Sprinklr, Inc. (CXM) Correlation Distribution
Across 6,806 rolling correlation observations between Sprinklr, Inc. (CXM) and other NASDAQ-listed stocks, 68% are positive and 32% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.221, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 12.5% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,806
- Mean correlation
- 0.221
- Most common range
- 0.5 to 0.6
- Positive pairs
- 68%
- Strong positive (≥0.7)
- 12.5%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 35 | 0.5% | |
| -0.8 to -0.7 | 34 | 0.5% | |
| -0.7 to -0.6 | 249 | 3.7% | |
| -0.6 to -0.5 | 248 | 3.6% | |
| -0.5 to -0.4 | 335 | 4.9% | |
| -0.4 to -0.3 | 334 | 4.9% | |
| -0.3 to -0.2 | 311 | 4.6% | |
| -0.2 to -0.1 | 310 | 4.6% | |
| -0.1 to 0.0 | 321 | 4.7% | |
| 0.0 to 0.1 | 320 | 4.7% | |
| 0.1 to 0.2 | 390 | 5.7% | |
| 0.2 to 0.3 | 390 | 5.7% | |
| 0.3 to 0.4 | 475 | 7.0% | |
| 0.4 to 0.5 | 474 | 7.0% | |
| 0.5 to 0.6 | 865 | 12.7% | |
| 0.6 to 0.7 | 864 | 12.7% | |
| 0.7 to 0.8 | 425 | 6.2% | |
| 0.8 to 0.9 | 424 | 6.2% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of CXM?
Sprinklr, Inc. (CXM) has an average correlation of about 0.221 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is CXM positively correlated with other stocks?
Mostly yes — 68% of pairs are positive and 32% are negative. Strong positive correlations (≥0.7) make up 12.5%.
What is the most common correlation range for CXM?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 30% of all pairs.
Explore the full interactive correlation distribution for CXM.
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