BiomX Inc. (PHGE) Correlation Distribution
Across 6,809 rolling correlation observations between BiomX Inc. (PHGE) and other NASDAQ-listed stocks, 64.5% are positive and 35.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.244, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 33.5% and strong negative correlations (≤−0.7) for 6%.
- Total observations
- 6,809
- Mean correlation
- 0.244
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64.5%
- Strong positive (≥0.7)
- 33.5%
- Sector
- Biological Products, (No Disgnostic Substances)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 22 | 0.3% | |
| -0.9 to -0.8 | 193 | 2.8% | |
| -0.8 to -0.7 | 193 | 2.8% | |
| -0.7 to -0.6 | 381 | 5.6% | |
| -0.6 to -0.5 | 380 | 5.6% | |
| -0.5 to -0.4 | 288 | 4.2% | |
| -0.4 to -0.3 | 287 | 4.2% | |
| -0.3 to -0.2 | 226 | 3.3% | |
| -0.2 to -0.1 | 225 | 3.3% | |
| -0.1 to 0.0 | 223 | 3.3% | |
| 0.0 to 0.1 | 222 | 3.3% | |
| 0.1 to 0.2 | 219 | 3.2% | |
| 0.2 to 0.3 | 218 | 3.2% | |
| 0.3 to 0.4 | 287 | 4.2% | |
| 0.4 to 0.5 | 287 | 4.2% | |
| 0.5 to 0.6 | 438 | 6.4% | |
| 0.6 to 0.7 | 438 | 6.4% | |
| 0.7 to 0.8 | 805 | 11.8% | |
| 0.8 to 0.9 | 804 | 11.8% | |
| 0.9 to 1.0 | 673 | 9.9% |
Frequently asked questions
What is the average correlation of PHGE?
BiomX Inc. (PHGE) has an average correlation of about 0.244 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PHGE positively correlated with other stocks?
Mostly yes — 64.5% of pairs are positive and 35.5% are negative. Strong positive correlations (≥0.7) make up 33.5%.
What is the most common correlation range for PHGE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.6% of all pairs.
Explore the full interactive correlation distribution for PHGE.
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