IPVF (IPVF) Correlation Distribution
Across 5,966 rolling correlation observations between IPVF (IPVF) and other NASDAQ-listed stocks, 25.4% are positive and 74.6% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.229, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 7.4% and strong negative correlations (≤−0.7) for 6.8%.
- Total observations
- 5,966
- Mean correlation
- -0.229
- Most common range
- -0.7 to -0.6
- Positive pairs
- 25.4%
- Strong positive (≥0.7)
- 7.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.1% | |
| -0.9 to -0.8 | 201 | 3.4% | |
| -0.8 to -0.7 | 201 | 3.4% | |
| -0.7 to -0.6 | 837 | 14.0% | |
| -0.6 to -0.5 | 837 | 14.0% | |
| -0.5 to -0.4 | 790 | 13.2% | |
| -0.4 to -0.3 | 789 | 13.2% | |
| -0.3 to -0.2 | 308 | 5.2% | |
| -0.2 to -0.1 | 307 | 5.1% | |
| -0.1 to 0.0 | 180 | 3.0% | |
| 0.0 to 0.1 | 179 | 3.0% | |
| 0.1 to 0.2 | 150 | 2.5% | |
| 0.2 to 0.3 | 150 | 2.5% | |
| 0.3 to 0.4 | 147 | 2.5% | |
| 0.4 to 0.5 | 147 | 2.5% | |
| 0.5 to 0.6 | 151 | 2.5% | |
| 0.6 to 0.7 | 150 | 2.5% | |
| 0.7 to 0.8 | 199 | 3.3% | |
| 0.8 to 0.9 | 198 | 3.3% | |
| 0.9 to 1.0 | 42 | 0.7% |
Frequently asked questions
What is the average correlation of IPVF?
IPVF (IPVF) has an average correlation of about -0.229 with other NASDAQ stocks, based on 5,966 pairwise observations.
Is IPVF positively correlated with other stocks?
Not predominantly — 25.4% of pairs are positive and 74.6% are negative. Strong positive correlations (≥0.7) make up 7.4%.
What is the most common correlation range for IPVF?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.4% of all pairs.
Explore the full interactive correlation distribution for IPVF.
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