ChromaDex Corporation (CDXC) Correlation Distribution
Across 6,805 rolling correlation observations between ChromaDex Corporation (CDXC) and other NASDAQ-listed stocks, 71.6% are positive and 28.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.273, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 16.6% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,805
- Mean correlation
- 0.273
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.6%
- Strong positive (≥0.7)
- 16.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 22 | 0.3% | |
| -0.8 to -0.7 | 21 | 0.3% | |
| -0.7 to -0.6 | 153 | 2.2% | |
| -0.6 to -0.5 | 152 | 2.2% | |
| -0.5 to -0.4 | 253 | 3.7% | |
| -0.4 to -0.3 | 252 | 3.7% | |
| -0.3 to -0.2 | 350 | 5.1% | |
| -0.2 to -0.1 | 350 | 5.1% | |
| -0.1 to 0.0 | 381 | 5.6% | |
| 0.0 to 0.1 | 381 | 5.6% | |
| 0.1 to 0.2 | 395 | 5.8% | |
| 0.2 to 0.3 | 394 | 5.8% | |
| 0.3 to 0.4 | 502 | 7.4% | |
| 0.4 to 0.5 | 501 | 7.4% | |
| 0.5 to 0.6 | 783 | 11.5% | |
| 0.6 to 0.7 | 782 | 11.5% | |
| 0.7 to 0.8 | 528 | 7.8% | |
| 0.8 to 0.9 | 527 | 7.7% | |
| 0.9 to 1.0 | 78 | 1.1% |
Frequently asked questions
What is the average correlation of CDXC?
ChromaDex Corporation (CDXC) has an average correlation of about 0.273 with other NASDAQ stocks, based on 6,805 pairwise observations.
Is CDXC positively correlated with other stocks?
Mostly yes — 71.6% of pairs are positive and 28.4% are negative. Strong positive correlations (≥0.7) make up 16.6%.
What is the most common correlation range for CDXC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 33.1% of all pairs.
Explore the full interactive correlation distribution for CDXC.
Open interactive dashboard →