SiNtx Technologies, Inc. Common Stock (SINT) Correlation Distribution
Across 6,809 rolling correlation observations between SiNtx Technologies, Inc. Common Stock (SINT) and other NASDAQ-listed stocks, 65% are positive and 35% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.256, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 36.9% and strong negative correlations (≤−0.7) for 8.2%.
- Total observations
- 6,809
- Mean correlation
- 0.256
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65%
- Strong positive (≥0.7)
- 36.9%
- Sector
- Surgical & Medical Instruments & Apparatus
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 25 | 0.4% | |
| -0.9 to -0.8 | 266 | 3.9% | |
| -0.8 to -0.7 | 266 | 3.9% | |
| -0.7 to -0.6 | 341 | 5.0% | |
| -0.6 to -0.5 | 341 | 5.0% | |
| -0.5 to -0.4 | 259 | 3.8% | |
| -0.4 to -0.3 | 258 | 3.8% | |
| -0.3 to -0.2 | 212 | 3.1% | |
| -0.2 to -0.1 | 211 | 3.1% | |
| -0.1 to 0.0 | 203 | 3.0% | |
| 0.0 to 0.1 | 202 | 3.0% | |
| 0.1 to 0.2 | 206 | 3.0% | |
| 0.2 to 0.3 | 206 | 3.0% | |
| 0.3 to 0.4 | 257 | 3.8% | |
| 0.4 to 0.5 | 257 | 3.8% | |
| 0.5 to 0.6 | 392 | 5.8% | |
| 0.6 to 0.7 | 392 | 5.8% | |
| 0.7 to 0.8 | 858 | 12.6% | |
| 0.8 to 0.9 | 857 | 12.6% | |
| 0.9 to 1.0 | 800 | 11.7% |
Frequently asked questions
What is the average correlation of SINT?
SiNtx Technologies, Inc. Common Stock (SINT) has an average correlation of about 0.256 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SINT positively correlated with other stocks?
Mostly yes — 65% of pairs are positive and 35% are negative. Strong positive correlations (≥0.7) make up 36.9%.
What is the most common correlation range for SINT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.2% of all pairs.
Explore the full interactive correlation distribution for SINT.
Open interactive dashboard →