NTG (NTG) Correlation Distribution
Across 6,794 rolling correlation observations between NTG (NTG) and other NASDAQ-listed stocks, 42.2% are positive and 57.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.052, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 13.9% and strong negative correlations (≤−0.7) for 8.6%.
- Total observations
- 6,794
- Mean correlation
- -0.052
- Most common range
- -0.7 to -0.6
- Positive pairs
- 42.2%
- Strong positive (≥0.7)
- 13.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 290 | 4.3% | |
| -0.8 to -0.7 | 290 | 4.3% | |
| -0.7 to -0.6 | 660 | 9.7% | |
| -0.6 to -0.5 | 660 | 9.7% | |
| -0.5 to -0.4 | 518 | 7.6% | |
| -0.4 to -0.3 | 518 | 7.6% | |
| -0.3 to -0.2 | 353 | 5.2% | |
| -0.2 to -0.1 | 353 | 5.2% | |
| -0.1 to 0.0 | 279 | 4.1% | |
| 0.0 to 0.1 | 278 | 4.1% | |
| 0.1 to 0.2 | 241 | 3.5% | |
| 0.2 to 0.3 | 240 | 3.5% | |
| 0.3 to 0.4 | 258 | 3.8% | |
| 0.4 to 0.5 | 257 | 3.8% | |
| 0.5 to 0.6 | 324 | 4.8% | |
| 0.6 to 0.7 | 324 | 4.8% | |
| 0.7 to 0.8 | 421 | 6.2% | |
| 0.8 to 0.9 | 421 | 6.2% | |
| 0.9 to 1.0 | 103 | 1.5% |
Frequently asked questions
What is the average correlation of NTG?
NTG (NTG) has an average correlation of about -0.052 with other NASDAQ stocks, based on 6,794 pairwise observations.
Is NTG positively correlated with other stocks?
Not predominantly — 42.2% of pairs are positive and 57.8% are negative. Strong positive correlations (≥0.7) make up 13.9%.
What is the most common correlation range for NTG?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 25.7% of all pairs.
Explore the full interactive correlation distribution for NTG.
Open interactive dashboard →