Momentus Inc. Class A Common Stock (MNTS) Correlation Distribution
Across 6,804 rolling correlation observations between Momentus Inc. Class A Common Stock (MNTS) and other NASDAQ-listed stocks, 71.6% are positive and 28.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.355, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 40.3% and strong negative correlations (≤−0.7) for 2.5%.
- Total observations
- 6,804
- Mean correlation
- 0.355
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.6%
- Strong positive (≥0.7)
- 40.3%
- Sector
- Guided Missiles & Space Vehicles & Parts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 86 | 1.3% | |
| -0.8 to -0.7 | 85 | 1.2% | |
| -0.7 to -0.6 | 252 | 3.7% | |
| -0.6 to -0.5 | 251 | 3.7% | |
| -0.5 to -0.4 | 305 | 4.5% | |
| -0.4 to -0.3 | 305 | 4.5% | |
| -0.3 to -0.2 | 217 | 3.2% | |
| -0.2 to -0.1 | 216 | 3.2% | |
| -0.1 to 0.0 | 218 | 3.2% | |
| 0.0 to 0.1 | 217 | 3.2% | |
| 0.1 to 0.2 | 220 | 3.2% | |
| 0.2 to 0.3 | 219 | 3.2% | |
| 0.3 to 0.4 | 289 | 4.2% | |
| 0.4 to 0.5 | 289 | 4.2% | |
| 0.5 to 0.6 | 445 | 6.5% | |
| 0.6 to 0.7 | 445 | 6.5% | |
| 0.7 to 0.8 | 921 | 13.5% | |
| 0.8 to 0.9 | 920 | 13.5% | |
| 0.9 to 1.0 | 904 | 13.3% |
Frequently asked questions
What is the average correlation of MNTS?
Momentus Inc. Class A Common Stock (MNTS) has an average correlation of about 0.355 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is MNTS positively correlated with other stocks?
Mostly yes — 71.6% of pairs are positive and 28.4% are negative. Strong positive correlations (≥0.7) make up 40.3%.
What is the most common correlation range for MNTS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.2% of all pairs.
Explore the full interactive correlation distribution for MNTS.
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