Jet.AI Inc. Common Stock (JTAI) Correlation Distribution
Across 5,865 rolling correlation observations between Jet.AI Inc. Common Stock (JTAI) and other NASDAQ-listed stocks, 44.8% are positive and 55.2% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.038, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.4% and strong negative correlations (≤−0.7) for 12.1%.
- Total observations
- 5,865
- Mean correlation
- -0.038
- Most common range
- -0.7 to -0.6
- Positive pairs
- 44.8%
- Strong positive (≥0.7)
- 16.4%
- Sector
- Air Transportation, Nonscheduled
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 355 | 6.1% | |
| -0.8 to -0.7 | 355 | 6.1% | |
| -0.7 to -0.6 | 579 | 9.9% | |
| -0.6 to -0.5 | 578 | 9.9% | |
| -0.5 to -0.4 | 333 | 5.7% | |
| -0.4 to -0.3 | 332 | 5.7% | |
| -0.3 to -0.2 | 244 | 4.2% | |
| -0.2 to -0.1 | 243 | 4.1% | |
| -0.1 to 0.0 | 220 | 3.8% | |
| 0.0 to 0.1 | 219 | 3.7% | |
| 0.1 to 0.2 | 205 | 3.5% | |
| 0.2 to 0.3 | 204 | 3.5% | |
| 0.3 to 0.4 | 230 | 3.9% | |
| 0.4 to 0.5 | 229 | 3.9% | |
| 0.5 to 0.6 | 290 | 4.9% | |
| 0.6 to 0.7 | 289 | 4.9% | |
| 0.7 to 0.8 | 408 | 7.0% | |
| 0.8 to 0.9 | 407 | 6.9% | |
| 0.9 to 1.0 | 145 | 2.5% |
Frequently asked questions
What is the average correlation of JTAI?
Jet.AI Inc. Common Stock (JTAI) has an average correlation of about -0.038 with other NASDAQ stocks, based on 5,865 pairwise observations.
Is JTAI positively correlated with other stocks?
Not predominantly — 44.8% of pairs are positive and 55.2% are negative. Strong positive correlations (≥0.7) make up 16.4%.
What is the most common correlation range for JTAI?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 22.8% of all pairs.
Explore the full interactive correlation distribution for JTAI.
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