Sizzle Acquisition Corp. II Class A ordinary shares (SZZL) Correlation Distribution
Across 5,805 rolling correlation observations between Sizzle Acquisition Corp. II Class A ordinary shares (SZZL) and other NASDAQ-listed stocks, 32.3% are positive and 67.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.104, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 0.3% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 5,805
- Mean correlation
- -0.104
- Most common range
- -0.3 to -0.2
- Positive pairs
- 32.3%
- Strong positive (≥0.7)
- 0.3%
- Sector
- Blank Checks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.1% | |
| -0.9 to -0.8 | 23 | 0.4% | |
| -0.8 to -0.7 | 23 | 0.4% | |
| -0.7 to -0.6 | 23 | 0.4% | |
| -0.6 to -0.5 | 22 | 0.4% | |
| -0.5 to -0.4 | 592 | 10.2% | |
| -0.4 to -0.3 | 592 | 10.2% | |
| -0.3 to -0.2 | 1,051 | 18.1% | |
| -0.2 to -0.1 | 1,051 | 18.1% | |
| -0.1 to 0.0 | 550 | 9.5% | |
| 0.0 to 0.1 | 549 | 9.5% | |
| 0.1 to 0.2 | 458 | 7.9% | |
| 0.2 to 0.3 | 458 | 7.9% | |
| 0.3 to 0.4 | 187 | 3.2% | |
| 0.4 to 0.5 | 186 | 3.2% | |
| 0.5 to 0.6 | 10 | 0.2% | |
| 0.6 to 0.7 | 9 | 0.2% | |
| 0.7 to 0.8 | 5 | 0.1% | |
| 0.8 to 0.9 | 5 | 0.1% | |
| 0.9 to 1.0 | 8 | 0.1% |
Frequently asked questions
What is the average correlation of SZZL?
Sizzle Acquisition Corp. II Class A ordinary shares (SZZL) has an average correlation of about -0.104 with other NASDAQ stocks, based on 5,805 pairwise observations.
Is SZZL positively correlated with other stocks?
Not predominantly — 32.3% of pairs are positive and 67.7% are negative. Strong positive correlations (≥0.7) make up 0.3%.
What is the most common correlation range for SZZL?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 70.9% of all pairs.
Explore the full interactive correlation distribution for SZZL.
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