Snail, Inc. Class A Common Stock (SNAL) Correlation Distribution
Across 6,389 rolling correlation observations between Snail, Inc. Class A Common Stock (SNAL) and other NASDAQ-listed stocks, 61.2% are positive and 38.8% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.098, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.3% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,389
- Mean correlation
- 0.098
- Most common range
- 0.1 to 0.2
- Positive pairs
- 61.2%
- Strong positive (≥0.7)
- 1.3%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 11 | 0.2% | |
| -0.8 to -0.7 | 10 | 0.2% | |
| -0.7 to -0.6 | 65 | 1.0% | |
| -0.6 to -0.5 | 64 | 1.0% | |
| -0.5 to -0.4 | 291 | 4.6% | |
| -0.4 to -0.3 | 291 | 4.6% | |
| -0.3 to -0.2 | 553 | 8.7% | |
| -0.2 to -0.1 | 553 | 8.7% | |
| -0.1 to 0.0 | 638 | 10.0% | |
| 0.0 to 0.1 | 638 | 10.0% | |
| 0.1 to 0.2 | 677 | 10.6% | |
| 0.2 to 0.3 | 677 | 10.6% | |
| 0.3 to 0.4 | 663 | 10.4% | |
| 0.4 to 0.5 | 662 | 10.4% | |
| 0.5 to 0.6 | 255 | 4.0% | |
| 0.6 to 0.7 | 255 | 4.0% | |
| 0.7 to 0.8 | 43 | 0.7% | |
| 0.8 to 0.9 | 43 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SNAL?
Snail, Inc. Class A Common Stock (SNAL) has an average correlation of about 0.098 with other NASDAQ stocks, based on 6,389 pairwise observations.
Is SNAL positively correlated with other stocks?
Mostly yes — 61.2% of pairs are positive and 38.8% are negative. Strong positive correlations (≥0.7) make up 1.3%.
What is the most common correlation range for SNAL?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 58.5% of all pairs.
Explore the full interactive correlation distribution for SNAL.
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