Celularity Inc. Warrant (CELUW) Correlation Distribution
Across 6,720 rolling correlation observations between Celularity Inc. Warrant (CELUW) and other NASDAQ-listed stocks, 71.4% are positive and 28.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.324, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 37.5% and strong negative correlations (≤−0.7) for 2.9%.
- Total observations
- 6,720
- Mean correlation
- 0.324
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.4%
- Strong positive (≥0.7)
- 37.5%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 96 | 1.4% | |
| -0.8 to -0.7 | 96 | 1.4% | |
| -0.7 to -0.6 | 287 | 4.3% | |
| -0.6 to -0.5 | 286 | 4.3% | |
| -0.5 to -0.4 | 264 | 3.9% | |
| -0.4 to -0.3 | 264 | 3.9% | |
| -0.3 to -0.2 | 204 | 3.0% | |
| -0.2 to -0.1 | 203 | 3.0% | |
| -0.1 to 0.0 | 224 | 3.3% | |
| 0.0 to 0.1 | 224 | 3.3% | |
| 0.1 to 0.2 | 233 | 3.5% | |
| 0.2 to 0.3 | 232 | 3.5% | |
| 0.3 to 0.4 | 286 | 4.3% | |
| 0.4 to 0.5 | 285 | 4.2% | |
| 0.5 to 0.6 | 508 | 7.6% | |
| 0.6 to 0.7 | 508 | 7.6% | |
| 0.7 to 0.8 | 1,199 | 17.8% | |
| 0.8 to 0.9 | 1,199 | 17.8% | |
| 0.9 to 1.0 | 122 | 1.8% |
Frequently asked questions
What is the average correlation of CELUW?
Celularity Inc. Warrant (CELUW) has an average correlation of about 0.324 with other NASDAQ stocks, based on 6,720 pairwise observations.
Is CELUW positively correlated with other stocks?
Mostly yes — 71.4% of pairs are positive and 28.6% are negative. Strong positive correlations (≥0.7) make up 37.5%.
What is the most common correlation range for CELUW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.6% of all pairs.
Explore the full interactive correlation distribution for CELUW.
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