Champions Oncology, Inc. (CSBR) Correlation Distribution
Across 6,804 rolling correlation observations between Champions Oncology, Inc. (CSBR) and other NASDAQ-listed stocks, 66.6% are positive and 33.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.226, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17.7% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,804
- Mean correlation
- 0.226
- Most common range
- 0.5 to 0.6
- Positive pairs
- 66.6%
- Strong positive (≥0.7)
- 17.7%
- 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 | 60 | 0.9% | |
| -0.8 to -0.7 | 59 | 0.9% | |
| -0.7 to -0.6 | 264 | 3.9% | |
| -0.6 to -0.5 | 263 | 3.9% | |
| -0.5 to -0.4 | 313 | 4.6% | |
| -0.4 to -0.3 | 312 | 4.6% | |
| -0.3 to -0.2 | 359 | 5.3% | |
| -0.2 to -0.1 | 359 | 5.3% | |
| -0.1 to 0.0 | 282 | 4.1% | |
| 0.0 to 0.1 | 281 | 4.1% | |
| 0.1 to 0.2 | 340 | 5.0% | |
| 0.2 to 0.3 | 339 | 5.0% | |
| 0.3 to 0.4 | 450 | 6.6% | |
| 0.4 to 0.5 | 450 | 6.6% | |
| 0.5 to 0.6 | 735 | 10.8% | |
| 0.6 to 0.7 | 735 | 10.8% | |
| 0.7 to 0.8 | 600 | 8.8% | |
| 0.8 to 0.9 | 599 | 8.8% | |
| 0.9 to 1.0 | 4 | 0.1% |
Frequently asked questions
What is the average correlation of CSBR?
Champions Oncology, Inc. (CSBR) has an average correlation of about 0.226 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is CSBR positively correlated with other stocks?
Mostly yes — 66.6% of pairs are positive and 33.4% are negative. Strong positive correlations (≥0.7) make up 17.7%.
What is the most common correlation range for CSBR?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 28.8% of all pairs.
Explore the full interactive correlation distribution for CSBR.
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