Evolv Technologies Holdings, Inc. Warrant (EVLVW) Correlation Distribution
Across 6,794 rolling correlation observations between Evolv Technologies Holdings, Inc. Warrant (EVLVW) and other NASDAQ-listed stocks, 64.9% are positive and 35.1% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.144, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.5% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,794
- Mean correlation
- 0.144
- Most common range
- 0.3 to 0.4
- Positive pairs
- 64.9%
- Strong positive (≥0.7)
- 1.5%
- 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 | 5 | 0.1% | |
| -0.8 to -0.7 | 5 | 0.1% | |
| -0.7 to -0.6 | 109 | 1.6% | |
| -0.6 to -0.5 | 109 | 1.6% | |
| -0.5 to -0.4 | 442 | 6.5% | |
| -0.4 to -0.3 | 442 | 6.5% | |
| -0.3 to -0.2 | 416 | 6.1% | |
| -0.2 to -0.1 | 416 | 6.1% | |
| -0.1 to 0.0 | 441 | 6.5% | |
| 0.0 to 0.1 | 441 | 6.5% | |
| 0.1 to 0.2 | 544 | 8.0% | |
| 0.2 to 0.3 | 544 | 8.0% | |
| 0.3 to 0.4 | 822 | 12.1% | |
| 0.4 to 0.5 | 822 | 12.1% | |
| 0.5 to 0.6 | 566 | 8.3% | |
| 0.6 to 0.7 | 565 | 8.3% | |
| 0.7 to 0.8 | 52 | 0.8% | |
| 0.8 to 0.9 | 52 | 0.8% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of EVLVW?
Evolv Technologies Holdings, Inc. Warrant (EVLVW) has an average correlation of about 0.144 with other NASDAQ stocks, based on 6,794 pairwise observations.
Is EVLVW positively correlated with other stocks?
Mostly yes — 64.9% of pairs are positive and 35.1% are negative. Strong positive correlations (≥0.7) make up 1.5%.
What is the most common correlation range for EVLVW?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 41.2% of all pairs.
Explore the full interactive correlation distribution for EVLVW.
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