TRKA (TRKA) Correlation Distribution
Across 6,438 rolling correlation observations between TRKA (TRKA) and other NASDAQ-listed stocks, 77.7% are positive and 22.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.43, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 50.3% and strong negative correlations (≤−0.7) for 6.2%.
- Total observations
- 6,438
- Mean correlation
- 0.43
- Most common range
- 0.7 to 0.8
- Positive pairs
- 77.7%
- Strong positive (≥0.7)
- 50.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 197 | 3.1% | |
| -0.8 to -0.7 | 197 | 3.1% | |
| -0.7 to -0.6 | 191 | 3.0% | |
| -0.6 to -0.5 | 190 | 3.0% | |
| -0.5 to -0.4 | 140 | 2.2% | |
| -0.4 to -0.3 | 139 | 2.2% | |
| -0.3 to -0.2 | 128 | 2.0% | |
| -0.2 to -0.1 | 127 | 2.0% | |
| -0.1 to 0.0 | 124 | 1.9% | |
| 0.0 to 0.1 | 123 | 1.9% | |
| 0.1 to 0.2 | 172 | 2.7% | |
| 0.2 to 0.3 | 171 | 2.7% | |
| 0.3 to 0.4 | 251 | 3.9% | |
| 0.4 to 0.5 | 251 | 3.9% | |
| 0.5 to 0.6 | 398 | 6.2% | |
| 0.6 to 0.7 | 398 | 6.2% | |
| 0.7 to 0.8 | 1,128 | 17.5% | |
| 0.8 to 0.9 | 1,128 | 17.5% | |
| 0.9 to 1.0 | 980 | 15.2% |
Frequently asked questions
What is the average correlation of TRKA?
TRKA (TRKA) has an average correlation of about 0.43 with other NASDAQ stocks, based on 6,438 pairwise observations.
Is TRKA positively correlated with other stocks?
Mostly yes — 77.7% of pairs are positive and 22.3% are negative. Strong positive correlations (≥0.7) make up 50.3%.
What is the most common correlation range for TRKA?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 13.1% of all pairs.
Explore the full interactive correlation distribution for TRKA.
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