INCEPTION GROWTH ACQ LTD (IGTA) Correlation Distribution
Across 6,376 rolling correlation observations between INCEPTION GROWTH ACQ LTD (IGTA) and other NASDAQ-listed stocks, 41.5% are positive and 58.5% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.085, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.8% and strong negative correlations (≤−0.7) for 17.9%.
- Total observations
- 6,376
- Mean correlation
- -0.085
- Most common range
- -0.9 to -0.8
- Positive pairs
- 41.5%
- Strong positive (≥0.7)
- 15.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 27 | 0.4% | |
| -0.9 to -0.8 | 557 | 8.7% | |
| -0.8 to -0.7 | 557 | 8.7% | |
| -0.7 to -0.6 | 554 | 8.7% | |
| -0.6 to -0.5 | 553 | 8.7% | |
| -0.5 to -0.4 | 361 | 5.7% | |
| -0.4 to -0.3 | 361 | 5.7% | |
| -0.3 to -0.2 | 269 | 4.2% | |
| -0.2 to -0.1 | 269 | 4.2% | |
| -0.1 to 0.0 | 223 | 3.5% | |
| 0.0 to 0.1 | 223 | 3.5% | |
| 0.1 to 0.2 | 210 | 3.3% | |
| 0.2 to 0.3 | 209 | 3.3% | |
| 0.3 to 0.4 | 209 | 3.3% | |
| 0.4 to 0.5 | 209 | 3.3% | |
| 0.5 to 0.6 | 290 | 4.5% | |
| 0.6 to 0.7 | 289 | 4.5% | |
| 0.7 to 0.8 | 402 | 6.3% | |
| 0.8 to 0.9 | 401 | 6.3% | |
| 0.9 to 1.0 | 203 | 3.2% |
Frequently asked questions
What is the average correlation of IGTA?
INCEPTION GROWTH ACQ LTD (IGTA) has an average correlation of about -0.085 with other NASDAQ stocks, based on 6,376 pairwise observations.
Is IGTA positively correlated with other stocks?
Not predominantly — 41.5% of pairs are positive and 58.5% are negative. Strong positive correlations (≥0.7) make up 15.8%.
What is the most common correlation range for IGTA?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 22% of all pairs.
Explore the full interactive correlation distribution for IGTA.
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