Ucommune International Ltd Warrant expiring 11/17/2025 (UKOMW) Correlation Distribution
Across 6,619 rolling correlation observations between Ucommune International Ltd Warrant expiring 11/17/2025 (UKOMW) and other NASDAQ-listed stocks, 69.8% are positive and 30.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.32, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 39.6% and strong negative correlations (≤−0.7) for 5.2%.
- Total observations
- 6,619
- Mean correlation
- 0.32
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.8%
- Strong positive (≥0.7)
- 39.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 171 | 2.6% | |
| -0.8 to -0.7 | 170 | 2.6% | |
| -0.7 to -0.6 | 301 | 4.5% | |
| -0.6 to -0.5 | 300 | 4.5% | |
| -0.5 to -0.4 | 246 | 3.7% | |
| -0.4 to -0.3 | 246 | 3.7% | |
| -0.3 to -0.2 | 188 | 2.8% | |
| -0.2 to -0.1 | 188 | 2.8% | |
| -0.1 to 0.0 | 192 | 2.9% | |
| 0.0 to 0.1 | 192 | 2.9% | |
| 0.1 to 0.2 | 191 | 2.9% | |
| 0.2 to 0.3 | 190 | 2.9% | |
| 0.3 to 0.4 | 275 | 4.2% | |
| 0.4 to 0.5 | 275 | 4.2% | |
| 0.5 to 0.6 | 436 | 6.6% | |
| 0.6 to 0.7 | 435 | 6.6% | |
| 0.7 to 0.8 | 957 | 14.5% | |
| 0.8 to 0.9 | 957 | 14.5% | |
| 0.9 to 1.0 | 709 | 10.7% |
Frequently asked questions
What is the average correlation of UKOMW?
Ucommune International Ltd Warrant expiring 11/17/2025 (UKOMW) has an average correlation of about 0.32 with other NASDAQ stocks, based on 6,619 pairwise observations.
Is UKOMW positively correlated with other stocks?
Mostly yes — 69.8% of pairs are positive and 30.2% are negative. Strong positive correlations (≥0.7) make up 39.6%.
What is the most common correlation range for UKOMW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.2% of all pairs.
Explore the full interactive correlation distribution for UKOMW.
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