STRC (STRC) Correlation Distribution
Across 6,587 rolling correlation observations between STRC (STRC) and other NASDAQ-listed stocks, 74.7% are positive and 25.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.395, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 47.5% and strong negative correlations (≤−0.7) for 6.1%.
- Total observations
- 6,587
- Mean correlation
- 0.395
- Most common range
- 0.7 to 0.8
- Positive pairs
- 74.7%
- Strong positive (≥0.7)
- 47.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 9 | 0.1% | |
| -0.9 to -0.8 | 196 | 3.0% | |
| -0.8 to -0.7 | 196 | 3.0% | |
| -0.7 to -0.6 | 212 | 3.2% | |
| -0.6 to -0.5 | 211 | 3.2% | |
| -0.5 to -0.4 | 181 | 2.7% | |
| -0.4 to -0.3 | 180 | 2.7% | |
| -0.3 to -0.2 | 164 | 2.5% | |
| -0.2 to -0.1 | 163 | 2.5% | |
| -0.1 to 0.0 | 152 | 2.3% | |
| 0.0 to 0.1 | 152 | 2.3% | |
| 0.1 to 0.2 | 178 | 2.7% | |
| 0.2 to 0.3 | 177 | 2.7% | |
| 0.3 to 0.4 | 239 | 3.6% | |
| 0.4 to 0.5 | 238 | 3.6% | |
| 0.5 to 0.6 | 405 | 6.1% | |
| 0.6 to 0.7 | 404 | 6.1% | |
| 0.7 to 0.8 | 1,100 | 16.7% | |
| 0.8 to 0.9 | 1,100 | 16.7% | |
| 0.9 to 1.0 | 930 | 14.1% |
Frequently asked questions
What is the average correlation of STRC?
STRC (STRC) has an average correlation of about 0.395 with other NASDAQ stocks, based on 6,587 pairwise observations.
Is STRC positively correlated with other stocks?
Mostly yes — 74.7% of pairs are positive and 25.3% are negative. Strong positive correlations (≥0.7) make up 47.5%.
What is the most common correlation range for STRC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 15% of all pairs.
Explore the full interactive correlation distribution for STRC.
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