Streamline Health Solutions, Inc. (STRM) Correlation Distribution
Across 6,809 rolling correlation observations between Streamline Health Solutions, Inc. (STRM) and other NASDAQ-listed stocks, 65.1% are positive and 34.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.155, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.3% and strong negative correlations (≤−0.7) for 9.6%.
- Total observations
- 6,809
- Mean correlation
- 0.155
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.1%
- Strong positive (≥0.7)
- 11.3%
- Sector
- Services-Computer Integrated Systems Design
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 326 | 4.8% | |
| -0.8 to -0.7 | 325 | 4.8% | |
| -0.7 to -0.6 | 295 | 4.3% | |
| -0.6 to -0.5 | 295 | 4.3% | |
| -0.5 to -0.4 | 226 | 3.3% | |
| -0.4 to -0.3 | 226 | 3.3% | |
| -0.3 to -0.2 | 224 | 3.3% | |
| -0.2 to -0.1 | 224 | 3.3% | |
| -0.1 to 0.0 | 233 | 3.4% | |
| 0.0 to 0.1 | 232 | 3.4% | |
| 0.1 to 0.2 | 319 | 4.7% | |
| 0.2 to 0.3 | 319 | 4.7% | |
| 0.3 to 0.4 | 566 | 8.3% | |
| 0.4 to 0.5 | 566 | 8.3% | |
| 0.5 to 0.6 | 832 | 12.2% | |
| 0.6 to 0.7 | 832 | 12.2% | |
| 0.7 to 0.8 | 361 | 5.3% | |
| 0.8 to 0.9 | 361 | 5.3% | |
| 0.9 to 1.0 | 46 | 0.7% |
Frequently asked questions
What is the average correlation of STRM?
Streamline Health Solutions, Inc. (STRM) has an average correlation of about 0.155 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is STRM positively correlated with other stocks?
Mostly yes — 65.1% of pairs are positive and 34.9% are negative. Strong positive correlations (≥0.7) make up 11.3%.
What is the most common correlation range for STRM?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 22.8% of all pairs.
Explore the full interactive correlation distribution for STRM.
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