Strata Skin Sciences, Inc. Common Stock (SSKN) Correlation Distribution
Across 6,808 rolling correlation observations between Strata Skin Sciences, Inc. Common Stock (SSKN) and other NASDAQ-listed stocks, 67% are positive and 33% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.248, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 35.5% and strong negative correlations (≤−0.7) for 11.2%.
- Total observations
- 6,808
- Mean correlation
- 0.248
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67%
- Strong positive (≥0.7)
- 35.5%
- Sector
- Surgical & Medical Instruments & Apparatus
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 33 | 0.5% | |
| -0.9 to -0.8 | 365 | 5.4% | |
| -0.8 to -0.7 | 364 | 5.3% | |
| -0.7 to -0.6 | 276 | 4.1% | |
| -0.6 to -0.5 | 275 | 4.0% | |
| -0.5 to -0.4 | 193 | 2.8% | |
| -0.4 to -0.3 | 192 | 2.8% | |
| -0.3 to -0.2 | 181 | 2.7% | |
| -0.2 to -0.1 | 181 | 2.7% | |
| -0.1 to 0.0 | 190 | 2.8% | |
| 0.0 to 0.1 | 189 | 2.8% | |
| 0.1 to 0.2 | 199 | 2.9% | |
| 0.2 to 0.3 | 199 | 2.9% | |
| 0.3 to 0.4 | 275 | 4.0% | |
| 0.4 to 0.5 | 275 | 4.0% | |
| 0.5 to 0.6 | 504 | 7.4% | |
| 0.6 to 0.7 | 503 | 7.4% | |
| 0.7 to 0.8 | 1,114 | 16.4% | |
| 0.8 to 0.9 | 1,113 | 16.3% | |
| 0.9 to 1.0 | 187 | 2.7% |
Frequently asked questions
What is the average correlation of SSKN?
Strata Skin Sciences, Inc. Common Stock (SSKN) has an average correlation of about 0.248 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is SSKN positively correlated with other stocks?
Mostly yes — 67% of pairs are positive and 33% are negative. Strong positive correlations (≥0.7) make up 35.5%.
What is the most common correlation range for SSKN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.7% of all pairs.
Explore the full interactive correlation distribution for SSKN.
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