PLTNW (PLTNW) Correlation Distribution
Across 5,458 rolling correlation observations between PLTNW (PLTNW) and other NASDAQ-listed stocks, 50.2% are positive and 49.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.012, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 3.3%.
- Total observations
- 5,458
- Mean correlation
- -0.012
- Most common range
- -0.7 to -0.6
- Positive pairs
- 50.2%
- Strong positive (≥0.7)
- 2.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 90 | 1.6% | |
| -0.8 to -0.7 | 89 | 1.6% | |
| -0.7 to -0.6 | 504 | 9.2% | |
| -0.6 to -0.5 | 503 | 9.2% | |
| -0.5 to -0.4 | 362 | 6.6% | |
| -0.4 to -0.3 | 361 | 6.6% | |
| -0.3 to -0.2 | 280 | 5.1% | |
| -0.2 to -0.1 | 279 | 5.1% | |
| -0.1 to 0.0 | 252 | 4.6% | |
| 0.0 to 0.1 | 252 | 4.6% | |
| 0.1 to 0.2 | 323 | 5.9% | |
| 0.2 to 0.3 | 323 | 5.9% | |
| 0.3 to 0.4 | 436 | 8.0% | |
| 0.4 to 0.5 | 436 | 8.0% | |
| 0.5 to 0.6 | 425 | 7.8% | |
| 0.6 to 0.7 | 425 | 7.8% | |
| 0.7 to 0.8 | 59 | 1.1% | |
| 0.8 to 0.9 | 59 | 1.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of PLTNW?
PLTNW (PLTNW) has an average correlation of about -0.012 with other NASDAQ stocks, based on 5,458 pairwise observations.
Is PLTNW positively correlated with other stocks?
Mostly yes — 50.2% of pairs are positive and 49.8% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for PLTNW?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 31.3% of all pairs.
Explore the full interactive correlation distribution for PLTNW.
Open interactive dashboard →