TAT Technologies Ltd (TATT) Correlation Distribution
Across 6,801 rolling correlation observations between TAT Technologies Ltd (TATT) and other NASDAQ-listed stocks, 38.7% are positive and 61.3% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.059, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 14.4% and strong negative correlations (≤−0.7) for 4.8%.
- Total observations
- 6,801
- Mean correlation
- -0.059
- Most common range
- -0.5 to -0.4
- Positive pairs
- 38.7%
- Strong positive (≥0.7)
- 14.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 162 | 2.4% | |
| -0.8 to -0.7 | 162 | 2.4% | |
| -0.7 to -0.6 | 624 | 9.2% | |
| -0.6 to -0.5 | 623 | 9.2% | |
| -0.5 to -0.4 | 808 | 11.9% | |
| -0.4 to -0.3 | 808 | 11.9% | |
| -0.3 to -0.2 | 361 | 5.3% | |
| -0.2 to -0.1 | 360 | 5.3% | |
| -0.1 to 0.0 | 253 | 3.7% | |
| 0.0 to 0.1 | 252 | 3.7% | |
| 0.1 to 0.2 | 207 | 3.0% | |
| 0.2 to 0.3 | 207 | 3.0% | |
| 0.3 to 0.4 | 220 | 3.2% | |
| 0.4 to 0.5 | 219 | 3.2% | |
| 0.5 to 0.6 | 275 | 4.0% | |
| 0.6 to 0.7 | 274 | 4.0% | |
| 0.7 to 0.8 | 400 | 5.9% | |
| 0.8 to 0.9 | 399 | 5.9% | |
| 0.9 to 1.0 | 182 | 2.7% |
Frequently asked questions
What is the average correlation of TATT?
TAT Technologies Ltd (TATT) has an average correlation of about -0.059 with other NASDAQ stocks, based on 6,801 pairwise observations.
Is TATT positively correlated with other stocks?
Not predominantly — 38.7% of pairs are positive and 61.3% are negative. Strong positive correlations (≥0.7) make up 14.4%.
What is the most common correlation range for TATT?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 24.1% of all pairs.
Explore the full interactive correlation distribution for TATT.
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