Cronos Group Inc. Common Share (CRON) Correlation Distribution
Across 6,809 rolling correlation observations between Cronos Group Inc. Common Share (CRON) and other NASDAQ-listed stocks, 66.3% are positive and 33.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.277, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 35% and strong negative correlations (≤−0.7) for 3.1%.
- Total observations
- 6,809
- Mean correlation
- 0.277
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.3%
- Strong positive (≥0.7)
- 35%
- Sector
- Medicinal Chemicals & Botanical Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 104 | 1.5% | |
| -0.8 to -0.7 | 104 | 1.5% | |
| -0.7 to -0.6 | 346 | 5.1% | |
| -0.6 to -0.5 | 346 | 5.1% | |
| -0.5 to -0.4 | 310 | 4.6% | |
| -0.4 to -0.3 | 310 | 4.6% | |
| -0.3 to -0.2 | 270 | 4.0% | |
| -0.2 to -0.1 | 270 | 4.0% | |
| -0.1 to 0.0 | 233 | 3.4% | |
| 0.0 to 0.1 | 232 | 3.4% | |
| 0.1 to 0.2 | 245 | 3.6% | |
| 0.2 to 0.3 | 245 | 3.6% | |
| 0.3 to 0.4 | 294 | 4.3% | |
| 0.4 to 0.5 | 293 | 4.3% | |
| 0.5 to 0.6 | 412 | 6.1% | |
| 0.6 to 0.7 | 411 | 6.0% | |
| 0.7 to 0.8 | 880 | 12.9% | |
| 0.8 to 0.9 | 880 | 12.9% | |
| 0.9 to 1.0 | 622 | 9.1% |
Frequently asked questions
What is the average correlation of CRON?
Cronos Group Inc. Common Share (CRON) has an average correlation of about 0.277 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CRON positively correlated with other stocks?
Mostly yes — 66.3% of pairs are positive and 33.7% are negative. Strong positive correlations (≥0.7) make up 35%.
What is the most common correlation range for CRON?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22% of all pairs.
Explore the full interactive correlation distribution for CRON.
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