SASI (SASI) Correlation Distribution
Across 6,375 rolling correlation observations between SASI (SASI) and other NASDAQ-listed stocks, 62.9% are positive and 37.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.196, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 30.9% and strong negative correlations (≤−0.7) for 12.1%.
- Total observations
- 6,375
- Mean correlation
- 0.196
- Most common range
- 0.7 to 0.8
- Positive pairs
- 62.9%
- Strong positive (≥0.7)
- 30.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 70 | 1.1% | |
| -0.9 to -0.8 | 351 | 5.5% | |
| -0.8 to -0.7 | 350 | 5.5% | |
| -0.7 to -0.6 | 277 | 4.3% | |
| -0.6 to -0.5 | 277 | 4.3% | |
| -0.5 to -0.4 | 215 | 3.4% | |
| -0.4 to -0.3 | 215 | 3.4% | |
| -0.3 to -0.2 | 202 | 3.2% | |
| -0.2 to -0.1 | 201 | 3.2% | |
| -0.1 to 0.0 | 207 | 3.2% | |
| 0.0 to 0.1 | 207 | 3.2% | |
| 0.1 to 0.2 | 212 | 3.3% | |
| 0.2 to 0.3 | 212 | 3.3% | |
| 0.3 to 0.4 | 286 | 4.5% | |
| 0.4 to 0.5 | 286 | 4.5% | |
| 0.5 to 0.6 | 418 | 6.6% | |
| 0.6 to 0.7 | 417 | 6.5% | |
| 0.7 to 0.8 | 743 | 11.7% | |
| 0.8 to 0.9 | 743 | 11.7% | |
| 0.9 to 1.0 | 486 | 7.6% |
Frequently asked questions
What is the average correlation of SASI?
SASI (SASI) has an average correlation of about 0.196 with other NASDAQ stocks, based on 6,375 pairwise observations.
Is SASI positively correlated with other stocks?
Mostly yes — 62.9% of pairs are positive and 37.1% are negative. Strong positive correlations (≥0.7) make up 30.9%.
What is the most common correlation range for SASI?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.5% of all pairs.
Explore the full interactive correlation distribution for SASI.
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