MAQUIA CAPITAL ACQ CO A (MAQC) Correlation Distribution
Across 6,412 rolling correlation observations between MAQUIA CAPITAL ACQ CO A (MAQC) and other NASDAQ-listed stocks, 28.3% are positive and 71.7% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.288, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 7.5% and strong negative correlations (≤−0.7) for 28.5%.
- Total observations
- 6,412
- Mean correlation
- -0.288
- Most common range
- -0.9 to -0.8
- Positive pairs
- 28.3%
- Strong positive (≥0.7)
- 7.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 38 | 0.6% | |
| -0.9 to -0.8 | 894 | 13.9% | |
| -0.8 to -0.7 | 894 | 13.9% | |
| -0.7 to -0.6 | 787 | 12.3% | |
| -0.6 to -0.5 | 787 | 12.3% | |
| -0.5 to -0.4 | 297 | 4.6% | |
| -0.4 to -0.3 | 297 | 4.6% | |
| -0.3 to -0.2 | 219 | 3.4% | |
| -0.2 to -0.1 | 219 | 3.4% | |
| -0.1 to 0.0 | 166 | 2.6% | |
| 0.0 to 0.1 | 166 | 2.6% | |
| 0.1 to 0.2 | 168 | 2.6% | |
| 0.2 to 0.3 | 167 | 2.6% | |
| 0.3 to 0.4 | 176 | 2.7% | |
| 0.4 to 0.5 | 176 | 2.7% | |
| 0.5 to 0.6 | 239 | 3.7% | |
| 0.6 to 0.7 | 239 | 3.7% | |
| 0.7 to 0.8 | 218 | 3.4% | |
| 0.8 to 0.9 | 217 | 3.4% | |
| 0.9 to 1.0 | 48 | 0.7% |
Frequently asked questions
What is the average correlation of MAQC?
MAQUIA CAPITAL ACQ CO A (MAQC) has an average correlation of about -0.288 with other NASDAQ stocks, based on 6,412 pairwise observations.
Is MAQC positively correlated with other stocks?
Not predominantly — 28.3% of pairs are positive and 71.7% are negative. Strong positive correlations (≥0.7) make up 7.5%.
What is the most common correlation range for MAQC?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 17.2% of all pairs.
Explore the full interactive correlation distribution for MAQC.
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