Bit Origin Limited Class A Ordinary Shares (BTOG) Correlation Distribution
Across 6,755 rolling correlation observations between Bit Origin Limited Class A Ordinary Shares (BTOG) and other NASDAQ-listed stocks, 65% are positive and 35% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.241, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.4% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,755
- Mean correlation
- 0.241
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65%
- Strong positive (≥0.7)
- 27.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 64 | 0.9% | |
| -0.8 to -0.7 | 63 | 0.9% | |
| -0.7 to -0.6 | 353 | 5.2% | |
| -0.6 to -0.5 | 352 | 5.2% | |
| -0.5 to -0.4 | 371 | 5.5% | |
| -0.4 to -0.3 | 371 | 5.5% | |
| -0.3 to -0.2 | 271 | 4.0% | |
| -0.2 to -0.1 | 271 | 4.0% | |
| -0.1 to 0.0 | 246 | 3.6% | |
| 0.0 to 0.1 | 246 | 3.6% | |
| 0.1 to 0.2 | 274 | 4.1% | |
| 0.2 to 0.3 | 273 | 4.0% | |
| 0.3 to 0.4 | 360 | 5.3% | |
| 0.4 to 0.5 | 360 | 5.3% | |
| 0.5 to 0.6 | 514 | 7.6% | |
| 0.6 to 0.7 | 513 | 7.6% | |
| 0.7 to 0.8 | 726 | 10.7% | |
| 0.8 to 0.9 | 726 | 10.7% | |
| 0.9 to 1.0 | 401 | 5.9% |
Frequently asked questions
What is the average correlation of BTOG?
Bit Origin Limited Class A Ordinary Shares (BTOG) has an average correlation of about 0.241 with other NASDAQ stocks, based on 6,755 pairwise observations.
Is BTOG positively correlated with other stocks?
Mostly yes — 65% of pairs are positive and 35% are negative. Strong positive correlations (≥0.7) make up 27.4%.
What is the most common correlation range for BTOG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.4% of all pairs.
Explore the full interactive correlation distribution for BTOG.
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