Cogent Biosciences, Inc. Common Stock (COGT) Correlation Distribution
Across 6,808 rolling correlation observations between Cogent Biosciences, Inc. Common Stock (COGT) and other NASDAQ-listed stocks, 35.3% are positive and 64.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.076, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.5% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,808
- Mean correlation
- -0.076
- Most common range
- -0.3 to -0.2
- Positive pairs
- 35.3%
- Strong positive (≥0.7)
- 0.5%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 81 | 1.2% | |
| -0.6 to -0.5 | 81 | 1.2% | |
| -0.5 to -0.4 | 540 | 7.9% | |
| -0.4 to -0.3 | 539 | 7.9% | |
| -0.3 to -0.2 | 1,081 | 15.9% | |
| -0.2 to -0.1 | 1,080 | 15.9% | |
| -0.1 to 0.0 | 1,000 | 14.7% | |
| 0.0 to 0.1 | 1,000 | 14.7% | |
| 0.1 to 0.2 | 414 | 6.1% | |
| 0.2 to 0.3 | 413 | 6.1% | |
| 0.3 to 0.4 | 177 | 2.6% | |
| 0.4 to 0.5 | 177 | 2.6% | |
| 0.5 to 0.6 | 94 | 1.4% | |
| 0.6 to 0.7 | 93 | 1.4% | |
| 0.7 to 0.8 | 18 | 0.3% | |
| 0.8 to 0.9 | 18 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of COGT?
Cogent Biosciences, Inc. Common Stock (COGT) has an average correlation of about -0.076 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is COGT positively correlated with other stocks?
Not predominantly — 35.3% of pairs are positive and 64.7% are negative. Strong positive correlations (≥0.7) make up 0.5%.
What is the most common correlation range for COGT?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 73.3% of all pairs.
Explore the full interactive correlation distribution for COGT.
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