OCUP (OCUP) Correlation Distribution
Across 6,780 rolling correlation observations between OCUP (OCUP) and other NASDAQ-listed stocks, 65.7% are positive and 34.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.179, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.8% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,780
- Mean correlation
- 0.179
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.7%
- Strong positive (≥0.7)
- 11.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 58 | 0.9% | |
| -0.8 to -0.7 | 58 | 0.9% | |
| -0.7 to -0.6 | 293 | 4.3% | |
| -0.6 to -0.5 | 292 | 4.3% | |
| -0.5 to -0.4 | 345 | 5.1% | |
| -0.4 to -0.3 | 345 | 5.1% | |
| -0.3 to -0.2 | 288 | 4.2% | |
| -0.2 to -0.1 | 288 | 4.2% | |
| -0.1 to 0.0 | 352 | 5.2% | |
| 0.0 to 0.1 | 351 | 5.2% | |
| 0.1 to 0.2 | 430 | 6.3% | |
| 0.2 to 0.3 | 429 | 6.3% | |
| 0.3 to 0.4 | 555 | 8.2% | |
| 0.4 to 0.5 | 555 | 8.2% | |
| 0.5 to 0.6 | 668 | 9.9% | |
| 0.6 to 0.7 | 667 | 9.8% | |
| 0.7 to 0.8 | 398 | 5.9% | |
| 0.8 to 0.9 | 397 | 5.9% | |
| 0.9 to 1.0 | 5 | 0.1% |
Frequently asked questions
What is the average correlation of OCUP?
OCUP (OCUP) has an average correlation of about 0.179 with other NASDAQ stocks, based on 6,780 pairwise observations.
Is OCUP positively correlated with other stocks?
Mostly yes — 65.7% of pairs are positive and 34.3% are negative. Strong positive correlations (≥0.7) make up 11.8%.
What is the most common correlation range for OCUP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 31.5% of all pairs.
Explore the full interactive correlation distribution for OCUP.
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