COMERA LIFE SCIENCES HLDG (CMRA) Correlation Distribution
Across 6,579 rolling correlation observations between COMERA LIFE SCIENCES HLDG (CMRA) and other NASDAQ-listed stocks, 60.4% are positive and 39.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.148, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 21.2% and strong negative correlations (≤−0.7) for 6.2%.
- Total observations
- 6,579
- Mean correlation
- 0.148
- Most common range
- 0.7 to 0.8
- Positive pairs
- 60.4%
- Strong positive (≥0.7)
- 21.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 204 | 3.1% | |
| -0.8 to -0.7 | 204 | 3.1% | |
| -0.7 to -0.6 | 414 | 6.3% | |
| -0.6 to -0.5 | 413 | 6.3% | |
| -0.5 to -0.4 | 319 | 4.8% | |
| -0.4 to -0.3 | 318 | 4.8% | |
| -0.3 to -0.2 | 241 | 3.7% | |
| -0.2 to -0.1 | 241 | 3.7% | |
| -0.1 to 0.0 | 248 | 3.8% | |
| 0.0 to 0.1 | 248 | 3.8% | |
| 0.1 to 0.2 | 297 | 4.5% | |
| 0.2 to 0.3 | 297 | 4.5% | |
| 0.3 to 0.4 | 333 | 5.1% | |
| 0.4 to 0.5 | 332 | 5.0% | |
| 0.5 to 0.6 | 535 | 8.1% | |
| 0.6 to 0.7 | 535 | 8.1% | |
| 0.7 to 0.8 | 683 | 10.4% | |
| 0.8 to 0.9 | 683 | 10.4% | |
| 0.9 to 1.0 | 31 | 0.5% |
Frequently asked questions
What is the average correlation of CMRA?
COMERA LIFE SCIENCES HLDG (CMRA) has an average correlation of about 0.148 with other NASDAQ stocks, based on 6,579 pairwise observations.
Is CMRA positively correlated with other stocks?
Mostly yes — 60.4% of pairs are positive and 39.6% are negative. Strong positive correlations (≥0.7) make up 21.2%.
What is the most common correlation range for CMRA?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.9% of all pairs.
Explore the full interactive correlation distribution for CMRA.
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