ECARX Holdings Inc. Class A Ordinary shares (ECX) Correlation Distribution
Across 6,309 rolling correlation observations between ECARX Holdings Inc. Class A Ordinary shares (ECX) and other NASDAQ-listed stocks, 50% are positive and 50% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.03, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 19.7% and strong negative correlations (≤−0.7) for 12.4%.
- Total observations
- 6,309
- Mean correlation
- 0.03
- Most common range
- 0.7 to 0.8
- Positive pairs
- 50%
- Strong positive (≥0.7)
- 19.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 7 | 0.1% | |
| -0.9 to -0.8 | 388 | 6.1% | |
| -0.8 to -0.7 | 388 | 6.1% | |
| -0.7 to -0.6 | 465 | 7.4% | |
| -0.6 to -0.5 | 465 | 7.4% | |
| -0.5 to -0.4 | 350 | 5.5% | |
| -0.4 to -0.3 | 349 | 5.5% | |
| -0.3 to -0.2 | 263 | 4.2% | |
| -0.2 to -0.1 | 263 | 4.2% | |
| -0.1 to 0.0 | 215 | 3.4% | |
| 0.0 to 0.1 | 215 | 3.4% | |
| 0.1 to 0.2 | 201 | 3.2% | |
| 0.2 to 0.3 | 200 | 3.2% | |
| 0.3 to 0.4 | 255 | 4.0% | |
| 0.4 to 0.5 | 254 | 4.0% | |
| 0.5 to 0.6 | 394 | 6.2% | |
| 0.6 to 0.7 | 394 | 6.2% | |
| 0.7 to 0.8 | 595 | 9.4% | |
| 0.8 to 0.9 | 594 | 9.4% | |
| 0.9 to 1.0 | 54 | 0.9% |
Frequently asked questions
What is the average correlation of ECX?
ECARX Holdings Inc. Class A Ordinary shares (ECX) has an average correlation of about 0.03 with other NASDAQ stocks, based on 6,309 pairwise observations.
Is ECX positively correlated with other stocks?
Mostly yes — 50% of pairs are positive and 50% are negative. Strong positive correlations (≥0.7) make up 19.7%.
What is the most common correlation range for ECX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.5% of all pairs.
Explore the full interactive correlation distribution for ECX.
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