Immutep Limited American Depositary Shares (IMMP) Correlation Distribution
Across 6,807 rolling correlation observations between Immutep Limited American Depositary Shares (IMMP) and other NASDAQ-listed stocks, 75.4% are positive and 24.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.315, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 15.2% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,807
- Mean correlation
- 0.315
- Most common range
- 0.5 to 0.6
- Positive pairs
- 75.4%
- Strong positive (≥0.7)
- 15.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 34 | 0.5% | |
| -0.6 to -0.5 | 33 | 0.5% | |
| -0.5 to -0.4 | 148 | 2.2% | |
| -0.4 to -0.3 | 148 | 2.2% | |
| -0.3 to -0.2 | 451 | 6.6% | |
| -0.2 to -0.1 | 451 | 6.6% | |
| -0.1 to 0.0 | 404 | 5.9% | |
| 0.0 to 0.1 | 403 | 5.9% | |
| 0.1 to 0.2 | 419 | 6.2% | |
| 0.2 to 0.3 | 418 | 6.1% | |
| 0.3 to 0.4 | 566 | 8.3% | |
| 0.4 to 0.5 | 566 | 8.3% | |
| 0.5 to 0.6 | 866 | 12.7% | |
| 0.6 to 0.7 | 865 | 12.7% | |
| 0.7 to 0.8 | 509 | 7.5% | |
| 0.8 to 0.9 | 508 | 7.5% | |
| 0.9 to 1.0 | 15 | 0.2% |
Frequently asked questions
What is the average correlation of IMMP?
Immutep Limited American Depositary Shares (IMMP) has an average correlation of about 0.315 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is IMMP positively correlated with other stocks?
Mostly yes — 75.4% of pairs are positive and 24.6% are negative. Strong positive correlations (≥0.7) make up 15.2%.
What is the most common correlation range for IMMP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 37.4% of all pairs.
Explore the full interactive correlation distribution for IMMP.
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