Eve Holding, Inc. (EVEX) Correlation Distribution
Across 6,699 rolling correlation observations between Eve Holding, Inc. (EVEX) and other NASDAQ-listed stocks, 49.4% are positive and 50.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is -0.025, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 6% and strong negative correlations (≤−0.7) for 11.6%.
- Total observations
- 6,699
- Mean correlation
- -0.025
- Most common range
- 0.5 to 0.6
- Positive pairs
- 49.4%
- Strong positive (≥0.7)
- 6%
- Sector
- Aircraft
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 389 | 5.8% | |
| -0.8 to -0.7 | 388 | 5.8% | |
| -0.7 to -0.6 | 482 | 7.2% | |
| -0.6 to -0.5 | 481 | 7.2% | |
| -0.5 to -0.4 | 332 | 5.0% | |
| -0.4 to -0.3 | 331 | 4.9% | |
| -0.3 to -0.2 | 332 | 5.0% | |
| -0.2 to -0.1 | 332 | 5.0% | |
| -0.1 to 0.0 | 321 | 4.8% | |
| 0.0 to 0.1 | 320 | 4.8% | |
| 0.1 to 0.2 | 328 | 4.9% | |
| 0.2 to 0.3 | 327 | 4.9% | |
| 0.3 to 0.4 | 450 | 6.7% | |
| 0.4 to 0.5 | 449 | 6.7% | |
| 0.5 to 0.6 | 515 | 7.7% | |
| 0.6 to 0.7 | 515 | 7.7% | |
| 0.7 to 0.8 | 202 | 3.0% | |
| 0.8 to 0.9 | 202 | 3.0% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of EVEX?
Eve Holding, Inc. (EVEX) has an average correlation of about -0.025 with other NASDAQ stocks, based on 6,699 pairwise observations.
Is EVEX positively correlated with other stocks?
Not predominantly — 49.4% of pairs are positive and 50.6% are negative. Strong positive correlations (≥0.7) make up 6%.
What is the most common correlation range for EVEX?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.3% of all pairs.
Explore the full interactive correlation distribution for EVEX.
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