Interactive Strength Inc. Common Stock (TRNR) Correlation Distribution
Across 6,058 rolling correlation observations between Interactive Strength Inc. Common Stock (TRNR) and other NASDAQ-listed stocks, 46.5% are positive and 53.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.002, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.2% and strong negative correlations (≤−0.7) for 7.9%.
- Total observations
- 6,058
- Mean correlation
- -0.002
- Most common range
- -0.7 to -0.6
- Positive pairs
- 46.5%
- Strong positive (≥0.7)
- 16.2%
- Sector
- Electronic & Other Electrical Equipment (No Computer Equip)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 238 | 3.9% | |
| -0.8 to -0.7 | 238 | 3.9% | |
| -0.7 to -0.6 | 579 | 9.6% | |
| -0.6 to -0.5 | 579 | 9.6% | |
| -0.5 to -0.4 | 406 | 6.7% | |
| -0.4 to -0.3 | 405 | 6.7% | |
| -0.3 to -0.2 | 292 | 4.8% | |
| -0.2 to -0.1 | 291 | 4.8% | |
| -0.1 to 0.0 | 210 | 3.5% | |
| 0.0 to 0.1 | 210 | 3.5% | |
| 0.1 to 0.2 | 221 | 3.6% | |
| 0.2 to 0.3 | 220 | 3.6% | |
| 0.3 to 0.4 | 256 | 4.2% | |
| 0.4 to 0.5 | 256 | 4.2% | |
| 0.5 to 0.6 | 336 | 5.5% | |
| 0.6 to 0.7 | 336 | 5.5% | |
| 0.7 to 0.8 | 409 | 6.8% | |
| 0.8 to 0.9 | 409 | 6.8% | |
| 0.9 to 1.0 | 165 | 2.7% |
Frequently asked questions
What is the average correlation of TRNR?
Interactive Strength Inc. Common Stock (TRNR) has an average correlation of about -0.002 with other NASDAQ stocks, based on 6,058 pairwise observations.
Is TRNR positively correlated with other stocks?
Not predominantly — 46.5% of pairs are positive and 53.5% are negative. Strong positive correlations (≥0.7) make up 16.2%.
What is the most common correlation range for TRNR?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 23.8% of all pairs.
Explore the full interactive correlation distribution for TRNR.
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