BioRestorative Therapies, Inc. Common Stock (NV) (BRTX) Correlation Distribution
Across 6,796 rolling correlation observations between BioRestorative Therapies, Inc. Common Stock (NV) (BRTX) and other NASDAQ-listed stocks, 65.7% are positive and 34.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.203, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17% and strong negative correlations (≤−0.7) for 3.4%.
- Total observations
- 6,796
- Mean correlation
- 0.203
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.7%
- Strong positive (≥0.7)
- 17%
- Sector
- Services-Misc Health & Allied Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 116 | 1.7% | |
| -0.8 to -0.7 | 115 | 1.7% | |
| -0.7 to -0.6 | 386 | 5.7% | |
| -0.6 to -0.5 | 385 | 5.7% | |
| -0.5 to -0.4 | 299 | 4.4% | |
| -0.4 to -0.3 | 299 | 4.4% | |
| -0.3 to -0.2 | 250 | 3.7% | |
| -0.2 to -0.1 | 249 | 3.7% | |
| -0.1 to 0.0 | 233 | 3.4% | |
| 0.0 to 0.1 | 232 | 3.4% | |
| 0.1 to 0.2 | 291 | 4.3% | |
| 0.2 to 0.3 | 290 | 4.3% | |
| 0.3 to 0.4 | 427 | 6.3% | |
| 0.4 to 0.5 | 426 | 6.3% | |
| 0.5 to 0.6 | 820 | 12.1% | |
| 0.6 to 0.7 | 820 | 12.1% | |
| 0.7 to 0.8 | 579 | 8.5% | |
| 0.8 to 0.9 | 578 | 8.5% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of BRTX?
BioRestorative Therapies, Inc. Common Stock (NV) (BRTX) has an average correlation of about 0.203 with other NASDAQ stocks, based on 6,796 pairwise observations.
Is BRTX positively correlated with other stocks?
Mostly yes — 65.7% of pairs are positive and 34.3% are negative. Strong positive correlations (≥0.7) make up 17%.
What is the most common correlation range for BRTX?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 22.7% of all pairs.
Explore the full interactive correlation distribution for BRTX.
Open interactive dashboard →