Dragonfly Energy Holdings Corp. Warrant (DFLIW) Correlation Distribution
Across 6,301 rolling correlation observations between Dragonfly Energy Holdings Corp. Warrant (DFLIW) and other NASDAQ-listed stocks, 53% are positive and 47% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.07, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 20.7% and strong negative correlations (≤−0.7) for 9.1%.
- Total observations
- 6,301
- Mean correlation
- 0.07
- Most common range
- 0.7 to 0.8
- Positive pairs
- 53%
- Strong positive (≥0.7)
- 20.7%
- Sector
- Miscellaneous Electrical Machinery, Equipment & Supplies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 286 | 4.5% | |
| -0.8 to -0.7 | 285 | 4.5% | |
| -0.7 to -0.6 | 473 | 7.5% | |
| -0.6 to -0.5 | 472 | 7.5% | |
| -0.5 to -0.4 | 330 | 5.2% | |
| -0.4 to -0.3 | 329 | 5.2% | |
| -0.3 to -0.2 | 264 | 4.2% | |
| -0.2 to -0.1 | 263 | 4.2% | |
| -0.1 to 0.0 | 257 | 4.1% | |
| 0.0 to 0.1 | 256 | 4.1% | |
| 0.1 to 0.2 | 218 | 3.5% | |
| 0.2 to 0.3 | 218 | 3.5% | |
| 0.3 to 0.4 | 278 | 4.4% | |
| 0.4 to 0.5 | 278 | 4.4% | |
| 0.5 to 0.6 | 396 | 6.3% | |
| 0.6 to 0.7 | 396 | 6.3% | |
| 0.7 to 0.8 | 627 | 10.0% | |
| 0.8 to 0.9 | 627 | 10.0% | |
| 0.9 to 1.0 | 48 | 0.8% |
Frequently asked questions
What is the average correlation of DFLIW?
Dragonfly Energy Holdings Corp. Warrant (DFLIW) has an average correlation of about 0.07 with other NASDAQ stocks, based on 6,301 pairwise observations.
Is DFLIW positively correlated with other stocks?
Mostly yes — 53% of pairs are positive and 47% are negative. Strong positive correlations (≥0.7) make up 20.7%.
What is the most common correlation range for DFLIW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.4% of all pairs.
Explore the full interactive correlation distribution for DFLIW.
Open interactive dashboard →