MAIA Biotechnology, Inc. (MAIA) Correlation Distribution
Across 6,622 rolling correlation observations between MAIA Biotechnology, Inc. (MAIA) and other NASDAQ-listed stocks, 60% are positive and 40% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.127, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.6% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,622
- Mean correlation
- 0.127
- Most common range
- 0.5 to 0.6
- Positive pairs
- 60%
- Strong positive (≥0.7)
- 3.6%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 35 | 0.5% | |
| -0.8 to -0.7 | 35 | 0.5% | |
| -0.7 to -0.6 | 157 | 2.4% | |
| -0.6 to -0.5 | 156 | 2.4% | |
| -0.5 to -0.4 | 484 | 7.3% | |
| -0.4 to -0.3 | 483 | 7.3% | |
| -0.3 to -0.2 | 459 | 6.9% | |
| -0.2 to -0.1 | 459 | 6.9% | |
| -0.1 to 0.0 | 378 | 5.7% | |
| 0.0 to 0.1 | 378 | 5.7% | |
| 0.1 to 0.2 | 413 | 6.2% | |
| 0.2 to 0.3 | 413 | 6.2% | |
| 0.3 to 0.4 | 556 | 8.4% | |
| 0.4 to 0.5 | 555 | 8.4% | |
| 0.5 to 0.6 | 710 | 10.7% | |
| 0.6 to 0.7 | 710 | 10.7% | |
| 0.7 to 0.8 | 121 | 1.8% | |
| 0.8 to 0.9 | 120 | 1.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of MAIA?
MAIA Biotechnology, Inc. (MAIA) has an average correlation of about 0.127 with other NASDAQ stocks, based on 6,622 pairwise observations.
Is MAIA positively correlated with other stocks?
Mostly yes — 60% of pairs are positive and 40% are negative. Strong positive correlations (≥0.7) make up 3.6%.
What is the most common correlation range for MAIA?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 37.8% of all pairs.
Explore the full interactive correlation distribution for MAIA.
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