On Holding AG (ONON) Correlation Distribution
Across 6,804 rolling correlation observations between On Holding AG (ONON) and other NASDAQ-listed stocks, 52.2% are positive and 47.8% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.077, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 14.8% and strong negative correlations (≤−0.7) for 3.1%.
- Total observations
- 6,804
- Mean correlation
- 0.077
- Most common range
- -0.3 to -0.2
- Positive pairs
- 52.2%
- Strong positive (≥0.7)
- 14.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 106 | 1.6% | |
| -0.8 to -0.7 | 105 | 1.5% | |
| -0.7 to -0.6 | 323 | 4.7% | |
| -0.6 to -0.5 | 323 | 4.7% | |
| -0.5 to -0.4 | 431 | 6.3% | |
| -0.4 to -0.3 | 430 | 6.3% | |
| -0.3 to -0.2 | 533 | 7.8% | |
| -0.2 to -0.1 | 532 | 7.8% | |
| -0.1 to 0.0 | 468 | 6.9% | |
| 0.0 to 0.1 | 467 | 6.9% | |
| 0.1 to 0.2 | 346 | 5.1% | |
| 0.2 to 0.3 | 345 | 5.1% | |
| 0.3 to 0.4 | 358 | 5.3% | |
| 0.4 to 0.5 | 357 | 5.2% | |
| 0.5 to 0.6 | 337 | 5.0% | |
| 0.6 to 0.7 | 336 | 4.9% | |
| 0.7 to 0.8 | 473 | 7.0% | |
| 0.8 to 0.9 | 473 | 7.0% | |
| 0.9 to 1.0 | 60 | 0.9% |
Frequently asked questions
What is the average correlation of ONON?
On Holding AG (ONON) has an average correlation of about 0.077 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is ONON positively correlated with other stocks?
Mostly yes — 52.2% of pairs are positive and 47.8% are negative. Strong positive correlations (≥0.7) make up 14.8%.
What is the most common correlation range for ONON?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 39.6% of all pairs.
Explore the full interactive correlation distribution for ONON.
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