UP Fintech Holding Ltd American Depositary Share representing fifteen Class A Ordinary Shares (TIGR) Correlation Distribution
Across 6,809 rolling correlation observations between UP Fintech Holding Ltd American Depositary Share representing fifteen Class A Ordinary Shares (TIGR) and other NASDAQ-listed stocks, 69.9% are positive and 30.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.248, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.4% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,809
- Mean correlation
- 0.248
- Most common range
- 0.5 to 0.6
- Positive pairs
- 69.9%
- Strong positive (≥0.7)
- 11.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 11 | 0.2% | |
| -0.8 to -0.7 | 10 | 0.1% | |
| -0.7 to -0.6 | 83 | 1.2% | |
| -0.6 to -0.5 | 82 | 1.2% | |
| -0.5 to -0.4 | 265 | 3.9% | |
| -0.4 to -0.3 | 265 | 3.9% | |
| -0.3 to -0.2 | 445 | 6.5% | |
| -0.2 to -0.1 | 444 | 6.5% | |
| -0.1 to 0.0 | 444 | 6.5% | |
| 0.0 to 0.1 | 444 | 6.5% | |
| 0.1 to 0.2 | 433 | 6.4% | |
| 0.2 to 0.3 | 432 | 6.3% | |
| 0.3 to 0.4 | 528 | 7.8% | |
| 0.4 to 0.5 | 527 | 7.7% | |
| 0.5 to 0.6 | 809 | 11.9% | |
| 0.6 to 0.7 | 808 | 11.9% | |
| 0.7 to 0.8 | 380 | 5.6% | |
| 0.8 to 0.9 | 380 | 5.6% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of TIGR?
UP Fintech Holding Ltd American Depositary Share representing fifteen Class A Ordinary Shares (TIGR) has an average correlation of about 0.248 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TIGR positively correlated with other stocks?
Mostly yes — 69.9% of pairs are positive and 30.1% are negative. Strong positive correlations (≥0.7) make up 11.4%.
What is the most common correlation range for TIGR?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 38.8% of all pairs.
Explore the full interactive correlation distribution for TIGR.
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