Zepp Health Corporation American depositary shares, each representing sixteen Class A ordinary shares (ZEPP) Correlation Distribution
Across 6,806 rolling correlation observations between Zepp Health Corporation American depositary shares, each representing sixteen Class A ordinary shares (ZEPP) and other NASDAQ-listed stocks, 71.7% are positive and 28.3% are negative. The most common correlation range is 0.9 to 1.0, and the average pairwise correlation is 0.36, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 41.2% and strong negative correlations (≤−0.7) for 3.2%.
- Total observations
- 6,806
- Mean correlation
- 0.36
- Most common range
- 0.9 to 1.0
- Positive pairs
- 71.7%
- Strong positive (≥0.7)
- 41.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 8 | 0.1% | |
| -0.9 to -0.8 | 107 | 1.6% | |
| -0.8 to -0.7 | 106 | 1.6% | |
| -0.7 to -0.6 | 286 | 4.2% | |
| -0.6 to -0.5 | 285 | 4.2% | |
| -0.5 to -0.4 | 265 | 3.9% | |
| -0.4 to -0.3 | 264 | 3.9% | |
| -0.3 to -0.2 | 208 | 3.1% | |
| -0.2 to -0.1 | 207 | 3.0% | |
| -0.1 to 0.0 | 192 | 2.8% | |
| 0.0 to 0.1 | 192 | 2.8% | |
| 0.1 to 0.2 | 207 | 3.0% | |
| 0.2 to 0.3 | 206 | 3.0% | |
| 0.3 to 0.4 | 276 | 4.1% | |
| 0.4 to 0.5 | 276 | 4.1% | |
| 0.5 to 0.6 | 460 | 6.8% | |
| 0.6 to 0.7 | 459 | 6.7% | |
| 0.7 to 0.8 | 843 | 12.4% | |
| 0.8 to 0.9 | 842 | 12.4% | |
| 0.9 to 1.0 | 1,117 | 16.4% |
Frequently asked questions
What is the average correlation of ZEPP?
Zepp Health Corporation American depositary shares, each representing sixteen Class A ordinary shares (ZEPP) has an average correlation of about 0.36 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is ZEPP positively correlated with other stocks?
Mostly yes — 71.7% of pairs are positive and 28.3% are negative. Strong positive correlations (≥0.7) make up 41.2%.
What is the most common correlation range for ZEPP?
The most common range is 0.9 to 1.0. Weak correlations (−0.3 to 0.3) account for 17.8% of all pairs.
Explore the full interactive correlation distribution for ZEPP.
Open interactive dashboard →