MNTN, Inc. (MNTN) Correlation Distribution
Across 6,530 rolling correlation observations between MNTN, Inc. (MNTN) and other NASDAQ-listed stocks, 40.7% are positive and 59.3% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.051, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 4.8% and strong negative correlations (≤−0.7) for 5.4%.
- Total observations
- 6,530
- Mean correlation
- -0.051
- Most common range
- -0.3 to -0.2
- Positive pairs
- 40.7%
- Strong positive (≥0.7)
- 4.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 58 | 0.9% | |
| -0.9 to -0.8 | 149 | 2.3% | |
| -0.8 to -0.7 | 148 | 2.3% | |
| -0.7 to -0.6 | 194 | 3.0% | |
| -0.6 to -0.5 | 194 | 3.0% | |
| -0.5 to -0.4 | 654 | 10.0% | |
| -0.4 to -0.3 | 654 | 10.0% | |
| -0.3 to -0.2 | 704 | 10.8% | |
| -0.2 to -0.1 | 704 | 10.8% | |
| -0.1 to 0.0 | 412 | 6.3% | |
| 0.0 to 0.1 | 412 | 6.3% | |
| 0.1 to 0.2 | 365 | 5.6% | |
| 0.2 to 0.3 | 364 | 5.6% | |
| 0.3 to 0.4 | 350 | 5.4% | |
| 0.4 to 0.5 | 350 | 5.4% | |
| 0.5 to 0.6 | 253 | 3.9% | |
| 0.6 to 0.7 | 252 | 3.9% | |
| 0.7 to 0.8 | 99 | 1.5% | |
| 0.8 to 0.9 | 98 | 1.5% | |
| 0.9 to 1.0 | 116 | 1.8% |
Frequently asked questions
What is the average correlation of MNTN?
MNTN, Inc. (MNTN) has an average correlation of about -0.051 with other NASDAQ stocks, based on 6,530 pairwise observations.
Is MNTN positively correlated with other stocks?
Not predominantly — 40.7% of pairs are positive and 59.3% are negative. Strong positive correlations (≥0.7) make up 4.8%.
What is the most common correlation range for MNTN?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 45.3% of all pairs.
Explore the full interactive correlation distribution for MNTN.
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