CTR (CTR) Correlation Distribution
Across 6,766 rolling correlation observations between CTR (CTR) and other NASDAQ-listed stocks, 38.1% are positive and 61.9% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.122, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 16.3% and strong negative correlations (≤−0.7) for 18.2%.
- Total observations
- 6,766
- Mean correlation
- -0.122
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.1%
- Strong positive (≥0.7)
- 16.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 12 | 0.2% | |
| -0.9 to -0.8 | 611 | 9.0% | |
| -0.8 to -0.7 | 611 | 9.0% | |
| -0.7 to -0.6 | 720 | 10.6% | |
| -0.6 to -0.5 | 719 | 10.6% | |
| -0.5 to -0.4 | 388 | 5.7% | |
| -0.4 to -0.3 | 387 | 5.7% | |
| -0.3 to -0.2 | 256 | 3.8% | |
| -0.2 to -0.1 | 255 | 3.8% | |
| -0.1 to 0.0 | 226 | 3.3% | |
| 0.0 to 0.1 | 225 | 3.3% | |
| 0.1 to 0.2 | 184 | 2.7% | |
| 0.2 to 0.3 | 184 | 2.7% | |
| 0.3 to 0.4 | 196 | 2.9% | |
| 0.4 to 0.5 | 195 | 2.9% | |
| 0.5 to 0.6 | 249 | 3.7% | |
| 0.6 to 0.7 | 248 | 3.7% | |
| 0.7 to 0.8 | 448 | 6.6% | |
| 0.8 to 0.9 | 448 | 6.6% | |
| 0.9 to 1.0 | 204 | 3.0% |
Frequently asked questions
What is the average correlation of CTR?
CTR (CTR) has an average correlation of about -0.122 with other NASDAQ stocks, based on 6,766 pairwise observations.
Is CTR positively correlated with other stocks?
Not predominantly — 38.1% of pairs are positive and 61.9% are negative. Strong positive correlations (≥0.7) make up 16.3%.
What is the most common correlation range for CTR?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 19.7% of all pairs.
Explore the full interactive correlation distribution for CTR.
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