CION Investment Corporation (CION) Correlation Distribution
Across 6,800 rolling correlation observations between CION Investment Corporation (CION) and other NASDAQ-listed stocks, 79.8% are positive and 20.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.251, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.7% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,800
- Mean correlation
- 0.251
- Most common range
- 0.3 to 0.4
- Positive pairs
- 79.8%
- Strong positive (≥0.7)
- 2.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 3 | 0.0% | |
| -0.8 to -0.7 | 2 | 0.0% | |
| -0.7 to -0.6 | 44 | 0.6% | |
| -0.6 to -0.5 | 44 | 0.6% | |
| -0.5 to -0.4 | 130 | 1.9% | |
| -0.4 to -0.3 | 130 | 1.9% | |
| -0.3 to -0.2 | 264 | 3.9% | |
| -0.2 to -0.1 | 263 | 3.9% | |
| -0.1 to 0.0 | 492 | 7.2% | |
| 0.0 to 0.1 | 492 | 7.2% | |
| 0.1 to 0.2 | 795 | 11.7% | |
| 0.2 to 0.3 | 794 | 11.7% | |
| 0.3 to 0.4 | 980 | 14.4% | |
| 0.4 to 0.5 | 979 | 14.4% | |
| 0.5 to 0.6 | 602 | 8.9% | |
| 0.6 to 0.7 | 601 | 8.8% | |
| 0.7 to 0.8 | 93 | 1.4% | |
| 0.8 to 0.9 | 92 | 1.4% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CION?
CION Investment Corporation (CION) has an average correlation of about 0.251 with other NASDAQ stocks, based on 6,800 pairwise observations.
Is CION positively correlated with other stocks?
Mostly yes — 79.8% of pairs are positive and 20.2% are negative. Strong positive correlations (≥0.7) make up 2.7%.
What is the most common correlation range for CION?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 45.6% of all pairs.
Explore the full interactive correlation distribution for CION.
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