ICVX (ICVX) Correlation Distribution
Across 6,519 rolling correlation observations between ICVX (ICVX) and other NASDAQ-listed stocks, 77.5% are positive and 22.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.387, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 35.5% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,519
- Mean correlation
- 0.387
- Most common range
- 0.7 to 0.8
- Positive pairs
- 77.5%
- Strong positive (≥0.7)
- 35.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 46 | 0.7% | |
| -0.8 to -0.7 | 45 | 0.7% | |
| -0.7 to -0.6 | 108 | 1.7% | |
| -0.6 to -0.5 | 108 | 1.7% | |
| -0.5 to -0.4 | 220 | 3.4% | |
| -0.4 to -0.3 | 220 | 3.4% | |
| -0.3 to -0.2 | 239 | 3.7% | |
| -0.2 to -0.1 | 238 | 3.7% | |
| -0.1 to 0.0 | 245 | 3.8% | |
| 0.0 to 0.1 | 245 | 3.8% | |
| 0.1 to 0.2 | 294 | 4.5% | |
| 0.2 to 0.3 | 293 | 4.5% | |
| 0.3 to 0.4 | 361 | 5.5% | |
| 0.4 to 0.5 | 360 | 5.5% | |
| 0.5 to 0.6 | 593 | 9.1% | |
| 0.6 to 0.7 | 592 | 9.1% | |
| 0.7 to 0.8 | 1,055 | 16.2% | |
| 0.8 to 0.9 | 1,054 | 16.2% | |
| 0.9 to 1.0 | 202 | 3.1% |
Frequently asked questions
What is the average correlation of ICVX?
ICVX (ICVX) has an average correlation of about 0.387 with other NASDAQ stocks, based on 6,519 pairwise observations.
Is ICVX positively correlated with other stocks?
Mostly yes — 77.5% of pairs are positive and 22.5% are negative. Strong positive correlations (≥0.7) make up 35.5%.
What is the most common correlation range for ICVX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.8% of all pairs.
Explore the full interactive correlation distribution for ICVX.
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