SOBR Safe, Inc. Common Stock (SOBR) Correlation Distribution
Across 6,736 rolling correlation observations between SOBR Safe, Inc. Common Stock (SOBR) and other NASDAQ-listed stocks, 64.6% are positive and 35.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.2, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 15.6% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,736
- Mean correlation
- 0.2
- Most common range
- 0.5 to 0.6
- Positive pairs
- 64.6%
- Strong positive (≥0.7)
- 15.6%
- Sector
- Periodicals: Publishing Or Publishing & Printing
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 33 | 0.5% | |
| -0.8 to -0.7 | 32 | 0.5% | |
| -0.7 to -0.6 | 295 | 4.4% | |
| -0.6 to -0.5 | 295 | 4.4% | |
| -0.5 to -0.4 | 423 | 6.3% | |
| -0.4 to -0.3 | 423 | 6.3% | |
| -0.3 to -0.2 | 303 | 4.5% | |
| -0.2 to -0.1 | 303 | 4.5% | |
| -0.1 to 0.0 | 273 | 4.1% | |
| 0.0 to 0.1 | 273 | 4.1% | |
| 0.1 to 0.2 | 331 | 4.9% | |
| 0.2 to 0.3 | 330 | 4.9% | |
| 0.3 to 0.4 | 456 | 6.8% | |
| 0.4 to 0.5 | 455 | 6.8% | |
| 0.5 to 0.6 | 729 | 10.8% | |
| 0.6 to 0.7 | 728 | 10.8% | |
| 0.7 to 0.8 | 514 | 7.6% | |
| 0.8 to 0.9 | 513 | 7.6% | |
| 0.9 to 1.0 | 23 | 0.3% |
Frequently asked questions
What is the average correlation of SOBR?
SOBR Safe, Inc. Common Stock (SOBR) has an average correlation of about 0.2 with other NASDAQ stocks, based on 6,736 pairwise observations.
Is SOBR positively correlated with other stocks?
Mostly yes — 64.6% of pairs are positive and 35.4% are negative. Strong positive correlations (≥0.7) make up 15.6%.
What is the most common correlation range for SOBR?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 26.9% of all pairs.
Explore the full interactive correlation distribution for SOBR.
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