Nauticus Robotics, Inc. Common stock (KITT) Correlation Distribution
Across 6,538 rolling correlation observations between Nauticus Robotics, Inc. Common stock (KITT) and other NASDAQ-listed stocks, 50.6% are positive and 49.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.031, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 23.4% and strong negative correlations (≤−0.7) for 17.7%.
- Total observations
- 6,538
- Mean correlation
- 0.031
- Most common range
- 0.7 to 0.8
- Positive pairs
- 50.6%
- Strong positive (≥0.7)
- 23.4%
- Sector
- General Industrial Machinery & Equipment, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 108 | 1.7% | |
| -0.9 to -0.8 | 525 | 8.0% | |
| -0.8 to -0.7 | 525 | 8.0% | |
| -0.7 to -0.6 | 385 | 5.9% | |
| -0.6 to -0.5 | 384 | 5.9% | |
| -0.5 to -0.4 | 297 | 4.5% | |
| -0.4 to -0.3 | 296 | 4.5% | |
| -0.3 to -0.2 | 250 | 3.8% | |
| -0.2 to -0.1 | 249 | 3.8% | |
| -0.1 to 0.0 | 213 | 3.3% | |
| 0.0 to 0.1 | 212 | 3.2% | |
| 0.1 to 0.2 | 205 | 3.1% | |
| 0.2 to 0.3 | 205 | 3.1% | |
| 0.3 to 0.4 | 233 | 3.6% | |
| 0.4 to 0.5 | 233 | 3.6% | |
| 0.5 to 0.6 | 343 | 5.2% | |
| 0.6 to 0.7 | 342 | 5.2% | |
| 0.7 to 0.8 | 632 | 9.7% | |
| 0.8 to 0.9 | 631 | 9.7% | |
| 0.9 to 1.0 | 270 | 4.1% |
Frequently asked questions
What is the average correlation of KITT?
Nauticus Robotics, Inc. Common stock (KITT) has an average correlation of about 0.031 with other NASDAQ stocks, based on 6,538 pairwise observations.
Is KITT positively correlated with other stocks?
Mostly yes — 50.6% of pairs are positive and 49.4% are negative. Strong positive correlations (≥0.7) make up 23.4%.
What is the most common correlation range for KITT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.4% of all pairs.
Explore the full interactive correlation distribution for KITT.
Open interactive dashboard →