TRIS (TRIS) Correlation Distribution
Across 6,249 rolling correlation observations between TRIS (TRIS) and other NASDAQ-listed stocks, 33.1% are positive and 66.9% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.216, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.8% and strong negative correlations (≤−0.7) for 28.6%.
- Total observations
- 6,249
- Mean correlation
- -0.216
- Most common range
- -0.9 to -0.8
- Positive pairs
- 33.1%
- Strong positive (≥0.7)
- 13.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 176 | 2.8% | |
| -0.9 to -0.8 | 807 | 12.9% | |
| -0.8 to -0.7 | 806 | 12.9% | |
| -0.7 to -0.6 | 577 | 9.2% | |
| -0.6 to -0.5 | 576 | 9.2% | |
| -0.5 to -0.4 | 336 | 5.4% | |
| -0.4 to -0.3 | 335 | 5.4% | |
| -0.3 to -0.2 | 202 | 3.2% | |
| -0.2 to -0.1 | 202 | 3.2% | |
| -0.1 to 0.0 | 165 | 2.6% | |
| 0.0 to 0.1 | 164 | 2.6% | |
| 0.1 to 0.2 | 161 | 2.6% | |
| 0.2 to 0.3 | 161 | 2.6% | |
| 0.3 to 0.4 | 169 | 2.7% | |
| 0.4 to 0.5 | 169 | 2.7% | |
| 0.5 to 0.6 | 192 | 3.1% | |
| 0.6 to 0.7 | 191 | 3.1% | |
| 0.7 to 0.8 | 319 | 5.1% | |
| 0.8 to 0.9 | 318 | 5.1% | |
| 0.9 to 1.0 | 223 | 3.6% |
Frequently asked questions
What is the average correlation of TRIS?
TRIS (TRIS) has an average correlation of about -0.216 with other NASDAQ stocks, based on 6,249 pairwise observations.
Is TRIS positively correlated with other stocks?
Not predominantly — 33.1% of pairs are positive and 66.9% are negative. Strong positive correlations (≥0.7) make up 13.8%.
What is the most common correlation range for TRIS?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 16.9% of all pairs.
Explore the full interactive correlation distribution for TRIS.
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