SSIC (SSIC) Correlation Distribution
Across 6,635 rolling correlation observations between SSIC (SSIC) and other NASDAQ-listed stocks, 74.1% are positive and 25.9% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.216, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.1% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,635
- Mean correlation
- 0.216
- Most common range
- 0.3 to 0.4
- Positive pairs
- 74.1%
- Strong positive (≥0.7)
- 4.1%
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 | 11 | 0.2% | |
| -0.7 to -0.6 | 103 | 1.6% | |
| -0.6 to -0.5 | 103 | 1.6% | |
| -0.5 to -0.4 | 209 | 3.1% | |
| -0.4 to -0.3 | 208 | 3.1% | |
| -0.3 to -0.2 | 302 | 4.6% | |
| -0.2 to -0.1 | 301 | 4.5% | |
| -0.1 to 0.0 | 469 | 7.1% | |
| 0.0 to 0.1 | 468 | 7.1% | |
| 0.1 to 0.2 | 680 | 10.2% | |
| 0.2 to 0.3 | 680 | 10.2% | |
| 0.3 to 0.4 | 798 | 12.0% | |
| 0.4 to 0.5 | 798 | 12.0% | |
| 0.5 to 0.6 | 611 | 9.2% | |
| 0.6 to 0.7 | 610 | 9.2% | |
| 0.7 to 0.8 | 137 | 2.1% | |
| 0.8 to 0.9 | 136 | 2.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SSIC?
SSIC (SSIC) has an average correlation of about 0.216 with other NASDAQ stocks, based on 6,635 pairwise observations.
Is SSIC positively correlated with other stocks?
Mostly yes — 74.1% of pairs are positive and 25.9% are negative. Strong positive correlations (≥0.7) make up 4.1%.
What is the most common correlation range for SSIC?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 43.7% of all pairs.
Explore the full interactive correlation distribution for SSIC.
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