Compass, Inc. (COMP) Correlation Distribution
Across 6,806 rolling correlation observations between Compass, Inc. (COMP) and other NASDAQ-listed stocks, 73.9% are positive and 26.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.347, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 33.5% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,806
- Mean correlation
- 0.347
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.9%
- Strong positive (≥0.7)
- 33.5%
- Sector
- Services-Computer Programming Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 50 | 0.7% | |
| -0.8 to -0.7 | 50 | 0.7% | |
| -0.7 to -0.6 | 166 | 2.4% | |
| -0.6 to -0.5 | 166 | 2.4% | |
| -0.5 to -0.4 | 235 | 3.5% | |
| -0.4 to -0.3 | 235 | 3.5% | |
| -0.3 to -0.2 | 294 | 4.3% | |
| -0.2 to -0.1 | 294 | 4.3% | |
| -0.1 to 0.0 | 280 | 4.1% | |
| 0.0 to 0.1 | 279 | 4.1% | |
| 0.1 to 0.2 | 321 | 4.7% | |
| 0.2 to 0.3 | 321 | 4.7% | |
| 0.3 to 0.4 | 382 | 5.6% | |
| 0.4 to 0.5 | 382 | 5.6% | |
| 0.5 to 0.6 | 533 | 7.8% | |
| 0.6 to 0.7 | 533 | 7.8% | |
| 0.7 to 0.8 | 959 | 14.1% | |
| 0.8 to 0.9 | 958 | 14.1% | |
| 0.9 to 1.0 | 362 | 5.3% |
Frequently asked questions
What is the average correlation of COMP?
Compass, Inc. (COMP) has an average correlation of about 0.347 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is COMP positively correlated with other stocks?
Mostly yes — 73.9% of pairs are positive and 26.1% are negative. Strong positive correlations (≥0.7) make up 33.5%.
What is the most common correlation range for COMP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 26.3% of all pairs.
Explore the full interactive correlation distribution for COMP.
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