KUBIENT INC (KBNT) Correlation Distribution
Across 6,780 rolling correlation observations between KUBIENT INC (KBNT) and other NASDAQ-listed stocks, 69% are positive and 31% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.307, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 39.3% and strong negative correlations (≤−0.7) for 5.6%.
- Total observations
- 6,780
- Mean correlation
- 0.307
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69%
- Strong positive (≥0.7)
- 39.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 19 | 0.3% | |
| -0.9 to -0.8 | 180 | 2.7% | |
| -0.8 to -0.7 | 180 | 2.7% | |
| -0.7 to -0.6 | 300 | 4.4% | |
| -0.6 to -0.5 | 300 | 4.4% | |
| -0.5 to -0.4 | 260 | 3.8% | |
| -0.4 to -0.3 | 260 | 3.8% | |
| -0.3 to -0.2 | 204 | 3.0% | |
| -0.2 to -0.1 | 204 | 3.0% | |
| -0.1 to 0.0 | 197 | 2.9% | |
| 0.0 to 0.1 | 197 | 2.9% | |
| 0.1 to 0.2 | 223 | 3.3% | |
| 0.2 to 0.3 | 223 | 3.3% | |
| 0.3 to 0.4 | 267 | 3.9% | |
| 0.4 to 0.5 | 267 | 3.9% | |
| 0.5 to 0.6 | 418 | 6.2% | |
| 0.6 to 0.7 | 418 | 6.2% | |
| 0.7 to 0.8 | 999 | 14.7% | |
| 0.8 to 0.9 | 998 | 14.7% | |
| 0.9 to 1.0 | 666 | 9.8% |
Frequently asked questions
What is the average correlation of KBNT?
KUBIENT INC (KBNT) has an average correlation of about 0.307 with other NASDAQ stocks, based on 6,780 pairwise observations.
Is KBNT positively correlated with other stocks?
Mostly yes — 69% of pairs are positive and 31% are negative. Strong positive correlations (≥0.7) make up 39.3%.
What is the most common correlation range for KBNT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.4% of all pairs.
Explore the full interactive correlation distribution for KBNT.
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