CPS Technologies Corp. Common Stock (CPSH) Correlation Distribution
Across 6,809 rolling correlation observations between CPS Technologies Corp. Common Stock (CPSH) and other NASDAQ-listed stocks, 71% are positive and 29% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.259, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 14.5% and strong negative correlations (≤−0.7) for 2.5%.
- Total observations
- 6,809
- Mean correlation
- 0.259
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71%
- Strong positive (≥0.7)
- 14.5%
- Sector
- Pottery & Related Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 19 | 0.3% | |
| -0.9 to -0.8 | 77 | 1.1% | |
| -0.8 to -0.7 | 76 | 1.1% | |
| -0.7 to -0.6 | 80 | 1.2% | |
| -0.6 to -0.5 | 79 | 1.2% | |
| -0.5 to -0.4 | 348 | 5.1% | |
| -0.4 to -0.3 | 347 | 5.1% | |
| -0.3 to -0.2 | 324 | 4.8% | |
| -0.2 to -0.1 | 324 | 4.8% | |
| -0.1 to 0.0 | 302 | 4.4% | |
| 0.0 to 0.1 | 301 | 4.4% | |
| 0.1 to 0.2 | 322 | 4.7% | |
| 0.2 to 0.3 | 322 | 4.7% | |
| 0.3 to 0.4 | 659 | 9.7% | |
| 0.4 to 0.5 | 658 | 9.7% | |
| 0.5 to 0.6 | 792 | 11.6% | |
| 0.6 to 0.7 | 792 | 11.6% | |
| 0.7 to 0.8 | 464 | 6.8% | |
| 0.8 to 0.9 | 463 | 6.8% | |
| 0.9 to 1.0 | 60 | 0.9% |
Frequently asked questions
What is the average correlation of CPSH?
CPS Technologies Corp. Common Stock (CPSH) has an average correlation of about 0.259 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CPSH positively correlated with other stocks?
Mostly yes — 71% of pairs are positive and 29% are negative. Strong positive correlations (≥0.7) make up 14.5%.
What is the most common correlation range for CPSH?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 27.8% of all pairs.
Explore the full interactive correlation distribution for CPSH.
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