Network-1 Technologies, Inc. (NTIP) Correlation Distribution
Across 6,807 rolling correlation observations between Network-1 Technologies, Inc. (NTIP) and other NASDAQ-listed stocks, 66.9% are positive and 33.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.236, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 29.9% and strong negative correlations (≤−0.7) for 9%.
- Total observations
- 6,807
- Mean correlation
- 0.236
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.9%
- Strong positive (≥0.7)
- 29.9%
- Sector
- Patent Owners & Lessors
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 17 | 0.2% | |
| -0.9 to -0.8 | 298 | 4.4% | |
| -0.8 to -0.7 | 297 | 4.4% | |
| -0.7 to -0.6 | 314 | 4.6% | |
| -0.6 to -0.5 | 313 | 4.6% | |
| -0.5 to -0.4 | 211 | 3.1% | |
| -0.4 to -0.3 | 211 | 3.1% | |
| -0.3 to -0.2 | 204 | 3.0% | |
| -0.2 to -0.1 | 203 | 3.0% | |
| -0.1 to 0.0 | 185 | 2.7% | |
| 0.0 to 0.1 | 185 | 2.7% | |
| 0.1 to 0.2 | 234 | 3.4% | |
| 0.2 to 0.3 | 233 | 3.4% | |
| 0.3 to 0.4 | 330 | 4.8% | |
| 0.4 to 0.5 | 330 | 4.8% | |
| 0.5 to 0.6 | 603 | 8.9% | |
| 0.6 to 0.7 | 603 | 8.9% | |
| 0.7 to 0.8 | 956 | 14.0% | |
| 0.8 to 0.9 | 956 | 14.0% | |
| 0.9 to 1.0 | 124 | 1.8% |
Frequently asked questions
What is the average correlation of NTIP?
Network-1 Technologies, Inc. (NTIP) has an average correlation of about 0.236 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is NTIP positively correlated with other stocks?
Mostly yes — 66.9% of pairs are positive and 33.1% are negative. Strong positive correlations (≥0.7) make up 29.9%.
What is the most common correlation range for NTIP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.3% of all pairs.
Explore the full interactive correlation distribution for NTIP.
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