CLEVER LEAVES HLDGS INC (CLVR) Correlation Distribution
Across 6,767 rolling correlation observations between CLEVER LEAVES HLDGS INC (CLVR) and other NASDAQ-listed stocks, 72.3% are positive and 27.7% are negative. The most common correlation range is 0.9 to 1.0, and the average pairwise correlation is 0.362, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 42.3% and strong negative correlations (≤−0.7) for 4.3%.
- Total observations
- 6,767
- Mean correlation
- 0.362
- Most common range
- 0.9 to 1.0
- Positive pairs
- 72.3%
- Strong positive (≥0.7)
- 42.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 7 | 0.1% | |
| -0.9 to -0.8 | 144 | 2.1% | |
| -0.8 to -0.7 | 143 | 2.1% | |
| -0.7 to -0.6 | 247 | 3.7% | |
| -0.6 to -0.5 | 246 | 3.6% | |
| -0.5 to -0.4 | 246 | 3.6% | |
| -0.4 to -0.3 | 246 | 3.6% | |
| -0.3 to -0.2 | 201 | 3.0% | |
| -0.2 to -0.1 | 201 | 3.0% | |
| -0.1 to 0.0 | 192 | 2.8% | |
| 0.0 to 0.1 | 191 | 2.8% | |
| 0.1 to 0.2 | 204 | 3.0% | |
| 0.2 to 0.3 | 204 | 3.0% | |
| 0.3 to 0.4 | 299 | 4.4% | |
| 0.4 to 0.5 | 299 | 4.4% | |
| 0.5 to 0.6 | 417 | 6.2% | |
| 0.6 to 0.7 | 416 | 6.1% | |
| 0.7 to 0.8 | 940 | 13.9% | |
| 0.8 to 0.9 | 940 | 13.9% | |
| 0.9 to 1.0 | 984 | 14.5% |
Frequently asked questions
What is the average correlation of CLVR?
CLEVER LEAVES HLDGS INC (CLVR) has an average correlation of about 0.362 with other NASDAQ stocks, based on 6,767 pairwise observations.
Is CLVR positively correlated with other stocks?
Mostly yes — 72.3% of pairs are positive and 27.7% are negative. Strong positive correlations (≥0.7) make up 42.3%.
What is the most common correlation range for CLVR?
The most common range is 0.9 to 1.0. Weak correlations (−0.3 to 0.3) account for 17.6% of all pairs.
Explore the full interactive correlation distribution for CLVR.
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