Correlworks

Steakholder Foods Ltd. American Depositary Shares (STKH) Correlation Distribution

Across 6,616 rolling correlation observations between Steakholder Foods Ltd. American Depositary Shares (STKH) and other NASDAQ-listed stocks, 56% are positive and 44% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.107, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 20.9% and strong negative correlations (≤−0.7) for 6.1%.

Total observations
6,616
Mean correlation
0.107
Most common range
0.7 to 0.8
Positive pairs
56%
Strong positive (≥0.7)
20.9%

Correlation distribution

Correlation rangePairsShareChart
-1.0 to -0.910.0%
-0.9 to -0.82023.1%
-0.8 to -0.72023.1%
-0.7 to -0.65027.6%
-0.6 to -0.55017.6%
-0.5 to -0.43485.3%
-0.4 to -0.33475.2%
-0.3 to -0.22694.1%
-0.2 to -0.12684.1%
-0.1 to 0.02734.1%
0.0 to 0.12724.1%
0.1 to 0.22754.2%
0.2 to 0.32754.2%
0.3 to 0.43264.9%
0.4 to 0.53254.9%
0.5 to 0.64236.4%
0.6 to 0.74226.4%
0.7 to 0.85898.9%
0.8 to 0.95898.9%
0.9 to 1.02073.1%

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Frequently asked questions

What is the average correlation of STKH?

Steakholder Foods Ltd. American Depositary Shares (STKH) has an average correlation of about 0.107 with other NASDAQ stocks, based on 6,616 pairwise observations.

Is STKH positively correlated with other stocks?

Mostly yes — 56% of pairs are positive and 44% are negative. Strong positive correlations (≥0.7) make up 20.9%.

What is the most common correlation range for STKH?

The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.

Explore the full interactive correlation distribution for STKH.

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