Creative Medical Technology Holdings, Inc. Common Stock (CELZ) Correlation Distribution
Across 6,791 rolling correlation observations between Creative Medical Technology Holdings, Inc. Common Stock (CELZ) and other NASDAQ-listed stocks, 68.9% are positive and 31.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.284, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 26.2% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,791
- Mean correlation
- 0.284
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.9%
- Strong positive (≥0.7)
- 26.2%
- Sector
- Biological Products, (No Disgnostic Substances)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 13 | 0.2% | |
| -0.8 to -0.7 | 13 | 0.2% | |
| -0.7 to -0.6 | 211 | 3.1% | |
| -0.6 to -0.5 | 210 | 3.1% | |
| -0.5 to -0.4 | 403 | 5.9% | |
| -0.4 to -0.3 | 402 | 5.9% | |
| -0.3 to -0.2 | 305 | 4.5% | |
| -0.2 to -0.1 | 305 | 4.5% | |
| -0.1 to 0.0 | 249 | 3.7% | |
| 0.0 to 0.1 | 248 | 3.7% | |
| 0.1 to 0.2 | 269 | 4.0% | |
| 0.2 to 0.3 | 268 | 3.9% | |
| 0.3 to 0.4 | 392 | 5.8% | |
| 0.4 to 0.5 | 391 | 5.8% | |
| 0.5 to 0.6 | 667 | 9.8% | |
| 0.6 to 0.7 | 666 | 9.8% | |
| 0.7 to 0.8 | 880 | 13.0% | |
| 0.8 to 0.9 | 880 | 13.0% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of CELZ?
Creative Medical Technology Holdings, Inc. Common Stock (CELZ) has an average correlation of about 0.284 with other NASDAQ stocks, based on 6,791 pairwise observations.
Is CELZ positively correlated with other stocks?
Mostly yes — 68.9% of pairs are positive and 31.1% are negative. Strong positive correlations (≥0.7) make up 26.2%.
What is the most common correlation range for CELZ?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.2% of all pairs.
Explore the full interactive correlation distribution for CELZ.
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