22nd Century Group Inc. (XXII) Correlation Distribution
Across 6,809 rolling correlation observations between 22nd Century Group Inc. (XXII) and other NASDAQ-listed stocks, 71.2% are positive and 28.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.319, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 36.7% and strong negative correlations (≤−0.7) for 3.8%.
- Total observations
- 6,809
- Mean correlation
- 0.319
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.2%
- Strong positive (≥0.7)
- 36.7%
- Sector
- Cigarettes
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 45 | 0.7% | |
| -0.9 to -0.8 | 106 | 1.6% | |
| -0.8 to -0.7 | 106 | 1.6% | |
| -0.7 to -0.6 | 303 | 4.4% | |
| -0.6 to -0.5 | 303 | 4.4% | |
| -0.5 to -0.4 | 246 | 3.6% | |
| -0.4 to -0.3 | 246 | 3.6% | |
| -0.3 to -0.2 | 201 | 3.0% | |
| -0.2 to -0.1 | 200 | 2.9% | |
| -0.1 to 0.0 | 205 | 3.0% | |
| 0.0 to 0.1 | 205 | 3.0% | |
| 0.1 to 0.2 | 233 | 3.4% | |
| 0.2 to 0.3 | 232 | 3.4% | |
| 0.3 to 0.4 | 304 | 4.5% | |
| 0.4 to 0.5 | 303 | 4.4% | |
| 0.5 to 0.6 | 538 | 7.9% | |
| 0.6 to 0.7 | 537 | 7.9% | |
| 0.7 to 0.8 | 1,090 | 16.0% | |
| 0.8 to 0.9 | 1,089 | 16.0% | |
| 0.9 to 1.0 | 317 | 4.7% |
Frequently asked questions
What is the average correlation of XXII?
22nd Century Group Inc. (XXII) has an average correlation of about 0.319 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is XXII positively correlated with other stocks?
Mostly yes — 71.2% of pairs are positive and 28.8% are negative. Strong positive correlations (≥0.7) make up 36.7%.
What is the most common correlation range for XXII?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.7% of all pairs.
Explore the full interactive correlation distribution for XXII.
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