Data I/O Corp (DAIO) Correlation Distribution
Across 6,809 rolling correlation observations between Data I/O Corp (DAIO) and other NASDAQ-listed stocks, 70.2% are positive and 29.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.269, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 20.1% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,809
- Mean correlation
- 0.269
- Most common range
- 0.5 to 0.6
- Positive pairs
- 70.2%
- Strong positive (≥0.7)
- 20.1%
- Sector
- Instruments For Meas & Testing Of Electricity & Elec Signals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 26 | 0.4% | |
| -0.8 to -0.7 | 26 | 0.4% | |
| -0.7 to -0.6 | 282 | 4.1% | |
| -0.6 to -0.5 | 282 | 4.1% | |
| -0.5 to -0.4 | 310 | 4.6% | |
| -0.4 to -0.3 | 310 | 4.6% | |
| -0.3 to -0.2 | 272 | 4.0% | |
| -0.2 to -0.1 | 272 | 4.0% | |
| -0.1 to 0.0 | 246 | 3.6% | |
| 0.0 to 0.1 | 245 | 3.6% | |
| 0.1 to 0.2 | 303 | 4.4% | |
| 0.2 to 0.3 | 303 | 4.4% | |
| 0.3 to 0.4 | 471 | 6.9% | |
| 0.4 to 0.5 | 470 | 6.9% | |
| 0.5 to 0.6 | 810 | 11.9% | |
| 0.6 to 0.7 | 809 | 11.9% | |
| 0.7 to 0.8 | 683 | 10.0% | |
| 0.8 to 0.9 | 683 | 10.0% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of DAIO?
Data I/O Corp (DAIO) has an average correlation of about 0.269 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DAIO positively correlated with other stocks?
Mostly yes — 70.2% of pairs are positive and 29.8% are negative. Strong positive correlations (≥0.7) make up 20.1%.
What is the most common correlation range for DAIO?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 24.1% of all pairs.
Explore the full interactive correlation distribution for DAIO.
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