T Stamp Inc. Class A Common Stock (IDAI) Correlation Distribution
Across 6,784 rolling correlation observations between T Stamp Inc. Class A Common Stock (IDAI) and other NASDAQ-listed stocks, 66.7% are positive and 33.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.269, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.7% and strong negative correlations (≤−0.7) for 2.8%.
- Total observations
- 6,784
- Mean correlation
- 0.269
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.7%
- Strong positive (≥0.7)
- 31.7%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 96 | 1.4% | |
| -0.8 to -0.7 | 96 | 1.4% | |
| -0.7 to -0.6 | 337 | 5.0% | |
| -0.6 to -0.5 | 337 | 5.0% | |
| -0.5 to -0.4 | 334 | 4.9% | |
| -0.4 to -0.3 | 334 | 4.9% | |
| -0.3 to -0.2 | 245 | 3.6% | |
| -0.2 to -0.1 | 244 | 3.6% | |
| -0.1 to 0.0 | 237 | 3.5% | |
| 0.0 to 0.1 | 237 | 3.5% | |
| 0.1 to 0.2 | 221 | 3.3% | |
| 0.2 to 0.3 | 220 | 3.2% | |
| 0.3 to 0.4 | 334 | 4.9% | |
| 0.4 to 0.5 | 333 | 4.9% | |
| 0.5 to 0.6 | 514 | 7.6% | |
| 0.6 to 0.7 | 514 | 7.6% | |
| 0.7 to 0.8 | 888 | 13.1% | |
| 0.8 to 0.9 | 887 | 13.1% | |
| 0.9 to 1.0 | 376 | 5.5% |
Frequently asked questions
What is the average correlation of IDAI?
T Stamp Inc. Class A Common Stock (IDAI) has an average correlation of about 0.269 with other NASDAQ stocks, based on 6,784 pairwise observations.
Is IDAI positively correlated with other stocks?
Mostly yes — 66.7% of pairs are positive and 33.3% are negative. Strong positive correlations (≥0.7) make up 31.7%.
What is the most common correlation range for IDAI?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.7% of all pairs.
Explore the full interactive correlation distribution for IDAI.
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