.6% | |
| -0.9 to -0.8 | 326 | 5.1% | |
| -0.8 to -0.7 | 325 | 5.1% | |
| -0.7 to -0.6 | 224 | 3.5% | |
| -0.6 to -0.5 | 224 | 3.5% | |
| -0.5 to -0.4 | 200 | 3.1% | |
| -0.4 to -0.3 | 200 | 3.1% | |
| -0.3 to -0.2 | 190 | 3.0% | |
| -0.2 to -0.1 | 190 | 3.0% | |
| -0.1 to 0.0 | 203 | 3.2% | |
| 0.0 to 0.1 | 203 | 3.2% | |
| 0.1 to 0.2 | 200 | 3.1% | |
| 0.2 to 0.3 | 199 | 3.1% | |
| 0.3 to 0.4 | 245 | 3.9% | |
| 0.4 to 0.5 | 245 | 3.9% | |
| 0.5 to 0.6 | 370 | 5.8% | |
| 0.6 to 0.7 | 369 | 5.8% | |
| 0.7 to 0.8 | 879 | 13.8% | |
| 0.8 to 0.9 | 878 | 13.8% | |
| 0.9 to 1.0 | 645 | 10.2% |
Frequently asked questions
What is the average correlation of BIOC?
BIOC (BIOC) has an average correlation of about 0.264 with other NASDAQ stocks, based on 6,350 pairwise observations.
Is BIOC positively correlated with other stocks?
Mostly yes — 66.7% of pairs are positive and 33.3% are negative. Strong positive correlations (≥0.7) make up 37.8%.
What is the most common correlation range for BIOC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.7% of all pairs.
Explore the full interactive correlation distribution for BIOC.
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