TOMI Environmental Solutions, Inc. (TOMZ) Correlation Distribution
Across 6,808 rolling correlation observations between TOMI Environmental Solutions, Inc. (TOMZ) and other NASDAQ-listed stocks, 62.3% are positive and 37.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.171, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 14.6% and strong negative correlations (≤−0.7) for 2.3%.
- Total observations
- 6,808
- Mean correlation
- 0.171
- Most common range
- 0.5 to 0.6
- Positive pairs
- 62.3%
- Strong positive (≥0.7)
- 14.6%
- Sector
- Industrial Organic Chemicals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 77 | 1.1% | |
| -0.8 to -0.7 | 77 | 1.1% | |
| -0.7 to -0.6 | 253 | 3.7% | |
| -0.6 to -0.5 | 253 | 3.7% | |
| -0.5 to -0.4 | 385 | 5.7% | |
| -0.4 to -0.3 | 384 | 5.6% | |
| -0.3 to -0.2 | 369 | 5.4% | |
| -0.2 to -0.1 | 369 | 5.4% | |
| -0.1 to 0.0 | 402 | 5.9% | |
| 0.0 to 0.1 | 401 | 5.9% | |
| 0.1 to 0.2 | 378 | 5.6% | |
| 0.2 to 0.3 | 377 | 5.5% | |
| 0.3 to 0.4 | 424 | 6.2% | |
| 0.4 to 0.5 | 423 | 6.2% | |
| 0.5 to 0.6 | 622 | 9.1% | |
| 0.6 to 0.7 | 622 | 9.1% | |
| 0.7 to 0.8 | 441 | 6.5% | |
| 0.8 to 0.9 | 440 | 6.5% | |
| 0.9 to 1.0 | 110 | 1.6% |
Frequently asked questions
What is the average correlation of TOMZ?
TOMI Environmental Solutions, Inc. (TOMZ) has an average correlation of about 0.171 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is TOMZ positively correlated with other stocks?
Mostly yes — 62.3% of pairs are positive and 37.7% are negative. Strong positive correlations (≥0.7) make up 14.6%.
What is the most common correlation range for TOMZ?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 33.7% of all pairs.
Explore the full interactive correlation distribution for TOMZ.
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