Cibus, Inc. Class A Common Stock (CBUS) Correlation Distribution
Across 5,997 rolling correlation observations between Cibus, Inc. Class A Common Stock (CBUS) and other NASDAQ-listed stocks, 49.1% are positive and 50.9% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.016, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.5% and strong negative correlations (≤−0.7) for 18.8%.
- Total observations
- 5,997
- Mean correlation
- -0.016
- Most common range
- -0.9 to -0.8
- Positive pairs
- 49.1%
- Strong positive (≥0.7)
- 15.5%
- Sector
- Agricultural Chemicals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 10 | 0.2% | |
| -0.9 to -0.8 | 559 | 9.3% | |
| -0.8 to -0.7 | 558 | 9.3% | |
| -0.7 to -0.6 | 391 | 6.5% | |
| -0.6 to -0.5 | 390 | 6.5% | |
| -0.5 to -0.4 | 254 | 4.2% | |
| -0.4 to -0.3 | 253 | 4.2% | |
| -0.3 to -0.2 | 221 | 3.7% | |
| -0.2 to -0.1 | 221 | 3.7% | |
| -0.1 to 0.0 | 197 | 3.3% | |
| 0.0 to 0.1 | 197 | 3.3% | |
| 0.1 to 0.2 | 200 | 3.3% | |
| 0.2 to 0.3 | 199 | 3.3% | |
| 0.3 to 0.4 | 271 | 4.5% | |
| 0.4 to 0.5 | 271 | 4.5% | |
| 0.5 to 0.6 | 439 | 7.3% | |
| 0.6 to 0.7 | 439 | 7.3% | |
| 0.7 to 0.8 | 449 | 7.5% | |
| 0.8 to 0.9 | 448 | 7.5% | |
| 0.9 to 1.0 | 30 | 0.5% |
Frequently asked questions
What is the average correlation of CBUS?
Cibus, Inc. Class A Common Stock (CBUS) has an average correlation of about -0.016 with other NASDAQ stocks, based on 5,997 pairwise observations.
Is CBUS positively correlated with other stocks?
Not predominantly — 49.1% of pairs are positive and 50.9% are negative. Strong positive correlations (≥0.7) make up 15.5%.
What is the most common correlation range for CBUS?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 20.6% of all pairs.
Explore the full interactive correlation distribution for CBUS.
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