Climb Global Solutions, Inc. Common Stock (CLMB) Correlation Distribution
Across 6,430 rolling correlation observations between Climb Global Solutions, Inc. Common Stock (CLMB) and other NASDAQ-listed stocks, 51.4% are positive and 48.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.04, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 21.9% and strong negative correlations (≤−0.7) for 12.6%.
- Total observations
- 6,430
- Mean correlation
- 0.04
- Most common range
- 0.7 to 0.8
- Positive pairs
- 51.4%
- Strong positive (≥0.7)
- 21.9%
- Sector
- Wholesale-Computers & Peripheral Equipment & Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 14 | 0.2% | |
| -0.9 to -0.8 | 398 | 6.2% | |
| -0.8 to -0.7 | 398 | 6.2% | |
| -0.7 to -0.6 | 558 | 8.7% | |
| -0.6 to -0.5 | 558 | 8.7% | |
| -0.5 to -0.4 | 286 | 4.4% | |
| -0.4 to -0.3 | 286 | 4.4% | |
| -0.3 to -0.2 | 202 | 3.1% | |
| -0.2 to -0.1 | 201 | 3.1% | |
| -0.1 to 0.0 | 223 | 3.5% | |
| 0.0 to 0.1 | 223 | 3.5% | |
| 0.1 to 0.2 | 229 | 3.6% | |
| 0.2 to 0.3 | 228 | 3.5% | |
| 0.3 to 0.4 | 255 | 4.0% | |
| 0.4 to 0.5 | 254 | 4.0% | |
| 0.5 to 0.6 | 354 | 5.5% | |
| 0.6 to 0.7 | 354 | 5.5% | |
| 0.7 to 0.8 | 566 | 8.8% | |
| 0.8 to 0.9 | 565 | 8.8% | |
| 0.9 to 1.0 | 278 | 4.3% |
Frequently asked questions
What is the average correlation of CLMB?
Climb Global Solutions, Inc. Common Stock (CLMB) has an average correlation of about 0.04 with other NASDAQ stocks, based on 6,430 pairwise observations.
Is CLMB positively correlated with other stocks?
Mostly yes — 51.4% of pairs are positive and 48.6% are negative. Strong positive correlations (≥0.7) make up 21.9%.
What is the most common correlation range for CLMB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.3% of all pairs.
Explore the full interactive correlation distribution for CLMB.
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