NHWK (NHWK) Correlation Distribution
Across 6,327 rolling correlation observations between NHWK (NHWK) and other NASDAQ-listed stocks, 63.8% are positive and 36.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.208, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.5% and strong negative correlations (≤−0.7) for 12.1%.
- Total observations
- 6,327
- Mean correlation
- 0.208
- Most common range
- 0.7 to 0.8
- Positive pairs
- 63.8%
- Strong positive (≥0.7)
- 31.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 75 | 1.2% | |
| -0.9 to -0.8 | 346 | 5.5% | |
| -0.8 to -0.7 | 345 | 5.5% | |
| -0.7 to -0.6 | 249 | 3.9% | |
| -0.6 to -0.5 | 248 | 3.9% | |
| -0.5 to -0.4 | 217 | 3.4% | |
| -0.4 to -0.3 | 217 | 3.4% | |
| -0.3 to -0.2 | 197 | 3.1% | |
| -0.2 to -0.1 | 197 | 3.1% | |
| -0.1 to 0.0 | 197 | 3.1% | |
| 0.0 to 0.1 | 196 | 3.1% | |
| 0.1 to 0.2 | 219 | 3.5% | |
| 0.2 to 0.3 | 218 | 3.4% | |
| 0.3 to 0.4 | 267 | 4.2% | |
| 0.4 to 0.5 | 267 | 4.2% | |
| 0.5 to 0.6 | 441 | 7.0% | |
| 0.6 to 0.7 | 440 | 7.0% | |
| 0.7 to 0.8 | 762 | 12.0% | |
| 0.8 to 0.9 | 762 | 12.0% | |
| 0.9 to 1.0 | 467 | 7.4% |
Frequently asked questions
What is the average correlation of NHWK?
NHWK (NHWK) has an average correlation of about 0.208 with other NASDAQ stocks, based on 6,327 pairwise observations.
Is NHWK positively correlated with other stocks?
Mostly yes — 63.8% of pairs are positive and 36.2% are negative. Strong positive correlations (≥0.7) make up 31.5%.
What is the most common correlation range for NHWK?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.3% of all pairs.
Explore the full interactive correlation distribution for NHWK.
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