SWK Holdings Corporation (SWKH) Correlation Distribution
Across 6,809 rolling correlation observations between SWK Holdings Corporation (SWKH) and other NASDAQ-listed stocks, 59.3% are positive and 40.7% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.086, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,809
- Mean correlation
- 0.086
- Most common range
- -0.1 to 0.0
- Positive pairs
- 59.3%
- Strong positive (≥0.7)
- 1.6%
- Sector
- Miscellaneous Business Credit Institution
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 23 | 0.3% | |
| -0.8 to -0.7 | 22 | 0.3% | |
| -0.7 to -0.6 | 216 | 3.2% | |
| -0.6 to -0.5 | 215 | 3.2% | |
| -0.5 to -0.4 | 349 | 5.1% | |
| -0.4 to -0.3 | 349 | 5.1% | |
| -0.3 to -0.2 | 482 | 7.1% | |
| -0.2 to -0.1 | 482 | 7.1% | |
| -0.1 to 0.0 | 635 | 9.3% | |
| 0.0 to 0.1 | 634 | 9.3% | |
| 0.1 to 0.2 | 581 | 8.5% | |
| 0.2 to 0.3 | 581 | 8.5% | |
| 0.3 to 0.4 | 612 | 9.0% | |
| 0.4 to 0.5 | 612 | 9.0% | |
| 0.5 to 0.6 | 455 | 6.7% | |
| 0.6 to 0.7 | 455 | 6.7% | |
| 0.7 to 0.8 | 53 | 0.8% | |
| 0.8 to 0.9 | 53 | 0.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SWKH?
SWK Holdings Corporation (SWKH) has an average correlation of about 0.086 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SWKH positively correlated with other stocks?
Mostly yes — 59.3% of pairs are positive and 40.7% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for SWKH?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 49.9% of all pairs.
Explore the full interactive correlation distribution for SWKH.
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