OSI (OSI) Correlation Distribution
Across 6,092 rolling correlation observations between OSI (OSI) and other NASDAQ-listed stocks, 27.4% are positive and 72.6% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.259, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 10.4% and strong negative correlations (≤−0.7) for 18.5%.
- Total observations
- 6,092
- Mean correlation
- -0.259
- Most common range
- -0.7 to -0.6
- Positive pairs
- 27.4%
- Strong positive (≥0.7)
- 10.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 12 | 0.2% | |
| -0.9 to -0.8 | 559 | 9.2% | |
| -0.8 to -0.7 | 558 | 9.2% | |
| -0.7 to -0.6 | 967 | 15.9% | |
| -0.6 to -0.5 | 966 | 15.9% | |
| -0.5 to -0.4 | 393 | 6.5% | |
| -0.4 to -0.3 | 393 | 6.5% | |
| -0.3 to -0.2 | 202 | 3.3% | |
| -0.2 to -0.1 | 202 | 3.3% | |
| -0.1 to 0.0 | 170 | 2.8% | |
| 0.0 to 0.1 | 169 | 2.8% | |
| 0.1 to 0.2 | 128 | 2.1% | |
| 0.2 to 0.3 | 128 | 2.1% | |
| 0.3 to 0.4 | 145 | 2.4% | |
| 0.4 to 0.5 | 144 | 2.4% | |
| 0.5 to 0.6 | 162 | 2.7% | |
| 0.6 to 0.7 | 162 | 2.7% | |
| 0.7 to 0.8 | 264 | 4.3% | |
| 0.8 to 0.9 | 263 | 4.3% | |
| 0.9 to 1.0 | 105 | 1.7% |
Frequently asked questions
What is the average correlation of OSI?
OSI (OSI) has an average correlation of about -0.259 with other NASDAQ stocks, based on 6,092 pairwise observations.
Is OSI positively correlated with other stocks?
Not predominantly — 27.4% of pairs are positive and 72.6% are negative. Strong positive correlations (≥0.7) make up 10.4%.
What is the most common correlation range for OSI?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 16.4% of all pairs.
Explore the full interactive correlation distribution for OSI.
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