Dare Bioscience, Inc. Common Stock (DARE) Correlation Distribution
Across 6,809 rolling correlation observations between Dare Bioscience, Inc. Common Stock (DARE) and other NASDAQ-listed stocks, 68.2% are positive and 31.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.256, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.7% and strong negative correlations (≤−0.7) for 8.8%.
- Total observations
- 6,809
- Mean correlation
- 0.256
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.2%
- Strong positive (≥0.7)
- 31.7%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 40 | 0.6% | |
| -0.9 to -0.8 | 280 | 4.1% | |
| -0.8 to -0.7 | 280 | 4.1% | |
| -0.7 to -0.6 | 296 | 4.3% | |
| -0.6 to -0.5 | 295 | 4.3% | |
| -0.5 to -0.4 | 200 | 2.9% | |
| -0.4 to -0.3 | 200 | 2.9% | |
| -0.3 to -0.2 | 190 | 2.8% | |
| -0.2 to -0.1 | 189 | 2.8% | |
| -0.1 to 0.0 | 197 | 2.9% | |
| 0.0 to 0.1 | 197 | 2.9% | |
| 0.1 to 0.2 | 218 | 3.2% | |
| 0.2 to 0.3 | 217 | 3.2% | |
| 0.3 to 0.4 | 307 | 4.5% | |
| 0.4 to 0.5 | 306 | 4.5% | |
| 0.5 to 0.6 | 619 | 9.1% | |
| 0.6 to 0.7 | 619 | 9.1% | |
| 0.7 to 0.8 | 1,022 | 15.0% | |
| 0.8 to 0.9 | 1,022 | 15.0% | |
| 0.9 to 1.0 | 115 | 1.7% |
Frequently asked questions
What is the average correlation of DARE?
Dare Bioscience, Inc. Common Stock (DARE) has an average correlation of about 0.256 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DARE positively correlated with other stocks?
Mostly yes — 68.2% of pairs are positive and 31.8% are negative. Strong positive correlations (≥0.7) make up 31.7%.
What is the most common correlation range for DARE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.7% of all pairs.
Explore the full interactive correlation distribution for DARE.
Open interactive dashboard →