Katapult Holdings, Inc. Warrant (KPLTW) Correlation Distribution
Across 6,768 rolling correlation observations between Katapult Holdings, Inc. Warrant (KPLTW) and other NASDAQ-listed stocks, 72.4% are positive and 27.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.345, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 34.1% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,768
- Mean correlation
- 0.345
- Most common range
- 0.7 to 0.8
- Positive pairs
- 72.4%
- Strong positive (≥0.7)
- 34.1%
- Sector
- Services-Equipment Rental & Leasing, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 59 | 0.9% | |
| -0.8 to -0.7 | 59 | 0.9% | |
| -0.7 to -0.6 | 161 | 2.4% | |
| -0.6 to -0.5 | 161 | 2.4% | |
| -0.5 to -0.4 | 322 | 4.8% | |
| -0.4 to -0.3 | 321 | 4.7% | |
| -0.3 to -0.2 | 265 | 3.9% | |
| -0.2 to -0.1 | 265 | 3.9% | |
| -0.1 to 0.0 | 256 | 3.8% | |
| 0.0 to 0.1 | 255 | 3.8% | |
| 0.1 to 0.2 | 235 | 3.5% | |
| 0.2 to 0.3 | 234 | 3.5% | |
| 0.3 to 0.4 | 360 | 5.3% | |
| 0.4 to 0.5 | 360 | 5.3% | |
| 0.5 to 0.6 | 575 | 8.5% | |
| 0.6 to 0.7 | 574 | 8.5% | |
| 0.7 to 0.8 | 931 | 13.8% | |
| 0.8 to 0.9 | 930 | 13.7% | |
| 0.9 to 1.0 | 445 | 6.6% |
Frequently asked questions
What is the average correlation of KPLTW?
Katapult Holdings, Inc. Warrant (KPLTW) has an average correlation of about 0.345 with other NASDAQ stocks, based on 6,768 pairwise observations.
Is KPLTW positively correlated with other stocks?
Mostly yes — 72.4% of pairs are positive and 27.6% are negative. Strong positive correlations (≥0.7) make up 34.1%.
What is the most common correlation range for KPLTW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.3% of all pairs.
Explore the full interactive correlation distribution for KPLTW.
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