KNSW (KNSW) Correlation Distribution
Across 5,894 rolling correlation observations between KNSW (KNSW) and other NASDAQ-listed stocks, 31.4% are positive and 68.6% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.254, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 9.3% and strong negative correlations (≤−0.7) for 30.8%.
- Total observations
- 5,894
- Mean correlation
- -0.254
- Most common range
- -0.9 to -0.8
- Positive pairs
- 31.4%
- Strong positive (≥0.7)
- 9.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 107 | 1.8% | |
| -0.9 to -0.8 | 856 | 14.5% | |
| -0.8 to -0.7 | 855 | 14.5% | |
| -0.7 to -0.6 | 525 | 8.9% | |
| -0.6 to -0.5 | 524 | 8.9% | |
| -0.5 to -0.4 | 288 | 4.9% | |
| -0.4 to -0.3 | 287 | 4.9% | |
| -0.3 to -0.2 | 213 | 3.6% | |
| -0.2 to -0.1 | 212 | 3.6% | |
| -0.1 to 0.0 | 174 | 3.0% | |
| 0.0 to 0.1 | 173 | 2.9% | |
| 0.1 to 0.2 | 171 | 2.9% | |
| 0.2 to 0.3 | 170 | 2.9% | |
| 0.3 to 0.4 | 175 | 3.0% | |
| 0.4 to 0.5 | 175 | 3.0% | |
| 0.5 to 0.6 | 220 | 3.7% | |
| 0.6 to 0.7 | 220 | 3.7% | |
| 0.7 to 0.8 | 255 | 4.3% | |
| 0.8 to 0.9 | 254 | 4.3% | |
| 0.9 to 1.0 | 40 | 0.7% |
Frequently asked questions
What is the average correlation of KNSW?
KNSW (KNSW) has an average correlation of about -0.254 with other NASDAQ stocks, based on 5,894 pairwise observations.
Is KNSW positively correlated with other stocks?
Not predominantly — 31.4% of pairs are positive and 68.6% are negative. Strong positive correlations (≥0.7) make up 9.3%.
What is the most common correlation range for KNSW?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 18.9% of all pairs.
Explore the full interactive correlation distribution for KNSW.
Open interactive dashboard →