Maris-Tech Ltd. Ordinary Shares (MTEK) Correlation Distribution
Across 6,759 rolling correlation observations between Maris-Tech Ltd. Ordinary Shares (MTEK) and other NASDAQ-listed stocks, 57% are positive and 43% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.112, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.6% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,759
- Mean correlation
- 0.112
- Most common range
- 0.5 to 0.6
- Positive pairs
- 57%
- Strong positive (≥0.7)
- 8.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 13 | 0.2% | |
| -0.8 to -0.7 | 13 | 0.2% | |
| -0.7 to -0.6 | 264 | 3.9% | |
| -0.6 to -0.5 | 263 | 3.9% | |
| -0.5 to -0.4 | 438 | 6.5% | |
| -0.4 to -0.3 | 438 | 6.5% | |
| -0.3 to -0.2 | 500 | 7.4% | |
| -0.2 to -0.1 | 499 | 7.4% | |
| -0.1 to 0.0 | 477 | 7.1% | |
| 0.0 to 0.1 | 476 | 7.0% | |
| 0.1 to 0.2 | 417 | 6.2% | |
| 0.2 to 0.3 | 416 | 6.2% | |
| 0.3 to 0.4 | 409 | 6.1% | |
| 0.4 to 0.5 | 408 | 6.0% | |
| 0.5 to 0.6 | 572 | 8.5% | |
| 0.6 to 0.7 | 572 | 8.5% | |
| 0.7 to 0.8 | 291 | 4.3% | |
| 0.8 to 0.9 | 291 | 4.3% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of MTEK?
Maris-Tech Ltd. Ordinary Shares (MTEK) has an average correlation of about 0.112 with other NASDAQ stocks, based on 6,759 pairwise observations.
Is MTEK positively correlated with other stocks?
Mostly yes — 57% of pairs are positive and 43% are negative. Strong positive correlations (≥0.7) make up 8.6%.
What is the most common correlation range for MTEK?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 41.2% of all pairs.
Explore the full interactive correlation distribution for MTEK.
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