PCTI (PCTI) Correlation Distribution
Across 6,449 rolling correlation observations between PCTI (PCTI) and other NASDAQ-listed stocks, 66.8% are positive and 33.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.218, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 13.5% and strong negative correlations (≤−0.7) for 0.9%.
- Total observations
- 6,449
- Mean correlation
- 0.218
- Most common range
- 0.5 to 0.6
- Positive pairs
- 66.8%
- Strong positive (≥0.7)
- 13.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 28 | 0.4% | |
| -0.8 to -0.7 | 28 | 0.4% | |
| -0.7 to -0.6 | 187 | 2.9% | |
| -0.6 to -0.5 | 187 | 2.9% | |
| -0.5 to -0.4 | 309 | 4.8% | |
| -0.4 to -0.3 | 309 | 4.8% | |
| -0.3 to -0.2 | 369 | 5.7% | |
| -0.2 to -0.1 | 369 | 5.7% | |
| -0.1 to 0.0 | 357 | 5.5% | |
| 0.0 to 0.1 | 357 | 5.5% | |
| 0.1 to 0.2 | 357 | 5.5% | |
| 0.2 to 0.3 | 357 | 5.5% | |
| 0.3 to 0.4 | 474 | 7.3% | |
| 0.4 to 0.5 | 474 | 7.3% | |
| 0.5 to 0.6 | 709 | 11.0% | |
| 0.6 to 0.7 | 708 | 11.0% | |
| 0.7 to 0.8 | 434 | 6.7% | |
| 0.8 to 0.9 | 433 | 6.7% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of PCTI?
PCTI (PCTI) has an average correlation of about 0.218 with other NASDAQ stocks, based on 6,449 pairwise observations.
Is PCTI positively correlated with other stocks?
Mostly yes — 66.8% of pairs are positive and 33.2% are negative. Strong positive correlations (≥0.7) make up 13.5%.
What is the most common correlation range for PCTI?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 33.6% of all pairs.
Explore the full interactive correlation distribution for PCTI.
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