36Kr Holdings Inc. American Depositary Shares (KRKR) Correlation Distribution
Across 6,809 rolling correlation observations between 36Kr Holdings Inc. American Depositary Shares (KRKR) and other NASDAQ-listed stocks, 62.3% are positive and 37.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.18, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.2% and strong negative correlations (≤−0.7) for 10.2%.
- Total observations
- 6,809
- Mean correlation
- 0.18
- Most common range
- 0.7 to 0.8
- Positive pairs
- 62.3%
- Strong positive (≥0.7)
- 27.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 26 | 0.4% | |
| -0.9 to -0.8 | 333 | 4.9% | |
| -0.8 to -0.7 | 333 | 4.9% | |
| -0.7 to -0.6 | 371 | 5.4% | |
| -0.6 to -0.5 | 371 | 5.4% | |
| -0.5 to -0.4 | 232 | 3.4% | |
| -0.4 to -0.3 | 231 | 3.4% | |
| -0.3 to -0.2 | 227 | 3.3% | |
| -0.2 to -0.1 | 227 | 3.3% | |
| -0.1 to 0.0 | 219 | 3.2% | |
| 0.0 to 0.1 | 218 | 3.2% | |
| 0.1 to 0.2 | 249 | 3.7% | |
| 0.2 to 0.3 | 249 | 3.7% | |
| 0.3 to 0.4 | 322 | 4.7% | |
| 0.4 to 0.5 | 322 | 4.7% | |
| 0.5 to 0.6 | 515 | 7.6% | |
| 0.6 to 0.7 | 514 | 7.5% | |
| 0.7 to 0.8 | 770 | 11.3% | |
| 0.8 to 0.9 | 769 | 11.3% | |
| 0.9 to 1.0 | 311 | 4.6% |
Frequently asked questions
What is the average correlation of KRKR?
36Kr Holdings Inc. American Depositary Shares (KRKR) has an average correlation of about 0.18 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KRKR positively correlated with other stocks?
Mostly yes — 62.3% of pairs are positive and 37.7% are negative. Strong positive correlations (≥0.7) make up 27.2%.
What is the most common correlation range for KRKR?
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 KRKR.
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