ROSEW (ROSEW) Correlation Distribution
Across 5,999 rolling correlation observations between ROSEW (ROSEW) and other NASDAQ-listed stocks, 77.3% are positive and 22.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.379, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 33.8% and strong negative correlations (≤−0.7) for 1.5%.
- Total observations
- 5,999
- Mean correlation
- 0.379
- Most common range
- 0.7 to 0.8
- Positive pairs
- 77.3%
- Strong positive (≥0.7)
- 33.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 44 | 0.7% | |
| -0.8 to -0.7 | 44 | 0.7% | |
| -0.7 to -0.6 | 116 | 1.9% | |
| -0.6 to -0.5 | 115 | 1.9% | |
| -0.5 to -0.4 | 159 | 2.7% | |
| -0.4 to -0.3 | 159 | 2.7% | |
| -0.3 to -0.2 | 230 | 3.8% | |
| -0.2 to -0.1 | 229 | 3.8% | |
| -0.1 to 0.0 | 266 | 4.4% | |
| 0.0 to 0.1 | 265 | 4.4% | |
| 0.1 to 0.2 | 283 | 4.7% | |
| 0.2 to 0.3 | 283 | 4.7% | |
| 0.3 to 0.4 | 338 | 5.6% | |
| 0.4 to 0.5 | 337 | 5.6% | |
| 0.5 to 0.6 | 551 | 9.2% | |
| 0.6 to 0.7 | 550 | 9.2% | |
| 0.7 to 0.8 | 904 | 15.1% | |
| 0.8 to 0.9 | 904 | 15.1% | |
| 0.9 to 1.0 | 222 | 3.7% |
Frequently asked questions
What is the average correlation of ROSEW?
ROSEW (ROSEW) has an average correlation of about 0.379 with other NASDAQ stocks, based on 5,999 pairwise observations.
Is ROSEW positively correlated with other stocks?
Mostly yes — 77.3% of pairs are positive and 22.7% are negative. Strong positive correlations (≥0.7) make up 33.8%.
What is the most common correlation range for ROSEW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.9% of all pairs.
Explore the full interactive correlation distribution for ROSEW.
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