Nutriband Inc. Common Stock (NTRB) Correlation Distribution
Across 6,795 rolling correlation observations between Nutriband Inc. Common Stock (NTRB) and other NASDAQ-listed stocks, 64.8% are positive and 35.2% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.138, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.5% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,795
- Mean correlation
- 0.138
- Most common range
- -0.1 to 0.0
- Positive pairs
- 64.8%
- Strong positive (≥0.7)
- 1.5%
- Sector
- Orthopedic, Prosthetic & Surgical Appliances & Supplies
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 | 123 | 1.8% | |
| -0.6 to -0.5 | 122 | 1.8% | |
| -0.5 to -0.4 | 292 | 4.3% | |
| -0.4 to -0.3 | 292 | 4.3% | |
| -0.3 to -0.2 | 435 | 6.4% | |
| -0.2 to -0.1 | 435 | 6.4% | |
| -0.1 to 0.0 | 681 | 10.0% | |
| 0.0 to 0.1 | 681 | 10.0% | |
| 0.1 to 0.2 | 635 | 9.3% | |
| 0.2 to 0.3 | 635 | 9.3% | |
| 0.3 to 0.4 | 593 | 8.7% | |
| 0.4 to 0.5 | 592 | 8.7% | |
| 0.5 to 0.6 | 583 | 8.6% | |
| 0.6 to 0.7 | 582 | 8.6% | |
| 0.7 to 0.8 | 50 | 0.7% | |
| 0.8 to 0.9 | 49 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of NTRB?
Nutriband Inc. Common Stock (NTRB) has an average correlation of about 0.138 with other NASDAQ stocks, based on 6,795 pairwise observations.
Is NTRB positively correlated with other stocks?
Mostly yes — 64.8% of pairs are positive and 35.2% are negative. Strong positive correlations (≥0.7) make up 1.5%.
What is the most common correlation range for NTRB?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 51.5% of all pairs.
Explore the full interactive correlation distribution for NTRB.
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