Xometry, Inc. Class A Common Stock (XMTR) Correlation Distribution
Across 6,805 rolling correlation observations between Xometry, Inc. Class A Common Stock (XMTR) and other NASDAQ-listed stocks, 70.3% are positive and 29.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.277, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 23.6% and strong negative correlations (≤−0.7) for 2.2%.
- Total observations
- 6,805
- Mean correlation
- 0.277
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.3%
- Strong positive (≥0.7)
- 23.6%
- Sector
- Services-Business Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 74 | 1.1% | |
| -0.8 to -0.7 | 73 | 1.1% | |
| -0.7 to -0.6 | 223 | 3.3% | |
| -0.6 to -0.5 | 222 | 3.3% | |
| -0.5 to -0.4 | 309 | 4.5% | |
| -0.4 to -0.3 | 309 | 4.5% | |
| -0.3 to -0.2 | 283 | 4.2% | |
| -0.2 to -0.1 | 282 | 4.1% | |
| -0.1 to 0.0 | 245 | 3.6% | |
| 0.0 to 0.1 | 244 | 3.6% | |
| 0.1 to 0.2 | 303 | 4.5% | |
| 0.2 to 0.3 | 302 | 4.4% | |
| 0.3 to 0.4 | 429 | 6.3% | |
| 0.4 to 0.5 | 429 | 6.3% | |
| 0.5 to 0.6 | 735 | 10.8% | |
| 0.6 to 0.7 | 735 | 10.8% | |
| 0.7 to 0.8 | 804 | 11.8% | |
| 0.8 to 0.9 | 803 | 11.8% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of XMTR?
Xometry, Inc. Class A Common Stock (XMTR) has an average correlation of about 0.277 with other NASDAQ stocks, based on 6,805 pairwise observations.
Is XMTR positively correlated with other stocks?
Mostly yes — 70.3% of pairs are positive and 29.7% are negative. Strong positive correlations (≥0.7) make up 23.6%.
What is the most common correlation range for XMTR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.4% of all pairs.
Explore the full interactive correlation distribution for XMTR.
Open interactive dashboard →