JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares (ZJYL) Correlation Distribution
Across 6,127 rolling correlation observations between JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares (ZJYL) and other NASDAQ-listed stocks, 50.1% are positive and 49.9% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.019, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.7% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,127
- Mean correlation
- 0.019
- Most common range
- -0.1 to 0.0
- Positive pairs
- 50.1%
- Strong positive (≥0.7)
- 0.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 2 | 0.0% | |
| -0.7 to -0.6 | 69 | 1.1% | |
| -0.6 to -0.5 | 69 | 1.1% | |
| -0.5 to -0.4 | 376 | 6.1% | |
| -0.4 to -0.3 | 375 | 6.1% | |
| -0.3 to -0.2 | 710 | 11.6% | |
| -0.2 to -0.1 | 710 | 11.6% | |
| -0.1 to 0.0 | 742 | 12.1% | |
| 0.0 to 0.1 | 741 | 12.1% | |
| 0.1 to 0.2 | 582 | 9.5% | |
| 0.2 to 0.3 | 581 | 9.5% | |
| 0.3 to 0.4 | 386 | 6.3% | |
| 0.4 to 0.5 | 386 | 6.3% | |
| 0.5 to 0.6 | 178 | 2.9% | |
| 0.6 to 0.7 | 178 | 2.9% | |
| 0.7 to 0.8 | 20 | 0.3% | |
| 0.8 to 0.9 | 20 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ZJYL?
JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares (ZJYL) has an average correlation of about 0.019 with other NASDAQ stocks, based on 6,127 pairwise observations.
Is ZJYL positively correlated with other stocks?
Mostly yes — 50.1% of pairs are positive and 49.9% are negative. Strong positive correlations (≥0.7) make up 0.7%.
What is the most common correlation range for ZJYL?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 66.4% of all pairs.
Explore the full interactive correlation distribution for ZJYL.
Open interactive dashboard →