Coya Therapeutics, Inc. Common Stock (COYA) Correlation Distribution
Across 6,298 rolling correlation observations between Coya Therapeutics, Inc. Common Stock (COYA) and other NASDAQ-listed stocks, 53% are positive and 47% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.021, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.8% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,298
- Mean correlation
- 0.021
- Most common range
- 0.3 to 0.4
- Positive pairs
- 53%
- Strong positive (≥0.7)
- 2.8%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 33 | 0.5% | |
| -0.8 to -0.7 | 33 | 0.5% | |
| -0.7 to -0.6 | 441 | 7.0% | |
| -0.6 to -0.5 | 441 | 7.0% | |
| -0.5 to -0.4 | 500 | 7.9% | |
| -0.4 to -0.3 | 500 | 7.9% | |
| -0.3 to -0.2 | 338 | 5.4% | |
| -0.2 to -0.1 | 338 | 5.4% | |
| -0.1 to 0.0 | 337 | 5.4% | |
| 0.0 to 0.1 | 337 | 5.4% | |
| 0.1 to 0.2 | 455 | 7.2% | |
| 0.2 to 0.3 | 455 | 7.2% | |
| 0.3 to 0.4 | 552 | 8.8% | |
| 0.4 to 0.5 | 551 | 8.7% | |
| 0.5 to 0.6 | 405 | 6.4% | |
| 0.6 to 0.7 | 405 | 6.4% | |
| 0.7 to 0.8 | 88 | 1.4% | |
| 0.8 to 0.9 | 88 | 1.4% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of COYA?
Coya Therapeutics, Inc. Common Stock (COYA) has an average correlation of about 0.021 with other NASDAQ stocks, based on 6,298 pairwise observations.
Is COYA positively correlated with other stocks?
Mostly yes — 53% of pairs are positive and 47% are negative. Strong positive correlations (≥0.7) make up 2.8%.
What is the most common correlation range for COYA?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 35.9% of all pairs.
Explore the full interactive correlation distribution for COYA.
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