CSTA (CSTA) Correlation Distribution
Across 6,189 rolling correlation observations between CSTA (CSTA) and other NASDAQ-listed stocks, 24.6% are positive and 75.4% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.295, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 8.9% and strong negative correlations (≤−0.7) for 20.7%.
- Total observations
- 6,189
- Mean correlation
- -0.295
- Most common range
- -0.7 to -0.6
- Positive pairs
- 24.6%
- Strong positive (≥0.7)
- 8.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 60 | 1.0% | |
| -0.9 to -0.8 | 612 | 9.9% | |
| -0.8 to -0.7 | 611 | 9.9% | |
| -0.7 to -0.6 | 991 | 16.0% | |
| -0.6 to -0.5 | 991 | 16.0% | |
| -0.5 to -0.4 | 407 | 6.6% | |
| -0.4 to -0.3 | 406 | 6.6% | |
| -0.3 to -0.2 | 220 | 3.6% | |
| -0.2 to -0.1 | 219 | 3.5% | |
| -0.1 to 0.0 | 148 | 2.4% | |
| 0.0 to 0.1 | 147 | 2.4% | |
| 0.1 to 0.2 | 126 | 2.0% | |
| 0.2 to 0.3 | 125 | 2.0% | |
| 0.3 to 0.4 | 127 | 2.1% | |
| 0.4 to 0.5 | 126 | 2.0% | |
| 0.5 to 0.6 | 162 | 2.6% | |
| 0.6 to 0.7 | 162 | 2.6% | |
| 0.7 to 0.8 | 174 | 2.8% | |
| 0.8 to 0.9 | 174 | 2.8% | |
| 0.9 to 1.0 | 201 | 3.2% |
Frequently asked questions
What is the average correlation of CSTA?
CSTA (CSTA) has an average correlation of about -0.295 with other NASDAQ stocks, based on 6,189 pairwise observations.
Is CSTA positively correlated with other stocks?
Not predominantly — 24.6% of pairs are positive and 75.4% are negative. Strong positive correlations (≥0.7) make up 8.9%.
What is the most common correlation range for CSTA?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 15.9% of all pairs.
Explore the full interactive correlation distribution for CSTA.
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