Satellogic Inc. Class A Ordinary Shares (SATL) Correlation Distribution
Across 6,767 rolling correlation observations between Satellogic Inc. Class A Ordinary Shares (SATL) and other NASDAQ-listed stocks, 65.3% are positive and 34.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.216, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 20.7% and strong negative correlations (≤−0.7) for 3.6%.
- Total observations
- 6,767
- Mean correlation
- 0.216
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65.3%
- Strong positive (≥0.7)
- 20.7%
- Sector
- Radio & Tv Broadcasting & Communications Equipment
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 121 | 1.8% | |
| -0.8 to -0.7 | 120 | 1.8% | |
| -0.7 to -0.6 | 237 | 3.5% | |
| -0.6 to -0.5 | 236 | 3.5% | |
| -0.5 to -0.4 | 321 | 4.7% | |
| -0.4 to -0.3 | 320 | 4.7% | |
| -0.3 to -0.2 | 341 | 5.0% | |
| -0.2 to -0.1 | 341 | 5.0% | |
| -0.1 to 0.0 | 311 | 4.6% | |
| 0.0 to 0.1 | 310 | 4.6% | |
| 0.1 to 0.2 | 314 | 4.6% | |
| 0.2 to 0.3 | 314 | 4.6% | |
| 0.3 to 0.4 | 428 | 6.3% | |
| 0.4 to 0.5 | 427 | 6.3% | |
| 0.5 to 0.6 | 613 | 9.1% | |
| 0.6 to 0.7 | 612 | 9.0% | |
| 0.7 to 0.8 | 685 | 10.1% | |
| 0.8 to 0.9 | 685 | 10.1% | |
| 0.9 to 1.0 | 31 | 0.5% |
Frequently asked questions
What is the average correlation of SATL?
Satellogic Inc. Class A Ordinary Shares (SATL) has an average correlation of about 0.216 with other NASDAQ stocks, based on 6,767 pairwise observations.
Is SATL positively correlated with other stocks?
Mostly yes — 65.3% of pairs are positive and 34.7% are negative. Strong positive correlations (≥0.7) make up 20.7%.
What is the most common correlation range for SATL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 28.5% of all pairs.
Explore the full interactive correlation distribution for SATL.
Open interactive dashboard →