CompoSecure, Inc. Class A Common Stock (CMPO) Correlation Distribution
Across 6,787 rolling correlation observations between CompoSecure, Inc. Class A Common Stock (CMPO) and other NASDAQ-listed stocks, 52.8% are positive and 47.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.078, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 12.1% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,787
- Mean correlation
- 0.078
- Most common range
- -0.5 to -0.4
- Positive pairs
- 52.8%
- Strong positive (≥0.7)
- 12.1%
- Sector
- Finance Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 56 | 0.8% | |
| -0.8 to -0.7 | 56 | 0.8% | |
| -0.7 to -0.6 | 288 | 4.2% | |
| -0.6 to -0.5 | 288 | 4.2% | |
| -0.5 to -0.4 | 527 | 7.8% | |
| -0.4 to -0.3 | 527 | 7.8% | |
| -0.3 to -0.2 | 516 | 7.6% | |
| -0.2 to -0.1 | 515 | 7.6% | |
| -0.1 to 0.0 | 430 | 6.3% | |
| 0.0 to 0.1 | 429 | 6.3% | |
| 0.1 to 0.2 | 387 | 5.7% | |
| 0.2 to 0.3 | 387 | 5.7% | |
| 0.3 to 0.4 | 384 | 5.7% | |
| 0.4 to 0.5 | 384 | 5.7% | |
| 0.5 to 0.6 | 397 | 5.8% | |
| 0.6 to 0.7 | 396 | 5.8% | |
| 0.7 to 0.8 | 405 | 6.0% | |
| 0.8 to 0.9 | 404 | 6.0% | |
| 0.9 to 1.0 | 11 | 0.2% |
Frequently asked questions
What is the average correlation of CMPO?
CompoSecure, Inc. Class A Common Stock (CMPO) has an average correlation of about 0.078 with other NASDAQ stocks, based on 6,787 pairwise observations.
Is CMPO positively correlated with other stocks?
Mostly yes — 52.8% of pairs are positive and 47.2% are negative. Strong positive correlations (≥0.7) make up 12.1%.
What is the most common correlation range for CMPO?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 39.3% of all pairs.
Explore the full interactive correlation distribution for CMPO.
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