Corcept Therapeutics Inc. (CORT) Correlation Distribution
Across 6,809 rolling correlation observations between Corcept Therapeutics Inc. (CORT) and other NASDAQ-listed stocks, 38.8% are positive and 61.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.052, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 9% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,809
- Mean correlation
- -0.052
- Most common range
- -0.5 to -0.4
- Positive pairs
- 38.8%
- Strong positive (≥0.7)
- 9%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 60 | 0.9% | |
| -0.8 to -0.7 | 59 | 0.9% | |
| -0.7 to -0.6 | 410 | 6.0% | |
| -0.6 to -0.5 | 410 | 6.0% | |
| -0.5 to -0.4 | 979 | 14.4% | |
| -0.4 to -0.3 | 979 | 14.4% | |
| -0.3 to -0.2 | 491 | 7.2% | |
| -0.2 to -0.1 | 491 | 7.2% | |
| -0.1 to 0.0 | 289 | 4.2% | |
| 0.0 to 0.1 | 289 | 4.2% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 250 | 3.7% | |
| 0.3 to 0.4 | 305 | 4.5% | |
| 0.4 to 0.5 | 304 | 4.5% | |
| 0.5 to 0.6 | 316 | 4.6% | |
| 0.6 to 0.7 | 315 | 4.6% | |
| 0.7 to 0.8 | 289 | 4.2% | |
| 0.8 to 0.9 | 288 | 4.2% | |
| 0.9 to 1.0 | 33 | 0.5% |
Frequently asked questions
What is the average correlation of CORT?
Corcept Therapeutics Inc. (CORT) has an average correlation of about -0.052 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CORT positively correlated with other stocks?
Not predominantly — 38.8% of pairs are positive and 61.2% are negative. Strong positive correlations (≥0.7) make up 9%.
What is the most common correlation range for CORT?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 30.3% of all pairs.
Explore the full interactive correlation distribution for CORT.
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