Creative Media & Community Trust Corporation Common stock (CMCT) Correlation Distribution
Across 6,807 rolling correlation observations between Creative Media & Community Trust Corporation Common stock (CMCT) and other NASDAQ-listed stocks, 64% are positive and 36% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.19, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 30.2% and strong negative correlations (≤−0.7) for 14.7%.
- Total observations
- 6,807
- Mean correlation
- 0.19
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64%
- Strong positive (≥0.7)
- 30.2%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 184 | 2.7% | |
| -0.9 to -0.8 | 407 | 6.0% | |
| -0.8 to -0.7 | 407 | 6.0% | |
| -0.7 to -0.6 | 248 | 3.6% | |
| -0.6 to -0.5 | 247 | 3.6% | |
| -0.5 to -0.4 | 196 | 2.9% | |
| -0.4 to -0.3 | 195 | 2.9% | |
| -0.3 to -0.2 | 189 | 2.8% | |
| -0.2 to -0.1 | 188 | 2.8% | |
| -0.1 to 0.0 | 189 | 2.8% | |
| 0.0 to 0.1 | 188 | 2.8% | |
| 0.1 to 0.2 | 210 | 3.1% | |
| 0.2 to 0.3 | 210 | 3.1% | |
| 0.3 to 0.4 | 290 | 4.3% | |
| 0.4 to 0.5 | 289 | 4.2% | |
| 0.5 to 0.6 | 556 | 8.2% | |
| 0.6 to 0.7 | 556 | 8.2% | |
| 0.7 to 0.8 | 974 | 14.3% | |
| 0.8 to 0.9 | 974 | 14.3% | |
| 0.9 to 1.0 | 110 | 1.6% |
Frequently asked questions
What is the average correlation of CMCT?
Creative Media & Community Trust Corporation Common stock (CMCT) has an average correlation of about 0.19 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is CMCT positively correlated with other stocks?
Mostly yes — 64% of pairs are positive and 36% are negative. Strong positive correlations (≥0.7) make up 30.2%.
What is the most common correlation range for CMCT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.2% of all pairs.
Explore the full interactive correlation distribution for CMCT.
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