KRNLU (KRNLU) Correlation Distribution
Across 5,362 rolling correlation observations between KRNLU (KRNLU) and other NASDAQ-listed stocks, 32.7% are positive and 67.3% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.084, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 5,362
- Mean correlation
- -0.084
- Most common range
- -0.3 to -0.2
- Positive pairs
- 32.7%
- Strong positive (≥0.7)
- 2.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 6 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 188 | 3.5% | |
| -0.6 to -0.5 | 187 | 3.5% | |
| -0.5 to -0.4 | 574 | 10.7% | |
| -0.4 to -0.3 | 573 | 10.7% | |
| -0.3 to -0.2 | 841 | 15.7% | |
| -0.2 to -0.1 | 841 | 15.7% | |
| -0.1 to 0.0 | 391 | 7.3% | |
| 0.0 to 0.1 | 391 | 7.3% | |
| 0.1 to 0.2 | 233 | 4.3% | |
| 0.2 to 0.3 | 233 | 4.3% | |
| 0.3 to 0.4 | 193 | 3.6% | |
| 0.4 to 0.5 | 193 | 3.6% | |
| 0.5 to 0.6 | 196 | 3.7% | |
| 0.6 to 0.7 | 196 | 3.7% | |
| 0.7 to 0.8 | 60 | 1.1% | |
| 0.8 to 0.9 | 60 | 1.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of KRNLU?
KRNLU (KRNLU) has an average correlation of about -0.084 with other NASDAQ stocks, based on 5,362 pairwise observations.
Is KRNLU positively correlated with other stocks?
Not predominantly — 32.7% of pairs are positive and 67.3% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for KRNLU?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 54.6% of all pairs.
Explore the full interactive correlation distribution for KRNLU.
Open interactive dashboard →