Claros Mortgage Trust, Inc. (CMTG) Correlation Distribution
Across 6,796 rolling correlation observations between Claros Mortgage Trust, Inc. (CMTG) and other NASDAQ-listed stocks, 63.2% are positive and 36.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.145, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 18.9% and strong negative correlations (≤−0.7) for 14.2%.
- Total observations
- 6,796
- Mean correlation
- 0.145
- Most common range
- 0.5 to 0.6
- Positive pairs
- 63.2%
- Strong positive (≥0.7)
- 18.9%
- Sector
- Real Estate
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 119 | 1.8% | |
| -0.9 to -0.8 | 424 | 6.2% | |
| -0.8 to -0.7 | 423 | 6.2% | |
| -0.7 to -0.6 | 265 | 3.9% | |
| -0.6 to -0.5 | 264 | 3.9% | |
| -0.5 to -0.4 | 212 | 3.1% | |
| -0.4 to -0.3 | 212 | 3.1% | |
| -0.3 to -0.2 | 190 | 2.8% | |
| -0.2 to -0.1 | 189 | 2.8% | |
| -0.1 to 0.0 | 200 | 2.9% | |
| 0.0 to 0.1 | 200 | 2.9% | |
| 0.1 to 0.2 | 250 | 3.7% | |
| 0.2 to 0.3 | 249 | 3.7% | |
| 0.3 to 0.4 | 455 | 6.7% | |
| 0.4 to 0.5 | 454 | 6.7% | |
| 0.5 to 0.6 | 703 | 10.3% | |
| 0.6 to 0.7 | 702 | 10.3% | |
| 0.7 to 0.8 | 621 | 9.1% | |
| 0.8 to 0.9 | 621 | 9.1% | |
| 0.9 to 1.0 | 43 | 0.6% |
Frequently asked questions
What is the average correlation of CMTG?
Claros Mortgage Trust, Inc. (CMTG) has an average correlation of about 0.145 with other NASDAQ stocks, based on 6,796 pairwise observations.
Is CMTG positively correlated with other stocks?
Mostly yes — 63.2% of pairs are positive and 36.8% are negative. Strong positive correlations (≥0.7) make up 18.9%.
What is the most common correlation range for CMTG?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 18.8% of all pairs.
Explore the full interactive correlation distribution for CMTG.
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