IN8bio, Inc. Common Stock (INAB) Correlation Distribution
Across 6,803 rolling correlation observations between IN8bio, Inc. Common Stock (INAB) and other NASDAQ-listed stocks, 70.3% are positive and 29.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.329, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 39.7% and strong negative correlations (≤−0.7) for 4.1%.
- Total observations
- 6,803
- Mean correlation
- 0.329
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.3%
- Strong positive (≥0.7)
- 39.7%
- Sector
- Biological Products, (No Disgnostic Substances)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 140 | 2.1% | |
| -0.8 to -0.7 | 139 | 2.0% | |
| -0.7 to -0.6 | 330 | 4.9% | |
| -0.6 to -0.5 | 330 | 4.9% | |
| -0.5 to -0.4 | 256 | 3.8% | |
| -0.4 to -0.3 | 256 | 3.8% | |
| -0.3 to -0.2 | 191 | 2.8% | |
| -0.2 to -0.1 | 190 | 2.8% | |
| -0.1 to 0.0 | 191 | 2.8% | |
| 0.0 to 0.1 | 190 | 2.8% | |
| 0.1 to 0.2 | 215 | 3.2% | |
| 0.2 to 0.3 | 214 | 3.1% | |
| 0.3 to 0.4 | 286 | 4.2% | |
| 0.4 to 0.5 | 286 | 4.2% | |
| 0.5 to 0.6 | 444 | 6.5% | |
| 0.6 to 0.7 | 443 | 6.5% | |
| 0.7 to 0.8 | 920 | 13.5% | |
| 0.8 to 0.9 | 920 | 13.5% | |
| 0.9 to 1.0 | 862 | 12.7% |
Frequently asked questions
What is the average correlation of INAB?
IN8bio, Inc. Common Stock (INAB) has an average correlation of about 0.329 with other NASDAQ stocks, based on 6,803 pairwise observations.
Is INAB positively correlated with other stocks?
Mostly yes — 70.3% of pairs are positive and 29.7% are negative. Strong positive correlations (≥0.7) make up 39.7%.
What is the most common correlation range for INAB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.5% of all pairs.
Explore the full interactive correlation distribution for INAB.
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