Catalyst Pharmaceutical Inc. (CPRX) Correlation Distribution
Across 6,809 rolling correlation observations between Catalyst Pharmaceutical Inc. (CPRX) and other NASDAQ-listed stocks, 36.1% are positive and 63.9% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.188, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 11.6% and strong negative correlations (≤−0.7) for 26.5%.
- Total observations
- 6,809
- Mean correlation
- -0.188
- Most common range
- -0.9 to -0.8
- Positive pairs
- 36.1%
- Strong positive (≥0.7)
- 11.6%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 20 | 0.3% | |
| -0.9 to -0.8 | 891 | 13.1% | |
| -0.8 to -0.7 | 891 | 13.1% | |
| -0.7 to -0.6 | 640 | 9.4% | |
| -0.6 to -0.5 | 639 | 9.4% | |
| -0.5 to -0.4 | 315 | 4.6% | |
| -0.4 to -0.3 | 314 | 4.6% | |
| -0.3 to -0.2 | 220 | 3.2% | |
| -0.2 to -0.1 | 219 | 3.2% | |
| -0.1 to 0.0 | 205 | 3.0% | |
| 0.0 to 0.1 | 205 | 3.0% | |
| 0.1 to 0.2 | 199 | 2.9% | |
| 0.2 to 0.3 | 198 | 2.9% | |
| 0.3 to 0.4 | 224 | 3.3% | |
| 0.4 to 0.5 | 223 | 3.3% | |
| 0.5 to 0.6 | 308 | 4.5% | |
| 0.6 to 0.7 | 308 | 4.5% | |
| 0.7 to 0.8 | 366 | 5.4% | |
| 0.8 to 0.9 | 365 | 5.4% | |
| 0.9 to 1.0 | 59 | 0.9% |
Frequently asked questions
What is the average correlation of CPRX?
Catalyst Pharmaceutical Inc. (CPRX) has an average correlation of about -0.188 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CPRX positively correlated with other stocks?
Not predominantly — 36.1% of pairs are positive and 63.9% are negative. Strong positive correlations (≥0.7) make up 11.6%.
What is the most common correlation range for CPRX?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 18.3% of all pairs.
Explore the full interactive correlation distribution for CPRX.
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