OXUS (OXUS) Correlation Distribution
Across 6,067 rolling correlation observations between OXUS (OXUS) and other NASDAQ-listed stocks, 25.7% are positive and 74.3% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.284, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 6.3% and strong negative correlations (≤−0.7) for 16.2%.
- Total observations
- 6,067
- Mean correlation
- -0.284
- Most common range
- -0.7 to -0.6
- Positive pairs
- 25.7%
- Strong positive (≥0.7)
- 6.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 491 | 8.1% | |
| -0.8 to -0.7 | 490 | 8.1% | |
| -0.7 to -0.6 | 1,036 | 17.1% | |
| -0.6 to -0.5 | 1,036 | 17.1% | |
| -0.5 to -0.4 | 419 | 6.9% | |
| -0.4 to -0.3 | 418 | 6.9% | |
| -0.3 to -0.2 | 218 | 3.6% | |
| -0.2 to -0.1 | 217 | 3.6% | |
| -0.1 to 0.0 | 178 | 2.9% | |
| 0.0 to 0.1 | 177 | 2.9% | |
| 0.1 to 0.2 | 153 | 2.5% | |
| 0.2 to 0.3 | 153 | 2.5% | |
| 0.3 to 0.4 | 160 | 2.6% | |
| 0.4 to 0.5 | 160 | 2.6% | |
| 0.5 to 0.6 | 190 | 3.1% | |
| 0.6 to 0.7 | 189 | 3.1% | |
| 0.7 to 0.8 | 170 | 2.8% | |
| 0.8 to 0.9 | 170 | 2.8% | |
| 0.9 to 1.0 | 40 | 0.7% |
Frequently asked questions
What is the average correlation of OXUS?
OXUS (OXUS) has an average correlation of about -0.284 with other NASDAQ stocks, based on 6,067 pairwise observations.
Is OXUS positively correlated with other stocks?
Not predominantly — 25.7% of pairs are positive and 74.3% are negative. Strong positive correlations (≥0.7) make up 6.3%.
What is the most common correlation range for OXUS?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.1% of all pairs.
Explore the full interactive correlation distribution for OXUS.
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