CRISPR Therapeutics AG (CRSP) Correlation Distribution
Across 6,808 rolling correlation observations between CRISPR Therapeutics AG (CRSP) and other NASDAQ-listed stocks, 66.5% are positive and 33.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.247, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 26.9% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,808
- Mean correlation
- 0.247
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.5%
- Strong positive (≥0.7)
- 26.9%
- Sector
- Biological Products, (No Disgnostic Substances)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 47 | 0.7% | |
| -0.8 to -0.7 | 47 | 0.7% | |
| -0.7 to -0.6 | 298 | 4.4% | |
| -0.6 to -0.5 | 298 | 4.4% | |
| -0.5 to -0.4 | 362 | 5.3% | |
| -0.4 to -0.3 | 361 | 5.3% | |
| -0.3 to -0.2 | 302 | 4.4% | |
| -0.2 to -0.1 | 302 | 4.4% | |
| -0.1 to 0.0 | 265 | 3.9% | |
| 0.0 to 0.1 | 264 | 3.9% | |
| 0.1 to 0.2 | 335 | 4.9% | |
| 0.2 to 0.3 | 334 | 4.9% | |
| 0.3 to 0.4 | 370 | 5.4% | |
| 0.4 to 0.5 | 369 | 5.4% | |
| 0.5 to 0.6 | 511 | 7.5% | |
| 0.6 to 0.7 | 510 | 7.5% | |
| 0.7 to 0.8 | 866 | 12.7% | |
| 0.8 to 0.9 | 865 | 12.7% | |
| 0.9 to 1.0 | 102 | 1.5% |
Frequently asked questions
What is the average correlation of CRSP?
CRISPR Therapeutics AG (CRSP) has an average correlation of about 0.247 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is CRSP positively correlated with other stocks?
Mostly yes — 66.5% of pairs are positive and 33.5% are negative. Strong positive correlations (≥0.7) make up 26.9%.
What is the most common correlation range for CRSP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 26.5% of all pairs.
Explore the full interactive correlation distribution for CRSP.
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