Amicus Therapeutics, Inc (FOLD) Correlation Distribution
Across 6,809 rolling correlation observations between Amicus Therapeutics, Inc (FOLD) and other NASDAQ-listed stocks, 46.7% are positive and 53.3% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.031, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.5% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- -0.031
- Most common range
- -0.5 to -0.4
- Positive pairs
- 46.7%
- Strong positive (≥0.7)
- 0.5%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 17 | 0.2% | |
| -0.8 to -0.7 | 16 | 0.2% | |
| -0.7 to -0.6 | 286 | 4.2% | |
| -0.6 to -0.5 | 285 | 4.2% | |
| -0.5 to -0.4 | 652 | 9.6% | |
| -0.4 to -0.3 | 652 | 9.6% | |
| -0.3 to -0.2 | 570 | 8.4% | |
| -0.2 to -0.1 | 569 | 8.4% | |
| -0.1 to 0.0 | 585 | 8.6% | |
| 0.0 to 0.1 | 584 | 8.6% | |
| 0.1 to 0.2 | 567 | 8.3% | |
| 0.2 to 0.3 | 566 | 8.3% | |
| 0.3 to 0.4 | 506 | 7.4% | |
| 0.4 to 0.5 | 506 | 7.4% | |
| 0.5 to 0.6 | 206 | 3.0% | |
| 0.6 to 0.7 | 206 | 3.0% | |
| 0.7 to 0.8 | 18 | 0.3% | |
| 0.8 to 0.9 | 18 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of FOLD?
Amicus Therapeutics, Inc (FOLD) has an average correlation of about -0.031 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FOLD positively correlated with other stocks?
Not predominantly — 46.7% of pairs are positive and 53.3% are negative. Strong positive correlations (≥0.7) make up 0.5%.
What is the most common correlation range for FOLD?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 50.5% of all pairs.
Explore the full interactive correlation distribution for FOLD.
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