Tigo Energy, Inc. Common Stock (TYGO) Correlation Distribution
Across 6,010 rolling correlation observations between Tigo Energy, Inc. Common Stock (TYGO) and other NASDAQ-listed stocks, 48.9% are positive and 51.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.054, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.4% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,010
- Mean correlation
- 0.054
- Most common range
- -0.5 to -0.4
- Positive pairs
- 48.9%
- Strong positive (≥0.7)
- 16.4%
- Sector
- Semiconductors & Related Devices
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 57 | 0.9% | |
| -0.8 to -0.7 | 56 | 0.9% | |
| -0.7 to -0.6 | 459 | 7.6% | |
| -0.6 to -0.5 | 458 | 7.6% | |
| -0.5 to -0.4 | 506 | 8.4% | |
| -0.4 to -0.3 | 506 | 8.4% | |
| -0.3 to -0.2 | 378 | 6.3% | |
| -0.2 to -0.1 | 378 | 6.3% | |
| -0.1 to 0.0 | 272 | 4.5% | |
| 0.0 to 0.1 | 272 | 4.5% | |
| 0.1 to 0.2 | 234 | 3.9% | |
| 0.2 to 0.3 | 234 | 3.9% | |
| 0.3 to 0.4 | 274 | 4.6% | |
| 0.4 to 0.5 | 274 | 4.6% | |
| 0.5 to 0.6 | 334 | 5.6% | |
| 0.6 to 0.7 | 334 | 5.6% | |
| 0.7 to 0.8 | 422 | 7.0% | |
| 0.8 to 0.9 | 422 | 7.0% | |
| 0.9 to 1.0 | 140 | 2.3% |
Frequently asked questions
What is the average correlation of TYGO?
Tigo Energy, Inc. Common Stock (TYGO) has an average correlation of about 0.054 with other NASDAQ stocks, based on 6,010 pairwise observations.
Is TYGO positively correlated with other stocks?
Not predominantly — 48.9% of pairs are positive and 51.1% are negative. Strong positive correlations (≥0.7) make up 16.4%.
What is the most common correlation range for TYGO?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 29.4% of all pairs.
Explore the full interactive correlation distribution for TYGO.
Open interactive dashboard →