JT (JT) Correlation Distribution
Across 6,538 rolling correlation observations between JT (JT) and other NASDAQ-listed stocks, 53.1% are positive and 46.9% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.018, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 9% and strong negative correlations (≤−0.7) for 10.3%.
- Total observations
- 6,538
- Mean correlation
- 0.018
- Most common range
- 0.3 to 0.4
- Positive pairs
- 53.1%
- Strong positive (≥0.7)
- 9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 337 | 5.2% | |
| -0.8 to -0.7 | 336 | 5.1% | |
| -0.7 to -0.6 | 384 | 5.9% | |
| -0.6 to -0.5 | 383 | 5.9% | |
| -0.5 to -0.4 | 333 | 5.1% | |
| -0.4 to -0.3 | 332 | 5.1% | |
| -0.3 to -0.2 | 302 | 4.6% | |
| -0.2 to -0.1 | 301 | 4.6% | |
| -0.1 to 0.0 | 357 | 5.5% | |
| 0.0 to 0.1 | 357 | 5.5% | |
| 0.1 to 0.2 | 376 | 5.8% | |
| 0.2 to 0.3 | 375 | 5.7% | |
| 0.3 to 0.4 | 456 | 7.0% | |
| 0.4 to 0.5 | 456 | 7.0% | |
| 0.5 to 0.6 | 432 | 6.6% | |
| 0.6 to 0.7 | 431 | 6.6% | |
| 0.7 to 0.8 | 285 | 4.4% | |
| 0.8 to 0.9 | 285 | 4.4% | |
| 0.9 to 1.0 | 17 | 0.3% |
Frequently asked questions
What is the average correlation of JT?
JT (JT) has an average correlation of about 0.018 with other NASDAQ stocks, based on 6,538 pairwise observations.
Is JT positively correlated with other stocks?
Mostly yes — 53.1% of pairs are positive and 46.9% are negative. Strong positive correlations (≥0.7) make up 9%.
What is the most common correlation range for JT?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 31.6% of all pairs.
Explore the full interactive correlation distribution for JT.
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