Cingulate Inc. Common Stock (CING) Correlation Distribution
Across 6,791 rolling correlation observations between Cingulate Inc. Common Stock (CING) and other NASDAQ-listed stocks, 64.7% are positive and 35.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.214, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.9% and strong negative correlations (≤−0.7) for 11%.
- Total observations
- 6,791
- Mean correlation
- 0.214
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64.7%
- Strong positive (≥0.7)
- 31.9%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 42 | 0.6% | |
| -0.9 to -0.8 | 353 | 5.2% | |
| -0.8 to -0.7 | 352 | 5.2% | |
| -0.7 to -0.6 | 308 | 4.5% | |
| -0.6 to -0.5 | 308 | 4.5% | |
| -0.5 to -0.4 | 244 | 3.6% | |
| -0.4 to -0.3 | 243 | 3.6% | |
| -0.3 to -0.2 | 181 | 2.7% | |
| -0.2 to -0.1 | 180 | 2.7% | |
| -0.1 to 0.0 | 184 | 2.7% | |
| 0.0 to 0.1 | 184 | 2.7% | |
| 0.1 to 0.2 | 230 | 3.4% | |
| 0.2 to 0.3 | 229 | 3.4% | |
| 0.3 to 0.4 | 307 | 4.5% | |
| 0.4 to 0.5 | 306 | 4.5% | |
| 0.5 to 0.6 | 486 | 7.2% | |
| 0.6 to 0.7 | 485 | 7.1% | |
| 0.7 to 0.8 | 947 | 13.9% | |
| 0.8 to 0.9 | 947 | 13.9% | |
| 0.9 to 1.0 | 275 | 4.0% |
Frequently asked questions
What is the average correlation of CING?
Cingulate Inc. Common Stock (CING) has an average correlation of about 0.214 with other NASDAQ stocks, based on 6,791 pairwise observations.
Is CING positively correlated with other stocks?
Mostly yes — 64.7% of pairs are positive and 35.3% are negative. Strong positive correlations (≥0.7) make up 31.9%.
What is the most common correlation range for CING?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.5% of all pairs.
Explore the full interactive correlation distribution for CING.
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