Daxor Corporation Common Stock (DXR) Correlation Distribution
Across 6,765 rolling correlation observations between Daxor Corporation Common Stock (DXR) and other NASDAQ-listed stocks, 57% are positive and 43% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.033, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3.5% and strong negative correlations (≤−0.7) for 7.5%.
- Total observations
- 6,765
- Mean correlation
- 0.033
- Most common range
- 0.3 to 0.4
- Positive pairs
- 57%
- Strong positive (≥0.7)
- 3.5%
- Sector
- Surgical & Medical Instruments & Apparatus
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 253 | 3.7% | |
| -0.8 to -0.7 | 252 | 3.7% | |
| -0.7 to -0.6 | 482 | 7.1% | |
| -0.6 to -0.5 | 481 | 7.1% | |
| -0.5 to -0.4 | 302 | 4.5% | |
| -0.4 to -0.3 | 302 | 4.5% | |
| -0.3 to -0.2 | 272 | 4.0% | |
| -0.2 to -0.1 | 271 | 4.0% | |
| -0.1 to 0.0 | 294 | 4.3% | |
| 0.0 to 0.1 | 294 | 4.3% | |
| 0.1 to 0.2 | 449 | 6.6% | |
| 0.2 to 0.3 | 448 | 6.6% | |
| 0.3 to 0.4 | 680 | 10.1% | |
| 0.4 to 0.5 | 680 | 10.1% | |
| 0.5 to 0.6 | 536 | 7.9% | |
| 0.6 to 0.7 | 535 | 7.9% | |
| 0.7 to 0.8 | 117 | 1.7% | |
| 0.8 to 0.9 | 117 | 1.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of DXR?
Daxor Corporation Common Stock (DXR) has an average correlation of about 0.033 with other NASDAQ stocks, based on 6,765 pairwise observations.
Is DXR positively correlated with other stocks?
Mostly yes — 57% of pairs are positive and 43% are negative. Strong positive correlations (≥0.7) make up 3.5%.
What is the most common correlation range for DXR?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 30% of all pairs.
Explore the full interactive correlation distribution for DXR.
Open interactive dashboard →