Moving iMage Technologies, Inc. (MITQ) Correlation Distribution
Across 6,804 rolling correlation observations between Moving iMage Technologies, Inc. (MITQ) and other NASDAQ-listed stocks, 70.7% are positive and 29.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.266, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 13.9% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,804
- Mean correlation
- 0.266
- Most common range
- 0.5 to 0.6
- Positive pairs
- 70.7%
- Strong positive (≥0.7)
- 13.9%
- Sector
- Photographic Equipment & Supplies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 60 | 0.9% | |
| -0.8 to -0.7 | 60 | 0.9% | |
| -0.7 to -0.6 | 121 | 1.8% | |
| -0.6 to -0.5 | 120 | 1.8% | |
| -0.5 to -0.4 | 388 | 5.7% | |
| -0.4 to -0.3 | 387 | 5.7% | |
| -0.3 to -0.2 | 295 | 4.3% | |
| -0.2 to -0.1 | 295 | 4.3% | |
| -0.1 to 0.0 | 269 | 4.0% | |
| 0.0 to 0.1 | 269 | 4.0% | |
| 0.1 to 0.2 | 304 | 4.5% | |
| 0.2 to 0.3 | 304 | 4.5% | |
| 0.3 to 0.4 | 503 | 7.4% | |
| 0.4 to 0.5 | 503 | 7.4% | |
| 0.5 to 0.6 | 989 | 14.5% | |
| 0.6 to 0.7 | 988 | 14.5% | |
| 0.7 to 0.8 | 438 | 6.4% | |
| 0.8 to 0.9 | 437 | 6.4% | |
| 0.9 to 1.0 | 74 | 1.1% |
Frequently asked questions
What is the average correlation of MITQ?
Moving iMage Technologies, Inc. (MITQ) has an average correlation of about 0.266 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is MITQ positively correlated with other stocks?
Mostly yes — 70.7% of pairs are positive and 29.3% are negative. Strong positive correlations (≥0.7) make up 13.9%.
What is the most common correlation range for MITQ?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 25.5% of all pairs.
Explore the full interactive correlation distribution for MITQ.
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