CaliberCos Inc. Class A Common Stock (CWD) Correlation Distribution
Across 6,024 rolling correlation observations between CaliberCos Inc. Class A Common Stock (CWD) and other NASDAQ-listed stocks, 47.2% are positive and 52.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.007, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 14.9% and strong negative correlations (≤−0.7) for 8.9%.
- Total observations
- 6,024
- Mean correlation
- -0.007
- Most common range
- -0.7 to -0.6
- Positive pairs
- 47.2%
- Strong positive (≥0.7)
- 14.9%
- Sector
- Real Estate
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 268 | 4.4% | |
| -0.8 to -0.7 | 268 | 4.4% | |
| -0.7 to -0.6 | 588 | 9.8% | |
| -0.6 to -0.5 | 588 | 9.8% | |
| -0.5 to -0.4 | 361 | 6.0% | |
| -0.4 to -0.3 | 361 | 6.0% | |
| -0.3 to -0.2 | 267 | 4.4% | |
| -0.2 to -0.1 | 267 | 4.4% | |
| -0.1 to 0.0 | 209 | 3.5% | |
| 0.0 to 0.1 | 208 | 3.5% | |
| 0.1 to 0.2 | 206 | 3.4% | |
| 0.2 to 0.3 | 205 | 3.4% | |
| 0.3 to 0.4 | 271 | 4.5% | |
| 0.4 to 0.5 | 270 | 4.5% | |
| 0.5 to 0.6 | 393 | 6.5% | |
| 0.6 to 0.7 | 392 | 6.5% | |
| 0.7 to 0.8 | 447 | 7.4% | |
| 0.8 to 0.9 | 447 | 7.4% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of CWD?
CaliberCos Inc. Class A Common Stock (CWD) has an average correlation of about -0.007 with other NASDAQ stocks, based on 6,024 pairwise observations.
Is CWD positively correlated with other stocks?
Not predominantly — 47.2% of pairs are positive and 52.8% are negative. Strong positive correlations (≥0.7) make up 14.9%.
What is the most common correlation range for CWD?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 22.6% of all pairs.
Explore the full interactive correlation distribution for CWD.
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