Comp X International Inc. (CIX) Correlation Distribution
Across 6,809 rolling correlation observations between Comp X International Inc. (CIX) and other NASDAQ-listed stocks, 46.8% are positive and 53.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.018, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 6.2% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.018
- Most common range
- -0.5 to -0.4
- Positive pairs
- 46.8%
- Strong positive (≥0.7)
- 6.2%
- Sector
- Cutlery, Handtools & General Hardware
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 | 12 | 0.2% | |
| -0.7 to -0.6 | 390 | 5.7% | |
| -0.6 to -0.5 | 390 | 5.7% | |
| -0.5 to -0.4 | 643 | 9.4% | |
| -0.4 to -0.3 | 643 | 9.4% | |
| -0.3 to -0.2 | 573 | 8.4% | |
| -0.2 to -0.1 | 572 | 8.4% | |
| -0.1 to 0.0 | 383 | 5.6% | |
| 0.0 to 0.1 | 383 | 5.6% | |
| 0.1 to 0.2 | 339 | 5.0% | |
| 0.2 to 0.3 | 338 | 5.0% | |
| 0.3 to 0.4 | 356 | 5.2% | |
| 0.4 to 0.5 | 356 | 5.2% | |
| 0.5 to 0.6 | 497 | 7.3% | |
| 0.6 to 0.7 | 496 | 7.3% | |
| 0.7 to 0.8 | 213 | 3.1% | |
| 0.8 to 0.9 | 212 | 3.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CIX?
Comp X International Inc. (CIX) has an average correlation of about 0.018 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CIX positively correlated with other stocks?
Not predominantly — 46.8% of pairs are positive and 53.2% are negative. Strong positive correlations (≥0.7) make up 6.2%.
What is the most common correlation range for CIX?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 38% of all pairs.
Explore the full interactive correlation distribution for CIX.
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