ADAMAS ONE CORP (JEWL) Correlation Distribution
Across 6,332 rolling correlation observations between ADAMAS ONE CORP (JEWL) and other NASDAQ-listed stocks, 52.2% are positive and 47.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is 0.063, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.8% and strong negative correlations (≤−0.7) for 5.4%.
- Total observations
- 6,332
- Mean correlation
- 0.063
- Most common range
- -0.7 to -0.6
- Positive pairs
- 52.2%
- Strong positive (≥0.7)
- 16.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 168 | 2.7% | |
| -0.8 to -0.7 | 168 | 2.7% | |
| -0.7 to -0.6 | 532 | 8.4% | |
| -0.6 to -0.5 | 532 | 8.4% | |
| -0.5 to -0.4 | 382 | 6.0% | |
| -0.4 to -0.3 | 381 | 6.0% | |
| -0.3 to -0.2 | 296 | 4.7% | |
| -0.2 to -0.1 | 295 | 4.7% | |
| -0.1 to 0.0 | 270 | 4.3% | |
| 0.0 to 0.1 | 269 | 4.2% | |
| 0.1 to 0.2 | 244 | 3.9% | |
| 0.2 to 0.3 | 243 | 3.8% | |
| 0.3 to 0.4 | 288 | 4.5% | |
| 0.4 to 0.5 | 288 | 4.5% | |
| 0.5 to 0.6 | 456 | 7.2% | |
| 0.6 to 0.7 | 456 | 7.2% | |
| 0.7 to 0.8 | 498 | 7.9% | |
| 0.8 to 0.9 | 497 | 7.8% | |
| 0.9 to 1.0 | 66 | 1.0% |
Frequently asked questions
What is the average correlation of JEWL?
ADAMAS ONE CORP (JEWL) has an average correlation of about 0.063 with other NASDAQ stocks, based on 6,332 pairwise observations.
Is JEWL positively correlated with other stocks?
Mostly yes — 52.2% of pairs are positive and 47.8% are negative. Strong positive correlations (≥0.7) make up 16.8%.
What is the most common correlation range for JEWL?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 25.5% of all pairs.
Explore the full interactive correlation distribution for JEWL.
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