CPI Aerostructures, Inc. (CVU) Correlation Distribution
Across 6,750 rolling correlation observations between CPI Aerostructures, Inc. (CVU) and other NASDAQ-listed stocks, 64.9% are positive and 35.1% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.085, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.1% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,750
- Mean correlation
- 0.085
- Most common range
- 0.1 to 0.2
- Positive pairs
- 64.9%
- Strong positive (≥0.7)
- 0.1%
- Sector
- Aircraft Parts & Auxiliary Equipment, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 16 | 0.2% | |
| -0.6 to -0.5 | 16 | 0.2% | |
| -0.5 to -0.4 | 105 | 1.6% | |
| -0.4 to -0.3 | 104 | 1.5% | |
| -0.3 to -0.2 | 526 | 7.8% | |
| -0.2 to -0.1 | 526 | 7.8% | |
| -0.1 to 0.0 | 1,074 | 15.9% | |
| 0.0 to 0.1 | 1,074 | 15.9% | |
| 0.1 to 0.2 | 1,171 | 17.3% | |
| 0.2 to 0.3 | 1,171 | 17.3% | |
| 0.3 to 0.4 | 402 | 6.0% | |
| 0.4 to 0.5 | 401 | 5.9% | |
| 0.5 to 0.6 | 77 | 1.1% | |
| 0.6 to 0.7 | 76 | 1.1% | |
| 0.7 to 0.8 | 5 | 0.1% | |
| 0.8 to 0.9 | 4 | 0.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CVU?
CPI Aerostructures, Inc. (CVU) has an average correlation of about 0.085 with other NASDAQ stocks, based on 6,750 pairwise observations.
Is CVU positively correlated with other stocks?
Mostly yes — 64.9% of pairs are positive and 35.1% are negative. Strong positive correlations (≥0.7) make up 0.1%.
What is the most common correlation range for CVU?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 82.1% of all pairs.
Explore the full interactive correlation distribution for CVU.
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