Swvl Holdings Corp Warrant (SWVLW) Correlation Distribution
Across 6,684 rolling correlation observations between Swvl Holdings Corp Warrant (SWVLW) and other NASDAQ-listed stocks, 64.1% are positive and 35.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.199, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 14.3% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,684
- Mean correlation
- 0.199
- Most common range
- 0.5 to 0.6
- Positive pairs
- 64.1%
- Strong positive (≥0.7)
- 14.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 5 | 0.1% | |
| -0.8 to -0.7 | 4 | 0.1% | |
| -0.7 to -0.6 | 142 | 2.1% | |
| -0.6 to -0.5 | 142 | 2.1% | |
| -0.5 to -0.4 | 431 | 6.4% | |
| -0.4 to -0.3 | 430 | 6.4% | |
| -0.3 to -0.2 | 437 | 6.5% | |
| -0.2 to -0.1 | 437 | 6.5% | |
| -0.1 to 0.0 | 371 | 5.6% | |
| 0.0 to 0.1 | 370 | 5.5% | |
| 0.1 to 0.2 | 393 | 5.9% | |
| 0.2 to 0.3 | 393 | 5.9% | |
| 0.3 to 0.4 | 529 | 7.9% | |
| 0.4 to 0.5 | 528 | 7.9% | |
| 0.5 to 0.6 | 558 | 8.3% | |
| 0.6 to 0.7 | 557 | 8.3% | |
| 0.7 to 0.8 | 437 | 6.5% | |
| 0.8 to 0.9 | 437 | 6.5% | |
| 0.9 to 1.0 | 82 | 1.2% |
Frequently asked questions
What is the average correlation of SWVLW?
Swvl Holdings Corp Warrant (SWVLW) has an average correlation of about 0.199 with other NASDAQ stocks, based on 6,684 pairwise observations.
Is SWVLW positively correlated with other stocks?
Mostly yes — 64.1% of pairs are positive and 35.9% are negative. Strong positive correlations (≥0.7) make up 14.3%.
What is the most common correlation range for SWVLW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.9% of all pairs.
Explore the full interactive correlation distribution for SWVLW.
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