Celularity Inc. Class A Common Stock (CELU) Correlation Distribution
Across 6,804 rolling correlation observations between Celularity Inc. Class A Common Stock (CELU) and other NASDAQ-listed stocks, 70.1% are positive and 29.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.296, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.8% and strong negative correlations (≤−0.7) for 3%.
- Total observations
- 6,804
- Mean correlation
- 0.296
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.1%
- Strong positive (≥0.7)
- 31.8%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 103 | 1.5% | |
| -0.8 to -0.7 | 103 | 1.5% | |
| -0.7 to -0.6 | 331 | 4.9% | |
| -0.6 to -0.5 | 331 | 4.9% | |
| -0.5 to -0.4 | 266 | 3.9% | |
| -0.4 to -0.3 | 265 | 3.9% | |
| -0.3 to -0.2 | 214 | 3.1% | |
| -0.2 to -0.1 | 214 | 3.1% | |
| -0.1 to 0.0 | 209 | 3.1% | |
| 0.0 to 0.1 | 209 | 3.1% | |
| 0.1 to 0.2 | 237 | 3.5% | |
| 0.2 to 0.3 | 236 | 3.5% | |
| 0.3 to 0.4 | 285 | 4.2% | |
| 0.4 to 0.5 | 285 | 4.2% | |
| 0.5 to 0.6 | 675 | 9.9% | |
| 0.6 to 0.7 | 675 | 9.9% | |
| 0.7 to 0.8 | 1,053 | 15.5% | |
| 0.8 to 0.9 | 1,052 | 15.5% | |
| 0.9 to 1.0 | 60 | 0.9% |
Frequently asked questions
What is the average correlation of CELU?
Celularity Inc. Class A Common Stock (CELU) has an average correlation of about 0.296 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is CELU positively correlated with other stocks?
Mostly yes — 70.1% of pairs are positive and 29.9% are negative. Strong positive correlations (≥0.7) make up 31.8%.
What is the most common correlation range for CELU?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.4% of all pairs.
Explore the full interactive correlation distribution for CELU.
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