INCEPTION GROWTH ACQ WTS (IGTAW) Correlation Distribution
Across 5,902 rolling correlation observations between INCEPTION GROWTH ACQ WTS (IGTAW) and other NASDAQ-listed stocks, 70.1% are positive and 29.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.269, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 14.3% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 5,902
- Mean correlation
- 0.269
- Most common range
- 0.5 to 0.6
- Positive pairs
- 70.1%
- Strong positive (≥0.7)
- 14.3%
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 | 3 | 0.1% | |
| -0.7 to -0.6 | 65 | 1.1% | |
| -0.6 to -0.5 | 64 | 1.1% | |
| -0.5 to -0.4 | 302 | 5.1% | |
| -0.4 to -0.3 | 302 | 5.1% | |
| -0.3 to -0.2 | 362 | 6.1% | |
| -0.2 to -0.1 | 361 | 6.1% | |
| -0.1 to 0.0 | 303 | 5.1% | |
| 0.0 to 0.1 | 302 | 5.1% | |
| 0.1 to 0.2 | 302 | 5.1% | |
| 0.2 to 0.3 | 301 | 5.1% | |
| 0.3 to 0.4 | 430 | 7.3% | |
| 0.4 to 0.5 | 430 | 7.3% | |
| 0.5 to 0.6 | 765 | 13.0% | |
| 0.6 to 0.7 | 765 | 13.0% | |
| 0.7 to 0.8 | 421 | 7.1% | |
| 0.8 to 0.9 | 420 | 7.1% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of IGTAW?
INCEPTION GROWTH ACQ WTS (IGTAW) has an average correlation of about 0.269 with other NASDAQ stocks, based on 5,902 pairwise observations.
Is IGTAW positively correlated with other stocks?
Mostly yes — 70.1% of pairs are positive and 29.9% are negative. Strong positive correlations (≥0.7) make up 14.3%.
What is the most common correlation range for IGTAW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.7% of all pairs.
Explore the full interactive correlation distribution for IGTAW.
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