Immatics N.V. Warrants (IMTXW) Correlation Distribution
Across 6,679 rolling correlation observations between Immatics N.V. Warrants (IMTXW) and other NASDAQ-listed stocks, 64.2% are positive and 35.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.087, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.4% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,679
- Mean correlation
- 0.087
- Most common range
- 0.3 to 0.4
- Positive pairs
- 64.2%
- Strong positive (≥0.7)
- 0.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 31 | 0.5% | |
| -0.8 to -0.7 | 31 | 0.5% | |
| -0.7 to -0.6 | 278 | 4.2% | |
| -0.6 to -0.5 | 278 | 4.2% | |
| -0.5 to -0.4 | 330 | 4.9% | |
| -0.4 to -0.3 | 329 | 4.9% | |
| -0.3 to -0.2 | 340 | 5.1% | |
| -0.2 to -0.1 | 340 | 5.1% | |
| -0.1 to 0.0 | 432 | 6.5% | |
| 0.0 to 0.1 | 431 | 6.5% | |
| 0.1 to 0.2 | 658 | 9.9% | |
| 0.2 to 0.3 | 658 | 9.9% | |
| 0.3 to 0.4 | 1,063 | 15.9% | |
| 0.4 to 0.5 | 1,062 | 15.9% | |
| 0.5 to 0.6 | 193 | 2.9% | |
| 0.6 to 0.7 | 193 | 2.9% | |
| 0.7 to 0.8 | 15 | 0.2% | |
| 0.8 to 0.9 | 14 | 0.2% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of IMTXW?
Immatics N.V. Warrants (IMTXW) has an average correlation of about 0.087 with other NASDAQ stocks, based on 6,679 pairwise observations.
Is IMTXW positively correlated with other stocks?
Mostly yes — 64.2% of pairs are positive and 35.8% are negative. Strong positive correlations (≥0.7) make up 0.4%.
What is the most common correlation range for IMTXW?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 42.8% of all pairs.
Explore the full interactive correlation distribution for IMTXW.
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