Blade Air Mobility, Inc. Warrants (BLDEW) Correlation Distribution
Across 6,771 rolling correlation observations between Blade Air Mobility, Inc. Warrants (BLDEW) and other NASDAQ-listed stocks, 72% are positive and 28% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.344, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 42.4% and strong negative correlations (≤−0.7) for 4.5%.
- Total observations
- 6,771
- Mean correlation
- 0.344
- Most common range
- 0.7 to 0.8
- Positive pairs
- 72%
- Strong positive (≥0.7)
- 42.4%
- Sector
- Air Transportation, Nonscheduled
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 154 | 2.3% | |
| -0.8 to -0.7 | 153 | 2.3% | |
| -0.7 to -0.6 | 292 | 4.3% | |
| -0.6 to -0.5 | 291 | 4.3% | |
| -0.5 to -0.4 | 232 | 3.4% | |
| -0.4 to -0.3 | 232 | 3.4% | |
| -0.3 to -0.2 | 179 | 2.6% | |
| -0.2 to -0.1 | 179 | 2.6% | |
| -0.1 to 0.0 | 187 | 2.8% | |
| 0.0 to 0.1 | 187 | 2.8% | |
| 0.1 to 0.2 | 204 | 3.0% | |
| 0.2 to 0.3 | 204 | 3.0% | |
| 0.3 to 0.4 | 278 | 4.1% | |
| 0.4 to 0.5 | 277 | 4.1% | |
| 0.5 to 0.6 | 426 | 6.3% | |
| 0.6 to 0.7 | 426 | 6.3% | |
| 0.7 to 0.8 | 1,189 | 17.6% | |
| 0.8 to 0.9 | 1,188 | 17.5% | |
| 0.9 to 1.0 | 493 | 7.3% |
Frequently asked questions
What is the average correlation of BLDEW?
Blade Air Mobility, Inc. Warrants (BLDEW) has an average correlation of about 0.344 with other NASDAQ stocks, based on 6,771 pairwise observations.
Is BLDEW positively correlated with other stocks?
Mostly yes — 72% of pairs are positive and 28% are negative. Strong positive correlations (≥0.7) make up 42.4%.
What is the most common correlation range for BLDEW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.8% of all pairs.
Explore the full interactive correlation distribution for BLDEW.
Open interactive dashboard →