MINDP (MINDP) Correlation Distribution
Across 6,750 rolling correlation observations between MINDP (MINDP) and other NASDAQ-listed stocks, 69.3% are positive and 30.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.3, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 32.7% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,750
- Mean correlation
- 0.3
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.3%
- Strong positive (≥0.7)
- 32.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 66 | 1.0% | |
| -0.8 to -0.7 | 66 | 1.0% | |
| -0.7 to -0.6 | 262 | 3.9% | |
| -0.6 to -0.5 | 261 | 3.9% | |
| -0.5 to -0.4 | 307 | 4.5% | |
| -0.4 to -0.3 | 307 | 4.5% | |
| -0.3 to -0.2 | 271 | 4.0% | |
| -0.2 to -0.1 | 270 | 4.0% | |
| -0.1 to 0.0 | 256 | 3.8% | |
| 0.0 to 0.1 | 255 | 3.8% | |
| 0.1 to 0.2 | 243 | 3.6% | |
| 0.2 to 0.3 | 243 | 3.6% | |
| 0.3 to 0.4 | 335 | 5.0% | |
| 0.4 to 0.5 | 334 | 4.9% | |
| 0.5 to 0.6 | 534 | 7.9% | |
| 0.6 to 0.7 | 533 | 7.9% | |
| 0.7 to 0.8 | 984 | 14.6% | |
| 0.8 to 0.9 | 983 | 14.6% | |
| 0.9 to 1.0 | 237 | 3.5% |
Frequently asked questions
What is the average correlation of MINDP?
MINDP (MINDP) has an average correlation of about 0.3 with other NASDAQ stocks, based on 6,750 pairwise observations.
Is MINDP positively correlated with other stocks?
Mostly yes — 69.3% of pairs are positive and 30.7% are negative. Strong positive correlations (≥0.7) make up 32.7%.
What is the most common correlation range for MINDP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.8% of all pairs.
Explore the full interactive correlation distribution for MINDP.
Open interactive dashboard →