NOGNW (NOGNW) Correlation Distribution
Across 5,883 rolling correlation observations between NOGNW (NOGNW) and other NASDAQ-listed stocks, 62.9% are positive and 37.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.157, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9.4% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 5,883
- Mean correlation
- 0.157
- Most common range
- 0.5 to 0.6
- Positive pairs
- 62.9%
- Strong positive (≥0.7)
- 9.4%
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 | 255 | 4.3% | |
| -0.6 to -0.5 | 255 | 4.3% | |
| -0.5 to -0.4 | 375 | 6.4% | |
| -0.4 to -0.3 | 375 | 6.4% | |
| -0.3 to -0.2 | 295 | 5.0% | |
| -0.2 to -0.1 | 295 | 5.0% | |
| -0.1 to 0.0 | 317 | 5.4% | |
| 0.0 to 0.1 | 317 | 5.4% | |
| 0.1 to 0.2 | 351 | 6.0% | |
| 0.2 to 0.3 | 350 | 5.9% | |
| 0.3 to 0.4 | 507 | 8.6% | |
| 0.4 to 0.5 | 506 | 8.6% | |
| 0.5 to 0.6 | 559 | 9.5% | |
| 0.6 to 0.7 | 559 | 9.5% | |
| 0.7 to 0.8 | 266 | 4.5% | |
| 0.8 to 0.9 | 265 | 4.5% | |
| 0.9 to 1.0 | 21 | 0.4% |
Frequently asked questions
What is the average correlation of NOGNW?
NOGNW (NOGNW) has an average correlation of about 0.157 with other NASDAQ stocks, based on 5,883 pairwise observations.
Is NOGNW positively correlated with other stocks?
Mostly yes — 62.9% of pairs are positive and 37.1% are negative. Strong positive correlations (≥0.7) make up 9.4%.
What is the most common correlation range for NOGNW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.7% of all pairs.
Explore the full interactive correlation distribution for NOGNW.
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