Boqii Holding Limited American Depositary Shares (each representing fifteen (150) Class A Ordinary Shares) (BQ) Correlation Distribution
Across 6,807 rolling correlation observations between Boqii Holding Limited American Depositary Shares (each representing fifteen (150) Class A Ordinary Shares) (BQ) and other NASDAQ-listed stocks, 66.6% are positive and 33.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.267, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.8% and strong negative correlations (≤−0.7) for 4.2%.
- Total observations
- 6,807
- Mean correlation
- 0.267
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.6%
- Strong positive (≥0.7)
- 31.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 141 | 2.1% | |
| -0.8 to -0.7 | 141 | 2.1% | |
| -0.7 to -0.6 | 325 | 4.8% | |
| -0.6 to -0.5 | 325 | 4.8% | |
| -0.5 to -0.4 | 327 | 4.8% | |
| -0.4 to -0.3 | 326 | 4.8% | |
| -0.3 to -0.2 | 230 | 3.4% | |
| -0.2 to -0.1 | 230 | 3.4% | |
| -0.1 to 0.0 | 226 | 3.3% | |
| 0.0 to 0.1 | 226 | 3.3% | |
| 0.1 to 0.2 | 239 | 3.5% | |
| 0.2 to 0.3 | 239 | 3.5% | |
| 0.3 to 0.4 | 319 | 4.7% | |
| 0.4 to 0.5 | 319 | 4.7% | |
| 0.5 to 0.6 | 514 | 7.6% | |
| 0.6 to 0.7 | 514 | 7.6% | |
| 0.7 to 0.8 | 787 | 11.6% | |
| 0.8 to 0.9 | 787 | 11.6% | |
| 0.9 to 1.0 | 591 | 8.7% |
Frequently asked questions
What is the average correlation of BQ?
Boqii Holding Limited American Depositary Shares (each representing fifteen (150) Class A Ordinary Shares) (BQ) has an average correlation of about 0.267 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is BQ positively correlated with other stocks?
Mostly yes — 66.6% of pairs are positive and 33.4% are negative. Strong positive correlations (≥0.7) make up 31.8%.
What is the most common correlation range for BQ?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.4% of all pairs.
Explore the full interactive correlation distribution for BQ.
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