MOBIQUITY TECH INC WTS (MOBQW) Correlation Distribution
Across 5,744 rolling correlation observations between MOBIQUITY TECH INC WTS (MOBQW) and other NASDAQ-listed stocks, 73.9% are positive and 26.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.373, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 39.8% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 5,744
- Mean correlation
- 0.373
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.9%
- Strong positive (≥0.7)
- 39.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 45 | 0.8% | |
| -0.8 to -0.7 | 44 | 0.8% | |
| -0.7 to -0.6 | 170 | 3.0% | |
| -0.6 to -0.5 | 169 | 2.9% | |
| -0.5 to -0.4 | 238 | 4.1% | |
| -0.4 to -0.3 | 238 | 4.1% | |
| -0.3 to -0.2 | 205 | 3.6% | |
| -0.2 to -0.1 | 204 | 3.6% | |
| -0.1 to 0.0 | 186 | 3.2% | |
| 0.0 to 0.1 | 185 | 3.2% | |
| 0.1 to 0.2 | 209 | 3.6% | |
| 0.2 to 0.3 | 209 | 3.6% | |
| 0.3 to 0.4 | 279 | 4.9% | |
| 0.4 to 0.5 | 278 | 4.8% | |
| 0.5 to 0.6 | 398 | 6.9% | |
| 0.6 to 0.7 | 398 | 6.9% | |
| 0.7 to 0.8 | 898 | 15.6% | |
| 0.8 to 0.9 | 898 | 15.6% | |
| 0.9 to 1.0 | 492 | 8.6% |
Frequently asked questions
What is the average correlation of MOBQW?
MOBIQUITY TECH INC WTS (MOBQW) has an average correlation of about 0.373 with other NASDAQ stocks, based on 5,744 pairwise observations.
Is MOBQW positively correlated with other stocks?
Mostly yes — 73.9% of pairs are positive and 26.1% are negative. Strong positive correlations (≥0.7) make up 39.8%.
What is the most common correlation range for MOBQW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.9% of all pairs.
Explore the full interactive correlation distribution for MOBQW.
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