OSA (OSA) Correlation Distribution
Across 5,954 rolling correlation observations between OSA (OSA) and other NASDAQ-listed stocks, 58.5% are positive and 41.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.118, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 24.4% and strong negative correlations (≤−0.7) for 13.8%.
- Total observations
- 5,954
- Mean correlation
- 0.118
- Most common range
- 0.7 to 0.8
- Positive pairs
- 58.5%
- Strong positive (≥0.7)
- 24.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 77 | 1.3% | |
| -0.9 to -0.8 | 372 | 6.2% | |
| -0.8 to -0.7 | 372 | 6.2% | |
| -0.7 to -0.6 | 295 | 5.0% | |
| -0.6 to -0.5 | 295 | 5.0% | |
| -0.5 to -0.4 | 224 | 3.8% | |
| -0.4 to -0.3 | 224 | 3.8% | |
| -0.3 to -0.2 | 202 | 3.4% | |
| -0.2 to -0.1 | 201 | 3.4% | |
| -0.1 to 0.0 | 208 | 3.5% | |
| 0.0 to 0.1 | 207 | 3.5% | |
| 0.1 to 0.2 | 232 | 3.9% | |
| 0.2 to 0.3 | 231 | 3.9% | |
| 0.3 to 0.4 | 288 | 4.8% | |
| 0.4 to 0.5 | 288 | 4.8% | |
| 0.5 to 0.6 | 392 | 6.6% | |
| 0.6 to 0.7 | 391 | 6.6% | |
| 0.7 to 0.8 | 629 | 10.6% | |
| 0.8 to 0.9 | 629 | 10.6% | |
| 0.9 to 1.0 | 197 | 3.3% |
Frequently asked questions
What is the average correlation of OSA?
OSA (OSA) has an average correlation of about 0.118 with other NASDAQ stocks, based on 5,954 pairwise observations.
Is OSA positively correlated with other stocks?
Mostly yes — 58.5% of pairs are positive and 41.5% are negative. Strong positive correlations (≥0.7) make up 24.4%.
What is the most common correlation range for OSA?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.5% of all pairs.
Explore the full interactive correlation distribution for OSA.
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