BK Technologies Corporation (BKTI) Correlation Distribution
Across 6,808 rolling correlation observations between BK Technologies Corporation (BKTI) and other NASDAQ-listed stocks, 47.9% are positive and 52.1% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.032, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 4.2% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,808
- Mean correlation
- 0.032
- Most common range
- -0.3 to -0.2
- Positive pairs
- 47.9%
- Strong positive (≥0.7)
- 4.2%
- Sector
- Radio & Tv Broadcasting & Communications Equipment
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 29 | 0.4% | |
| -0.8 to -0.7 | 28 | 0.4% | |
| -0.7 to -0.6 | 154 | 2.3% | |
| -0.6 to -0.5 | 154 | 2.3% | |
| -0.5 to -0.4 | 500 | 7.3% | |
| -0.4 to -0.3 | 499 | 7.3% | |
| -0.3 to -0.2 | 776 | 11.4% | |
| -0.2 to -0.1 | 775 | 11.4% | |
| -0.1 to 0.0 | 633 | 9.3% | |
| 0.0 to 0.1 | 632 | 9.3% | |
| 0.1 to 0.2 | 404 | 5.9% | |
| 0.2 to 0.3 | 404 | 5.9% | |
| 0.3 to 0.4 | 391 | 5.7% | |
| 0.4 to 0.5 | 391 | 5.7% | |
| 0.5 to 0.6 | 375 | 5.5% | |
| 0.6 to 0.7 | 374 | 5.5% | |
| 0.7 to 0.8 | 139 | 2.0% | |
| 0.8 to 0.9 | 139 | 2.0% | |
| 0.9 to 1.0 | 11 | 0.2% |
Frequently asked questions
What is the average correlation of BKTI?
BK Technologies Corporation (BKTI) has an average correlation of about 0.032 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is BKTI positively correlated with other stocks?
Not predominantly — 47.9% of pairs are positive and 52.1% are negative. Strong positive correlations (≥0.7) make up 4.2%.
What is the most common correlation range for BKTI?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 53.2% of all pairs.
Explore the full interactive correlation distribution for BKTI.
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