Society Pass Incorporated Common Stock (SOPA) Correlation Distribution
Across 6,795 rolling correlation observations between Society Pass Incorporated Common Stock (SOPA) and other NASDAQ-listed stocks, 71.9% are positive and 28.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.264, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.4% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,795
- Mean correlation
- 0.264
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.9%
- Strong positive (≥0.7)
- 11.4%
- Sector
- Services-Business Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 20 | 0.3% | |
| -0.9 to -0.8 | 49 | 0.7% | |
| -0.8 to -0.7 | 49 | 0.7% | |
| -0.7 to -0.6 | 54 | 0.8% | |
| -0.6 to -0.5 | 54 | 0.8% | |
| -0.5 to -0.4 | 208 | 3.1% | |
| -0.4 to -0.3 | 208 | 3.1% | |
| -0.3 to -0.2 | 455 | 6.7% | |
| -0.2 to -0.1 | 455 | 6.7% | |
| -0.1 to 0.0 | 356 | 5.2% | |
| 0.0 to 0.1 | 356 | 5.2% | |
| 0.1 to 0.2 | 395 | 5.8% | |
| 0.2 to 0.3 | 395 | 5.8% | |
| 0.3 to 0.4 | 668 | 9.8% | |
| 0.4 to 0.5 | 668 | 9.8% | |
| 0.5 to 0.6 | 815 | 12.0% | |
| 0.6 to 0.7 | 814 | 12.0% | |
| 0.7 to 0.8 | 347 | 5.1% | |
| 0.8 to 0.9 | 347 | 5.1% | |
| 0.9 to 1.0 | 82 | 1.2% |
Frequently asked questions
What is the average correlation of SOPA?
Society Pass Incorporated Common Stock (SOPA) has an average correlation of about 0.264 with other NASDAQ stocks, based on 6,795 pairwise observations.
Is SOPA positively correlated with other stocks?
Mostly yes — 71.9% of pairs are positive and 28.1% are negative. Strong positive correlations (≥0.7) make up 11.4%.
What is the most common correlation range for SOPA?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.5% of all pairs.
Explore the full interactive correlation distribution for SOPA.
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