Optical Cable Corp. (OCC) Correlation Distribution
Across 6,801 rolling correlation observations between Optical Cable Corp. (OCC) and other NASDAQ-listed stocks, 67.8% are positive and 32.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.138, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 0.6% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,801
- Mean correlation
- 0.138
- Most common range
- 0.1 to 0.2
- Positive pairs
- 67.8%
- Strong positive (≥0.7)
- 0.6%
- Sector
- Drawing & Insulating Of Nonferrous Wire
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 22 | 0.3% | |
| -0.8 to -0.7 | 22 | 0.3% | |
| -0.7 to -0.6 | 72 | 1.1% | |
| -0.6 to -0.5 | 71 | 1.0% | |
| -0.5 to -0.4 | 211 | 3.1% | |
| -0.4 to -0.3 | 211 | 3.1% | |
| -0.3 to -0.2 | 481 | 7.1% | |
| -0.2 to -0.1 | 480 | 7.1% | |
| -0.1 to 0.0 | 621 | 9.1% | |
| 0.0 to 0.1 | 621 | 9.1% | |
| 0.1 to 0.2 | 834 | 12.3% | |
| 0.2 to 0.3 | 833 | 12.2% | |
| 0.3 to 0.4 | 781 | 11.5% | |
| 0.4 to 0.5 | 781 | 11.5% | |
| 0.5 to 0.6 | 361 | 5.3% | |
| 0.6 to 0.7 | 360 | 5.3% | |
| 0.7 to 0.8 | 20 | 0.3% | |
| 0.8 to 0.9 | 19 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of OCC?
Optical Cable Corp. (OCC) has an average correlation of about 0.138 with other NASDAQ stocks, based on 6,801 pairwise observations.
Is OCC positively correlated with other stocks?
Mostly yes — 67.8% of pairs are positive and 32.2% are negative. Strong positive correlations (≥0.7) make up 0.6%.
What is the most common correlation range for OCC?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 56.9% of all pairs.
Explore the full interactive correlation distribution for OCC.
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