Affirm Holdings, Inc. Class A Common Stock (AFRM) Correlation Distribution
Across 6,808 rolling correlation observations between Affirm Holdings, Inc. Class A Common Stock (AFRM) and other NASDAQ-listed stocks, 74.4% are positive and 25.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.294, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 15% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,808
- Mean correlation
- 0.294
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.4%
- Strong positive (≥0.7)
- 15%
- Sector
- Personal Credit Institutions
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 47 | 0.7% | |
| -0.8 to -0.7 | 46 | 0.7% | |
| -0.7 to -0.6 | 145 | 2.1% | |
| -0.6 to -0.5 | 144 | 2.1% | |
| -0.5 to -0.4 | 213 | 3.1% | |
| -0.4 to -0.3 | 213 | 3.1% | |
| -0.3 to -0.2 | 285 | 4.2% | |
| -0.2 to -0.1 | 284 | 4.2% | |
| -0.1 to 0.0 | 367 | 5.4% | |
| 0.0 to 0.1 | 367 | 5.4% | |
| 0.1 to 0.2 | 363 | 5.3% | |
| 0.2 to 0.3 | 362 | 5.3% | |
| 0.3 to 0.4 | 509 | 7.5% | |
| 0.4 to 0.5 | 508 | 7.5% | |
| 0.5 to 0.6 | 968 | 14.2% | |
| 0.6 to 0.7 | 968 | 14.2% | |
| 0.7 to 0.8 | 500 | 7.3% | |
| 0.8 to 0.9 | 499 | 7.3% | |
| 0.9 to 1.0 | 20 | 0.3% |
Frequently asked questions
What is the average correlation of AFRM?
Affirm Holdings, Inc. Class A Common Stock (AFRM) has an average correlation of about 0.294 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is AFRM positively correlated with other stocks?
Mostly yes — 74.4% of pairs are positive and 25.6% are negative. Strong positive correlations (≥0.7) make up 15%.
What is the most common correlation range for AFRM?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.8% of all pairs.
Explore the full interactive correlation distribution for AFRM.
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