Regencell Bioscience Holdings Limited Ordinary Shares (RGC) Correlation Distribution
Across 6,664 rolling correlation observations between Regencell Bioscience Holdings Limited Ordinary Shares (RGC) and other NASDAQ-listed stocks, 45.6% are positive and 54.4% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is -0.017, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.9% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,664
- Mean correlation
- -0.017
- Most common range
- -0.1 to 0.0
- Positive pairs
- 45.6%
- Strong positive (≥0.7)
- 0.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 31 | 0.5% | |
| -0.9 to -0.8 | 37 | 0.6% | |
| -0.8 to -0.7 | 36 | 0.5% | |
| -0.7 to -0.6 | 47 | 0.7% | |
| -0.6 to -0.5 | 47 | 0.7% | |
| -0.5 to -0.4 | 116 | 1.7% | |
| -0.4 to -0.3 | 115 | 1.7% | |
| -0.3 to -0.2 | 911 | 13.7% | |
| -0.2 to -0.1 | 910 | 13.7% | |
| -0.1 to 0.0 | 1,374 | 20.6% | |
| 0.0 to 0.1 | 1,373 | 20.6% | |
| 0.1 to 0.2 | 565 | 8.5% | |
| 0.2 to 0.3 | 564 | 8.5% | |
| 0.3 to 0.4 | 182 | 2.7% | |
| 0.4 to 0.5 | 181 | 2.7% | |
| 0.5 to 0.6 | 59 | 0.9% | |
| 0.6 to 0.7 | 58 | 0.9% | |
| 0.7 to 0.8 | 28 | 0.4% | |
| 0.8 to 0.9 | 27 | 0.4% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of RGC?
Regencell Bioscience Holdings Limited Ordinary Shares (RGC) has an average correlation of about -0.017 with other NASDAQ stocks, based on 6,664 pairwise observations.
Is RGC positively correlated with other stocks?
Not predominantly — 45.6% of pairs are positive and 54.4% are negative. Strong positive correlations (≥0.7) make up 0.9%.
What is the most common correlation range for RGC?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 85.5% of all pairs.
Explore the full interactive correlation distribution for RGC.
Open interactive dashboard →