Compass Therapeutics, Inc. Common Stock (CMPX) Correlation Distribution
Across 6,796 rolling correlation observations between Compass Therapeutics, Inc. Common Stock (CMPX) and other NASDAQ-listed stocks, 55.2% are positive and 44.8% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.029, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,796
- Mean correlation
- 0.029
- Most common range
- 0.1 to 0.2
- Positive pairs
- 55.2%
- Strong positive (≥0.7)
- 1.2%
- Sector
- Biological Products, (No Disgnostic Substances)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 218 | 3.2% | |
| -0.6 to -0.5 | 217 | 3.2% | |
| -0.5 to -0.4 | 535 | 7.9% | |
| -0.4 to -0.3 | 534 | 7.9% | |
| -0.3 to -0.2 | 471 | 6.9% | |
| -0.2 to -0.1 | 470 | 6.9% | |
| -0.1 to 0.0 | 588 | 8.7% | |
| 0.0 to 0.1 | 588 | 8.7% | |
| 0.1 to 0.2 | 761 | 11.2% | |
| 0.2 to 0.3 | 760 | 11.2% | |
| 0.3 to 0.4 | 550 | 8.1% | |
| 0.4 to 0.5 | 550 | 8.1% | |
| 0.5 to 0.6 | 231 | 3.4% | |
| 0.6 to 0.7 | 230 | 3.4% | |
| 0.7 to 0.8 | 38 | 0.6% | |
| 0.8 to 0.9 | 38 | 0.6% | |
| 0.9 to 1.0 | 4 | 0.1% |
Frequently asked questions
What is the average correlation of CMPX?
Compass Therapeutics, Inc. Common Stock (CMPX) has an average correlation of about 0.029 with other NASDAQ stocks, based on 6,796 pairwise observations.
Is CMPX positively correlated with other stocks?
Mostly yes — 55.2% of pairs are positive and 44.8% are negative. Strong positive correlations (≥0.7) make up 1.2%.
What is the most common correlation range for CMPX?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 53.5% of all pairs.
Explore the full interactive correlation distribution for CMPX.
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