ODDITY Tech Ltd. Class A Ordinary Shares (ODD) Correlation Distribution
Across 5,911 rolling correlation observations between ODDITY Tech Ltd. Class A Ordinary Shares (ODD) and other NASDAQ-listed stocks, 56.2% are positive and 43.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.079, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.3% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 5,911
- Mean correlation
- 0.079
- Most common range
- 0.3 to 0.4
- Positive pairs
- 56.2%
- Strong positive (≥0.7)
- 1.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 89 | 1.5% | |
| -0.6 to -0.5 | 88 | 1.5% | |
| -0.5 to -0.4 | 410 | 6.9% | |
| -0.4 to -0.3 | 409 | 6.9% | |
| -0.3 to -0.2 | 580 | 9.8% | |
| -0.2 to -0.1 | 579 | 9.8% | |
| -0.1 to 0.0 | 435 | 7.4% | |
| 0.0 to 0.1 | 434 | 7.3% | |
| 0.1 to 0.2 | 468 | 7.9% | |
| 0.2 to 0.3 | 467 | 7.9% | |
| 0.3 to 0.4 | 592 | 10.0% | |
| 0.4 to 0.5 | 592 | 10.0% | |
| 0.5 to 0.6 | 345 | 5.8% | |
| 0.6 to 0.7 | 344 | 5.8% | |
| 0.7 to 0.8 | 39 | 0.7% | |
| 0.8 to 0.9 | 39 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ODD?
ODDITY Tech Ltd. Class A Ordinary Shares (ODD) has an average correlation of about 0.079 with other NASDAQ stocks, based on 5,911 pairwise observations.
Is ODD positively correlated with other stocks?
Mostly yes — 56.2% of pairs are positive and 43.8% are negative. Strong positive correlations (≥0.7) make up 1.3%.
What is the most common correlation range for ODD?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 50.1% of all pairs.
Explore the full interactive correlation distribution for ODD.
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