Cyclacel Pharmaceuticals, Inc (CYCC) Correlation Distribution
Across 6,809 rolling correlation observations between Cyclacel Pharmaceuticals, Inc (CYCC) and other NASDAQ-listed stocks, 68.1% are positive and 31.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.306, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 41% and strong negative correlations (≤−0.7) for 6.4%.
- Total observations
- 6,809
- Mean correlation
- 0.306
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.1%
- Strong positive (≥0.7)
- 41%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 9 | 0.1% | |
| -0.9 to -0.8 | 214 | 3.1% | |
| -0.8 to -0.7 | 214 | 3.1% | |
| -0.7 to -0.6 | 335 | 4.9% | |
| -0.6 to -0.5 | 334 | 4.9% | |
| -0.5 to -0.4 | 236 | 3.5% | |
| -0.4 to -0.3 | 235 | 3.5% | |
| -0.3 to -0.2 | 206 | 3.0% | |
| -0.2 to -0.1 | 206 | 3.0% | |
| -0.1 to 0.0 | 184 | 2.7% | |
| 0.0 to 0.1 | 184 | 2.7% | |
| 0.1 to 0.2 | 200 | 2.9% | |
| 0.2 to 0.3 | 200 | 2.9% | |
| 0.3 to 0.4 | 246 | 3.6% | |
| 0.4 to 0.5 | 246 | 3.6% | |
| 0.5 to 0.6 | 385 | 5.7% | |
| 0.6 to 0.7 | 384 | 5.6% | |
| 0.7 to 0.8 | 941 | 13.8% | |
| 0.8 to 0.9 | 941 | 13.8% | |
| 0.9 to 1.0 | 909 | 13.3% |
Frequently asked questions
What is the average correlation of CYCC?
Cyclacel Pharmaceuticals, Inc (CYCC) has an average correlation of about 0.306 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CYCC positively correlated with other stocks?
Mostly yes — 68.1% of pairs are positive and 31.9% are negative. Strong positive correlations (≥0.7) make up 41%.
What is the most common correlation range for CYCC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.3% of all pairs.
Explore the full interactive correlation distribution for CYCC.
Open interactive dashboard →