Innoviz Technologies Ltd. Ordinary shares (INVZ) Correlation Distribution
Across 6,806 rolling correlation observations between Innoviz Technologies Ltd. Ordinary shares (INVZ) and other NASDAQ-listed stocks, 69% are positive and 31% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.275, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.3% and strong negative correlations (≤−0.7) for 7.5%.
- Total observations
- 6,806
- Mean correlation
- 0.275
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69%
- Strong positive (≥0.7)
- 34.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 9 | 0.1% | |
| -0.9 to -0.8 | 250 | 3.7% | |
| -0.8 to -0.7 | 249 | 3.7% | |
| -0.7 to -0.6 | 321 | 4.7% | |
| -0.6 to -0.5 | 320 | 4.7% | |
| -0.5 to -0.4 | 199 | 2.9% | |
| -0.4 to -0.3 | 199 | 2.9% | |
| -0.3 to -0.2 | 187 | 2.7% | |
| -0.2 to -0.1 | 187 | 2.7% | |
| -0.1 to 0.0 | 186 | 2.7% | |
| 0.0 to 0.1 | 186 | 2.7% | |
| 0.1 to 0.2 | 231 | 3.4% | |
| 0.2 to 0.3 | 230 | 3.4% | |
| 0.3 to 0.4 | 303 | 4.5% | |
| 0.4 to 0.5 | 303 | 4.5% | |
| 0.5 to 0.6 | 557 | 8.2% | |
| 0.6 to 0.7 | 557 | 8.2% | |
| 0.7 to 0.8 | 1,074 | 15.8% | |
| 0.8 to 0.9 | 1,073 | 15.8% | |
| 0.9 to 1.0 | 185 | 2.7% |
Frequently asked questions
What is the average correlation of INVZ?
Innoviz Technologies Ltd. Ordinary shares (INVZ) has an average correlation of about 0.275 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is INVZ positively correlated with other stocks?
Mostly yes — 69% of pairs are positive and 31% are negative. Strong positive correlations (≥0.7) make up 34.3%.
What is the most common correlation range for INVZ?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.7% of all pairs.
Explore the full interactive correlation distribution for INVZ.
Open interactive dashboard →