SAMAW (SAMAW) Correlation Distribution
Across 5,493 rolling correlation observations between SAMAW (SAMAW) and other NASDAQ-listed stocks, 58.4% are positive and 41.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.166, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 20.8% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 5,493
- Mean correlation
- 0.166
- Most common range
- 0.5 to 0.6
- Positive pairs
- 58.4%
- Strong positive (≥0.7)
- 20.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 23 | 0.4% | |
| -0.8 to -0.7 | 22 | 0.4% | |
| -0.7 to -0.6 | 431 | 7.8% | |
| -0.6 to -0.5 | 430 | 7.8% | |
| -0.5 to -0.4 | 329 | 6.0% | |
| -0.4 to -0.3 | 328 | 6.0% | |
| -0.3 to -0.2 | 259 | 4.7% | |
| -0.2 to -0.1 | 259 | 4.7% | |
| -0.1 to 0.0 | 202 | 3.7% | |
| 0.0 to 0.1 | 201 | 3.7% | |
| 0.1 to 0.2 | 167 | 3.0% | |
| 0.2 to 0.3 | 166 | 3.0% | |
| 0.3 to 0.4 | 223 | 4.1% | |
| 0.4 to 0.5 | 223 | 4.1% | |
| 0.5 to 0.6 | 545 | 9.9% | |
| 0.6 to 0.7 | 545 | 9.9% | |
| 0.7 to 0.8 | 502 | 9.1% | |
| 0.8 to 0.9 | 502 | 9.1% | |
| 0.9 to 1.0 | 136 | 2.5% |
Frequently asked questions
What is the average correlation of SAMAW?
SAMAW (SAMAW) has an average correlation of about 0.166 with other NASDAQ stocks, based on 5,493 pairwise observations.
Is SAMAW positively correlated with other stocks?
Mostly yes — 58.4% of pairs are positive and 41.6% are negative. Strong positive correlations (≥0.7) make up 20.8%.
What is the most common correlation range for SAMAW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 22.8% of all pairs.
Explore the full interactive correlation distribution for SAMAW.
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