Maris-Tech Ltd. Warrants (MTEKW) Correlation Distribution
Across 6,345 rolling correlation observations between Maris-Tech Ltd. Warrants (MTEKW) and other NASDAQ-listed stocks, 68.4% are positive and 31.6% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.147, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.5% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,345
- Mean correlation
- 0.147
- Most common range
- 0.1 to 0.2
- Positive pairs
- 68.4%
- Strong positive (≥0.7)
- 4.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 8 | 0.1% | |
| -0.8 to -0.7 | 7 | 0.1% | |
| -0.7 to -0.6 | 38 | 0.6% | |
| -0.6 to -0.5 | 37 | 0.6% | |
| -0.5 to -0.4 | 211 | 3.3% | |
| -0.4 to -0.3 | 211 | 3.3% | |
| -0.3 to -0.2 | 426 | 6.7% | |
| -0.2 to -0.1 | 426 | 6.7% | |
| -0.1 to 0.0 | 639 | 10.1% | |
| 0.0 to 0.1 | 639 | 10.1% | |
| 0.1 to 0.2 | 863 | 13.6% | |
| 0.2 to 0.3 | 863 | 13.6% | |
| 0.3 to 0.4 | 648 | 10.2% | |
| 0.4 to 0.5 | 648 | 10.2% | |
| 0.5 to 0.6 | 199 | 3.1% | |
| 0.6 to 0.7 | 199 | 3.1% | |
| 0.7 to 0.8 | 137 | 2.2% | |
| 0.8 to 0.9 | 136 | 2.1% | |
| 0.9 to 1.0 | 10 | 0.2% |
Frequently asked questions
What is the average correlation of MTEKW?
Maris-Tech Ltd. Warrants (MTEKW) has an average correlation of about 0.147 with other NASDAQ stocks, based on 6,345 pairwise observations.
Is MTEKW positively correlated with other stocks?
Mostly yes — 68.4% of pairs are positive and 31.6% are negative. Strong positive correlations (≥0.7) make up 4.5%.
What is the most common correlation range for MTEKW?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 60.8% of all pairs.
Explore the full interactive correlation distribution for MTEKW.
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