Nutex Health Inc. Common Stock (NUTX) Correlation Distribution
Across 6,724 rolling correlation observations between Nutex Health Inc. Common Stock (NUTX) and other NASDAQ-listed stocks, 64.1% are positive and 35.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.188, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.5% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,724
- Mean correlation
- 0.188
- Most common range
- 0.5 to 0.6
- Positive pairs
- 64.1%
- Strong positive (≥0.7)
- 10.5%
- Sector
- Services-Business Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 134 | 2.0% | |
| -0.6 to -0.5 | 134 | 2.0% | |
| -0.5 to -0.4 | 451 | 6.7% | |
| -0.4 to -0.3 | 450 | 6.7% | |
| -0.3 to -0.2 | 441 | 6.6% | |
| -0.2 to -0.1 | 441 | 6.6% | |
| -0.1 to 0.0 | 353 | 5.2% | |
| 0.0 to 0.1 | 352 | 5.2% | |
| 0.1 to 0.2 | 413 | 6.1% | |
| 0.2 to 0.3 | 412 | 6.1% | |
| 0.3 to 0.4 | 541 | 8.0% | |
| 0.4 to 0.5 | 541 | 8.0% | |
| 0.5 to 0.6 | 672 | 10.0% | |
| 0.6 to 0.7 | 672 | 10.0% | |
| 0.7 to 0.8 | 346 | 5.1% | |
| 0.8 to 0.9 | 345 | 5.1% | |
| 0.9 to 1.0 | 13 | 0.2% |
Frequently asked questions
What is the average correlation of NUTX?
Nutex Health Inc. Common Stock (NUTX) has an average correlation of about 0.188 with other NASDAQ stocks, based on 6,724 pairwise observations.
Is NUTX positively correlated with other stocks?
Mostly yes — 64.1% of pairs are positive and 35.9% are negative. Strong positive correlations (≥0.7) make up 10.5%.
What is the most common correlation range for NUTX?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.9% of all pairs.
Explore the full interactive correlation distribution for NUTX.
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