Nuvve Holding Corp. Common Stock (NVVE) Correlation Distribution
Across 6,806 rolling correlation observations between Nuvve Holding Corp. Common Stock (NVVE) and other NASDAQ-listed stocks, 71.9% are positive and 28.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.362, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 44.9% and strong negative correlations (≤−0.7) for 4.5%.
- Total observations
- 6,806
- Mean correlation
- 0.362
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.9%
- Strong positive (≥0.7)
- 44.9%
- Sector
- Power, Distribution & Specialty Transformers
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 153 | 2.2% | |
| -0.8 to -0.7 | 153 | 2.2% | |
| -0.7 to -0.6 | 300 | 4.4% | |
| -0.6 to -0.5 | 299 | 4.4% | |
| -0.5 to -0.4 | 240 | 3.5% | |
| -0.4 to -0.3 | 239 | 3.5% | |
| -0.3 to -0.2 | 175 | 2.6% | |
| -0.2 to -0.1 | 175 | 2.6% | |
| -0.1 to 0.0 | 175 | 2.6% | |
| 0.0 to 0.1 | 175 | 2.6% | |
| 0.1 to 0.2 | 185 | 2.7% | |
| 0.2 to 0.3 | 185 | 2.7% | |
| 0.3 to 0.4 | 253 | 3.7% | |
| 0.4 to 0.5 | 252 | 3.7% | |
| 0.5 to 0.6 | 393 | 5.8% | |
| 0.6 to 0.7 | 392 | 5.8% | |
| 0.7 to 0.8 | 1,057 | 15.5% | |
| 0.8 to 0.9 | 1,057 | 15.5% | |
| 0.9 to 1.0 | 945 | 13.9% |
Frequently asked questions
What is the average correlation of NVVE?
Nuvve Holding Corp. Common Stock (NVVE) has an average correlation of about 0.362 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is NVVE positively correlated with other stocks?
Mostly yes — 71.9% of pairs are positive and 28.1% are negative. Strong positive correlations (≥0.7) make up 44.9%.
What is the most common correlation range for NVVE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 15.7% of all pairs.
Explore the full interactive correlation distribution for NVVE.
Open interactive dashboard →