Knightscope, Inc. Class A Common Stock (KSCP) Correlation Distribution
Across 6,767 rolling correlation observations between Knightscope, Inc. Class A Common Stock (KSCP) and other NASDAQ-listed stocks, 65.3% are positive and 34.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.233, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.1% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 6,767
- Mean correlation
- 0.233
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65.3%
- Strong positive (≥0.7)
- 27.1%
- Sector
- Communications Equipment, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 82 | 1.2% | |
| -0.8 to -0.7 | 82 | 1.2% | |
| -0.7 to -0.6 | 385 | 5.7% | |
| -0.6 to -0.5 | 384 | 5.7% | |
| -0.5 to -0.4 | 345 | 5.1% | |
| -0.4 to -0.3 | 344 | 5.1% | |
| -0.3 to -0.2 | 246 | 3.6% | |
| -0.2 to -0.1 | 246 | 3.6% | |
| -0.1 to 0.0 | 231 | 3.4% | |
| 0.0 to 0.1 | 231 | 3.4% | |
| 0.1 to 0.2 | 266 | 3.9% | |
| 0.2 to 0.3 | 265 | 3.9% | |
| 0.3 to 0.4 | 348 | 5.1% | |
| 0.4 to 0.5 | 348 | 5.1% | |
| 0.5 to 0.6 | 566 | 8.4% | |
| 0.6 to 0.7 | 565 | 8.3% | |
| 0.7 to 0.8 | 864 | 12.8% | |
| 0.8 to 0.9 | 864 | 12.8% | |
| 0.9 to 1.0 | 105 | 1.6% |
Frequently asked questions
What is the average correlation of KSCP?
Knightscope, Inc. Class A Common Stock (KSCP) has an average correlation of about 0.233 with other NASDAQ stocks, based on 6,767 pairwise observations.
Is KSCP positively correlated with other stocks?
Mostly yes — 65.3% of pairs are positive and 34.7% are negative. Strong positive correlations (≥0.7) make up 27.1%.
What is the most common correlation range for KSCP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.9% of all pairs.
Explore the full interactive correlation distribution for KSCP.
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