N-able, Inc. (NABL) Correlation Distribution
Across 6,804 rolling correlation observations between N-able, Inc. (NABL) and other NASDAQ-listed stocks, 54.8% are positive and 45.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.028, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.5% and strong negative correlations (≤−0.7) for 0.9%.
- Total observations
- 6,804
- Mean correlation
- 0.028
- Most common range
- 0.1 to 0.2
- Positive pairs
- 54.8%
- Strong positive (≥0.7)
- 1.5%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 30 | 0.4% | |
| -0.8 to -0.7 | 29 | 0.4% | |
| -0.7 to -0.6 | 135 | 2.0% | |
| -0.6 to -0.5 | 135 | 2.0% | |
| -0.5 to -0.4 | 374 | 5.5% | |
| -0.4 to -0.3 | 373 | 5.5% | |
| -0.3 to -0.2 | 587 | 8.6% | |
| -0.2 to -0.1 | 587 | 8.6% | |
| -0.1 to 0.0 | 827 | 12.2% | |
| 0.0 to 0.1 | 827 | 12.2% | |
| 0.1 to 0.2 | 842 | 12.4% | |
| 0.2 to 0.3 | 841 | 12.4% | |
| 0.3 to 0.4 | 389 | 5.7% | |
| 0.4 to 0.5 | 389 | 5.7% | |
| 0.5 to 0.6 | 169 | 2.5% | |
| 0.6 to 0.7 | 168 | 2.5% | |
| 0.7 to 0.8 | 51 | 0.7% | |
| 0.8 to 0.9 | 50 | 0.7% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of NABL?
N-able, Inc. (NABL) has an average correlation of about 0.028 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is NABL positively correlated with other stocks?
Mostly yes — 54.8% of pairs are positive and 45.2% are negative. Strong positive correlations (≥0.7) make up 1.5%.
What is the most common correlation range for NABL?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 66.3% of all pairs.
Explore the full interactive correlation distribution for NABL.
Open interactive dashboard →