FUTURETECH II ACQ CRP WTS (FTIIW) Correlation Distribution
Across 5,239 rolling correlation observations between FUTURETECH II ACQ CRP WTS (FTIIW) and other NASDAQ-listed stocks, 61.7% are positive and 38.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.151, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.3% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 5,239
- Mean correlation
- 0.151
- Most common range
- 0.5 to 0.6
- Positive pairs
- 61.7%
- Strong positive (≥0.7)
- 8.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 3 | 0.1% | |
| -0.8 to -0.7 | 2 | 0.0% | |
| -0.7 to -0.6 | 114 | 2.2% | |
| -0.6 to -0.5 | 114 | 2.2% | |
| -0.5 to -0.4 | 430 | 8.2% | |
| -0.4 to -0.3 | 429 | 8.2% | |
| -0.3 to -0.2 | 317 | 6.1% | |
| -0.2 to -0.1 | 316 | 6.0% | |
| -0.1 to 0.0 | 280 | 5.3% | |
| 0.0 to 0.1 | 279 | 5.3% | |
| 0.1 to 0.2 | 360 | 6.9% | |
| 0.2 to 0.3 | 360 | 6.9% | |
| 0.3 to 0.4 | 421 | 8.0% | |
| 0.4 to 0.5 | 421 | 8.0% | |
| 0.5 to 0.6 | 480 | 9.2% | |
| 0.6 to 0.7 | 479 | 9.1% | |
| 0.7 to 0.8 | 217 | 4.1% | |
| 0.8 to 0.9 | 217 | 4.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of FTIIW?
FUTURETECH II ACQ CRP WTS (FTIIW) has an average correlation of about 0.151 with other NASDAQ stocks, based on 5,239 pairwise observations.
Is FTIIW positively correlated with other stocks?
Mostly yes — 61.7% of pairs are positive and 38.3% are negative. Strong positive correlations (≥0.7) make up 8.3%.
What is the most common correlation range for FTIIW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 36.5% of all pairs.
Explore the full interactive correlation distribution for FTIIW.
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