JXJT (JXJT) Correlation Distribution
Across 6,440 rolling correlation observations between JXJT (JXJT) and other NASDAQ-listed stocks, 54.2% are positive and 45.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.088, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 21.2% and strong negative correlations (≤−0.7) for 8.7%.
- Total observations
- 6,440
- Mean correlation
- 0.088
- Most common range
- 0.7 to 0.8
- Positive pairs
- 54.2%
- Strong positive (≥0.7)
- 21.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 14 | 0.2% | |
| -0.9 to -0.8 | 274 | 4.3% | |
| -0.8 to -0.7 | 273 | 4.2% | |
| -0.7 to -0.6 | 429 | 6.7% | |
| -0.6 to -0.5 | 428 | 6.6% | |
| -0.5 to -0.4 | 339 | 5.3% | |
| -0.4 to -0.3 | 338 | 5.2% | |
| -0.3 to -0.2 | 302 | 4.7% | |
| -0.2 to -0.1 | 301 | 4.7% | |
| -0.1 to 0.0 | 254 | 3.9% | |
| 0.0 to 0.1 | 254 | 3.9% | |
| 0.1 to 0.2 | 250 | 3.9% | |
| 0.2 to 0.3 | 249 | 3.9% | |
| 0.3 to 0.4 | 300 | 4.7% | |
| 0.4 to 0.5 | 299 | 4.6% | |
| 0.5 to 0.6 | 386 | 6.0% | |
| 0.6 to 0.7 | 385 | 6.0% | |
| 0.7 to 0.8 | 590 | 9.2% | |
| 0.8 to 0.9 | 590 | 9.2% | |
| 0.9 to 1.0 | 185 | 2.9% |
Frequently asked questions
What is the average correlation of JXJT?
JXJT (JXJT) has an average correlation of about 0.088 with other NASDAQ stocks, based on 6,440 pairwise observations.
Is JXJT positively correlated with other stocks?
Mostly yes — 54.2% of pairs are positive and 45.8% are negative. Strong positive correlations (≥0.7) make up 21.2%.
What is the most common correlation range for JXJT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25% of all pairs.
Explore the full interactive correlation distribution for JXJT.
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