LiqTech International, Inc. (LIQT) Correlation Distribution
Across 6,809 rolling correlation observations between LiqTech International, Inc. (LIQT) and other NASDAQ-listed stocks, 66.8% are positive and 33.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.274, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 35.6% and strong negative correlations (≤−0.7) for 5.7%.
- Total observations
- 6,809
- Mean correlation
- 0.274
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.8%
- Strong positive (≥0.7)
- 35.6%
- Sector
- Misc Industrial & Commercial Machinery & Equipment
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 16 | 0.2% | |
| -0.9 to -0.8 | 185 | 2.7% | |
| -0.8 to -0.7 | 184 | 2.7% | |
| -0.7 to -0.6 | 319 | 4.7% | |
| -0.6 to -0.5 | 319 | 4.7% | |
| -0.5 to -0.4 | 300 | 4.4% | |
| -0.4 to -0.3 | 299 | 4.4% | |
| -0.3 to -0.2 | 220 | 3.2% | |
| -0.2 to -0.1 | 219 | 3.2% | |
| -0.1 to 0.0 | 199 | 2.9% | |
| 0.0 to 0.1 | 199 | 2.9% | |
| 0.1 to 0.2 | 227 | 3.3% | |
| 0.2 to 0.3 | 227 | 3.3% | |
| 0.3 to 0.4 | 289 | 4.2% | |
| 0.4 to 0.5 | 289 | 4.2% | |
| 0.5 to 0.6 | 446 | 6.6% | |
| 0.6 to 0.7 | 445 | 6.5% | |
| 0.7 to 0.8 | 917 | 13.5% | |
| 0.8 to 0.9 | 917 | 13.5% | |
| 0.9 to 1.0 | 593 | 8.7% |
Frequently asked questions
What is the average correlation of LIQT?
LiqTech International, Inc. (LIQT) has an average correlation of about 0.274 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LIQT positively correlated with other stocks?
Mostly yes — 66.8% of pairs are positive and 33.2% are negative. Strong positive correlations (≥0.7) make up 35.6%.
What is the most common correlation range for LIQT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19% of all pairs.
Explore the full interactive correlation distribution for LIQT.
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