Precision Optics Corporation, Inc. Common Stock (POCI) Correlation Distribution
Across 6,299 rolling correlation observations between Precision Optics Corporation, Inc. Common Stock (POCI) and other NASDAQ-listed stocks, 51.4% are positive and 48.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.006, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 8.4% and strong negative correlations (≤−0.7) for 11.2%.
- Total observations
- 6,299
- Mean correlation
- 0.006
- Most common range
- 0.5 to 0.6
- Positive pairs
- 51.4%
- Strong positive (≥0.7)
- 8.4%
- Sector
- Electromedical & Electrotherapeutic Apparatus
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 352 | 5.6% | |
| -0.8 to -0.7 | 351 | 5.6% | |
| -0.7 to -0.6 | 453 | 7.2% | |
| -0.6 to -0.5 | 452 | 7.2% | |
| -0.5 to -0.4 | 325 | 5.2% | |
| -0.4 to -0.3 | 324 | 5.1% | |
| -0.3 to -0.2 | 266 | 4.2% | |
| -0.2 to -0.1 | 266 | 4.2% | |
| -0.1 to 0.0 | 273 | 4.3% | |
| 0.0 to 0.1 | 272 | 4.3% | |
| 0.1 to 0.2 | 274 | 4.3% | |
| 0.2 to 0.3 | 274 | 4.3% | |
| 0.3 to 0.4 | 390 | 6.2% | |
| 0.4 to 0.5 | 389 | 6.2% | |
| 0.5 to 0.6 | 554 | 8.8% | |
| 0.6 to 0.7 | 554 | 8.8% | |
| 0.7 to 0.8 | 265 | 4.2% | |
| 0.8 to 0.9 | 265 | 4.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of POCI?
Precision Optics Corporation, Inc. Common Stock (POCI) has an average correlation of about 0.006 with other NASDAQ stocks, based on 6,299 pairwise observations.
Is POCI positively correlated with other stocks?
Mostly yes — 51.4% of pairs are positive and 48.6% are negative. Strong positive correlations (≥0.7) make up 8.4%.
What is the most common correlation range for POCI?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 25.8% of all pairs.
Explore the full interactive correlation distribution for POCI.
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