Evoke Pharma, Inc. (EVOK) Correlation Distribution
Across 6,809 rolling correlation observations between Evoke Pharma, Inc. (EVOK) and other NASDAQ-listed stocks, 60.4% are positive and 39.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.166, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 25.3% and strong negative correlations (≤−0.7) for 8.3%.
- Total observations
- 6,809
- Mean correlation
- 0.166
- Most common range
- 0.7 to 0.8
- Positive pairs
- 60.4%
- Strong positive (≥0.7)
- 25.3%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 277 | 4.1% | |
| -0.8 to -0.7 | 276 | 4.1% | |
| -0.7 to -0.6 | 410 | 6.0% | |
| -0.6 to -0.5 | 410 | 6.0% | |
| -0.5 to -0.4 | 301 | 4.4% | |
| -0.4 to -0.3 | 300 | 4.4% | |
| -0.3 to -0.2 | 234 | 3.4% | |
| -0.2 to -0.1 | 233 | 3.4% | |
| -0.1 to 0.0 | 238 | 3.5% | |
| 0.0 to 0.1 | 237 | 3.5% | |
| 0.1 to 0.2 | 236 | 3.5% | |
| 0.2 to 0.3 | 236 | 3.5% | |
| 0.3 to 0.4 | 332 | 4.9% | |
| 0.4 to 0.5 | 332 | 4.9% | |
| 0.5 to 0.6 | 509 | 7.5% | |
| 0.6 to 0.7 | 509 | 7.5% | |
| 0.7 to 0.8 | 651 | 9.6% | |
| 0.8 to 0.9 | 650 | 9.5% | |
| 0.9 to 1.0 | 423 | 6.2% |
Frequently asked questions
What is the average correlation of EVOK?
Evoke Pharma, Inc. (EVOK) has an average correlation of about 0.166 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EVOK positively correlated with other stocks?
Mostly yes — 60.4% of pairs are positive and 39.6% are negative. Strong positive correlations (≥0.7) make up 25.3%.
What is the most common correlation range for EVOK?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.8% of all pairs.
Explore the full interactive correlation distribution for EVOK.
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