Marqeta, Inc. Class A Common Stock (MQ) Correlation Distribution
Across 6,806 rolling correlation observations between Marqeta, Inc. Class A Common Stock (MQ) and other NASDAQ-listed stocks, 71.2% are positive and 28.8% are negative. The most common correlation range is 0.9 to 1.0, and the average pairwise correlation is 0.353, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 39.4% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,806
- Mean correlation
- 0.353
- Most common range
- 0.9 to 1.0
- Positive pairs
- 71.2%
- Strong positive (≥0.7)
- 39.4%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 56 | 0.8% | |
| -0.8 to -0.7 | 56 | 0.8% | |
| -0.7 to -0.6 | 279 | 4.1% | |
| -0.6 to -0.5 | 278 | 4.1% | |
| -0.5 to -0.4 | 295 | 4.3% | |
| -0.4 to -0.3 | 295 | 4.3% | |
| -0.3 to -0.2 | 234 | 3.4% | |
| -0.2 to -0.1 | 234 | 3.4% | |
| -0.1 to 0.0 | 236 | 3.5% | |
| 0.0 to 0.1 | 235 | 3.5% | |
| 0.1 to 0.2 | 214 | 3.1% | |
| 0.2 to 0.3 | 214 | 3.1% | |
| 0.3 to 0.4 | 316 | 4.6% | |
| 0.4 to 0.5 | 315 | 4.6% | |
| 0.5 to 0.6 | 433 | 6.4% | |
| 0.6 to 0.7 | 433 | 6.4% | |
| 0.7 to 0.8 | 844 | 12.4% | |
| 0.8 to 0.9 | 843 | 12.4% | |
| 0.9 to 1.0 | 996 | 14.6% |
Frequently asked questions
What is the average correlation of MQ?
Marqeta, Inc. Class A Common Stock (MQ) has an average correlation of about 0.353 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is MQ positively correlated with other stocks?
Mostly yes — 71.2% of pairs are positive and 28.8% are negative. Strong positive correlations (≥0.7) make up 39.4%.
What is the most common correlation range for MQ?
The most common range is 0.9 to 1.0. Weak correlations (−0.3 to 0.3) account for 20.1% of all pairs.
Explore the full interactive correlation distribution for MQ.
Open interactive dashboard →