Freightos Limited Ordinary shares (CRGO) Correlation Distribution
Across 6,257 rolling correlation observations between Freightos Limited Ordinary shares (CRGO) and other NASDAQ-listed stocks, 57.8% are positive and 42.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.106, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.6% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,257
- Mean correlation
- 0.106
- Most common range
- 0.3 to 0.4
- Positive pairs
- 57.8%
- Strong positive (≥0.7)
- 2.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 0 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 66 | 1.1% | |
| -0.6 to -0.5 | 65 | 1.0% | |
| -0.5 to -0.4 | 466 | 7.4% | |
| -0.4 to -0.3 | 465 | 7.4% | |
| -0.3 to -0.2 | 554 | 8.9% | |
| -0.2 to -0.1 | 553 | 8.8% | |
| -0.1 to 0.0 | 474 | 7.6% | |
| 0.0 to 0.1 | 473 | 7.6% | |
| 0.1 to 0.2 | 443 | 7.1% | |
| 0.2 to 0.3 | 443 | 7.1% | |
| 0.3 to 0.4 | 572 | 9.1% | |
| 0.4 to 0.5 | 571 | 9.1% | |
| 0.5 to 0.6 | 475 | 7.6% | |
| 0.6 to 0.7 | 475 | 7.6% | |
| 0.7 to 0.8 | 81 | 1.3% | |
| 0.8 to 0.9 | 81 | 1.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CRGO?
Freightos Limited Ordinary shares (CRGO) has an average correlation of about 0.106 with other NASDAQ stocks, based on 6,257 pairwise observations.
Is CRGO positively correlated with other stocks?
Mostly yes — 57.8% of pairs are positive and 42.2% are negative. Strong positive correlations (≥0.7) make up 2.6%.
What is the most common correlation range for CRGO?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 47% of all pairs.
Explore the full interactive correlation distribution for CRGO.
Open interactive dashboard →