BNOX (BNOX) Correlation Distribution
Across 6,671 rolling correlation observations between BNOX (BNOX) and other NASDAQ-listed stocks, 66% are positive and 34% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.236, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.6% and strong negative correlations (≤−0.7) for 9%.
- Total observations
- 6,671
- Mean correlation
- 0.236
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66%
- Strong positive (≥0.7)
- 31.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 25 | 0.4% | |
| -0.9 to -0.8 | 287 | 4.3% | |
| -0.8 to -0.7 | 286 | 4.3% | |
| -0.7 to -0.6 | 302 | 4.5% | |
| -0.6 to -0.5 | 302 | 4.5% | |
| -0.5 to -0.4 | 249 | 3.7% | |
| -0.4 to -0.3 | 248 | 3.7% | |
| -0.3 to -0.2 | 188 | 2.8% | |
| -0.2 to -0.1 | 188 | 2.8% | |
| -0.1 to 0.0 | 194 | 2.9% | |
| 0.0 to 0.1 | 193 | 2.9% | |
| 0.1 to 0.2 | 229 | 3.4% | |
| 0.2 to 0.3 | 228 | 3.4% | |
| 0.3 to 0.4 | 318 | 4.8% | |
| 0.4 to 0.5 | 318 | 4.8% | |
| 0.5 to 0.6 | 506 | 7.6% | |
| 0.6 to 0.7 | 505 | 7.6% | |
| 0.7 to 0.8 | 872 | 13.1% | |
| 0.8 to 0.9 | 871 | 13.1% | |
| 0.9 to 1.0 | 362 | 5.4% |
Frequently asked questions
What is the average correlation of BNOX?
BNOX (BNOX) has an average correlation of about 0.236 with other NASDAQ stocks, based on 6,671 pairwise observations.
Is BNOX positively correlated with other stocks?
Mostly yes — 66% of pairs are positive and 34% are negative. Strong positive correlations (≥0.7) make up 31.6%.
What is the most common correlation range for BNOX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.3% of all pairs.
Explore the full interactive correlation distribution for BNOX.
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