Evolv Technologies Holdings, Inc. Class A Common Stock (EVLV) Correlation Distribution
Across 6,804 rolling correlation observations between Evolv Technologies Holdings, Inc. Class A Common Stock (EVLV) and other NASDAQ-listed stocks, 69.3% are positive and 30.7% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.164, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 0.6% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,804
- Mean correlation
- 0.164
- Most common range
- 0.3 to 0.4
- Positive pairs
- 69.3%
- Strong positive (≥0.7)
- 0.6%
- Sector
- Computer Peripheral Equipment, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 37 | 0.5% | |
| -0.6 to -0.5 | 36 | 0.5% | |
| -0.5 to -0.4 | 187 | 2.7% | |
| -0.4 to -0.3 | 186 | 2.7% | |
| -0.3 to -0.2 | 475 | 7.0% | |
| -0.2 to -0.1 | 474 | 7.0% | |
| -0.1 to 0.0 | 693 | 10.2% | |
| 0.0 to 0.1 | 692 | 10.2% | |
| 0.1 to 0.2 | 745 | 10.9% | |
| 0.2 to 0.3 | 745 | 10.9% | |
| 0.3 to 0.4 | 808 | 11.9% | |
| 0.4 to 0.5 | 808 | 11.9% | |
| 0.5 to 0.6 | 436 | 6.4% | |
| 0.6 to 0.7 | 436 | 6.4% | |
| 0.7 to 0.8 | 22 | 0.3% | |
| 0.8 to 0.9 | 22 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of EVLV?
Evolv Technologies Holdings, Inc. Class A Common Stock (EVLV) has an average correlation of about 0.164 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is EVLV positively correlated with other stocks?
Mostly yes — 69.3% of pairs are positive and 30.7% are negative. Strong positive correlations (≥0.7) make up 0.6%.
What is the most common correlation range for EVLV?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 56.2% of all pairs.
Explore the full interactive correlation distribution for EVLV.
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