MUI (MUI) Correlation Distribution
Across 6,803 rolling correlation observations between MUI (MUI) and other NASDAQ-listed stocks, 69.9% are positive and 30.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.318, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 34.1% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,803
- Mean correlation
- 0.318
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.9%
- Strong positive (≥0.7)
- 34.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 67 | 1.0% | |
| -0.8 to -0.7 | 67 | 1.0% | |
| -0.7 to -0.6 | 230 | 3.4% | |
| -0.6 to -0.5 | 229 | 3.4% | |
| -0.5 to -0.4 | 304 | 4.5% | |
| -0.4 to -0.3 | 303 | 4.5% | |
| -0.3 to -0.2 | 290 | 4.3% | |
| -0.2 to -0.1 | 290 | 4.3% | |
| -0.1 to 0.0 | 264 | 3.9% | |
| 0.0 to 0.1 | 263 | 3.9% | |
| 0.1 to 0.2 | 232 | 3.4% | |
| 0.2 to 0.3 | 231 | 3.4% | |
| 0.3 to 0.4 | 335 | 4.9% | |
| 0.4 to 0.5 | 334 | 4.9% | |
| 0.5 to 0.6 | 520 | 7.6% | |
| 0.6 to 0.7 | 520 | 7.6% | |
| 0.7 to 0.8 | 922 | 13.6% | |
| 0.8 to 0.9 | 922 | 13.6% | |
| 0.9 to 1.0 | 476 | 7.0% |
Frequently asked questions
What is the average correlation of MUI?
MUI (MUI) has an average correlation of about 0.318 with other NASDAQ stocks, based on 6,803 pairwise observations.
Is MUI positively correlated with other stocks?
Mostly yes — 69.9% of pairs are positive and 30.1% are negative. Strong positive correlations (≥0.7) make up 34.1%.
What is the most common correlation range for MUI?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.1% of all pairs.
Explore the full interactive correlation distribution for MUI.
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