Collegium Pharmaceutical, Inc. Common Stock (COLL) Correlation Distribution
Across 6,809 rolling correlation observations between Collegium Pharmaceutical, Inc. Common Stock (COLL) and other NASDAQ-listed stocks, 39.7% are positive and 60.3% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.054, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 9.9% and strong negative correlations (≤−0.7) for 3.1%.
- Total observations
- 6,809
- Mean correlation
- -0.054
- Most common range
- -0.5 to -0.4
- Positive pairs
- 39.7%
- Strong positive (≥0.7)
- 9.9%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 105 | 1.5% | |
| -0.8 to -0.7 | 105 | 1.5% | |
| -0.7 to -0.6 | 527 | 7.7% | |
| -0.6 to -0.5 | 526 | 7.7% | |
| -0.5 to -0.4 | 809 | 11.9% | |
| -0.4 to -0.3 | 809 | 11.9% | |
| -0.3 to -0.2 | 456 | 6.7% | |
| -0.2 to -0.1 | 455 | 6.7% | |
| -0.1 to 0.0 | 317 | 4.7% | |
| 0.0 to 0.1 | 317 | 4.7% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 251 | 3.7% | |
| 0.3 to 0.4 | 261 | 3.8% | |
| 0.4 to 0.5 | 260 | 3.8% | |
| 0.5 to 0.6 | 343 | 5.0% | |
| 0.6 to 0.7 | 342 | 5.0% | |
| 0.7 to 0.8 | 336 | 4.9% | |
| 0.8 to 0.9 | 336 | 4.9% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of COLL?
Collegium Pharmaceutical, Inc. Common Stock (COLL) has an average correlation of about -0.054 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is COLL positively correlated with other stocks?
Not predominantly — 39.7% of pairs are positive and 60.3% are negative. Strong positive correlations (≥0.7) make up 9.9%.
What is the most common correlation range for COLL?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 30.1% of all pairs.
Explore the full interactive correlation distribution for COLL.
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