Bancfirst Corp (BANF) Correlation Distribution
Across 6,809 rolling correlation observations between Bancfirst Corp (BANF) and other NASDAQ-listed stocks, 38.8% are positive and 61.2% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.135, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 10% and strong negative correlations (≤−0.7) for 16.3%.
- Total observations
- 6,809
- Mean correlation
- -0.135
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.8%
- Strong positive (≥0.7)
- 10%
- Sector
- National Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 556 | 8.2% | |
| -0.8 to -0.7 | 556 | 8.2% | |
| -0.7 to -0.6 | 697 | 10.2% | |
| -0.6 to -0.5 | 697 | 10.2% | |
| -0.5 to -0.4 | 429 | 6.3% | |
| -0.4 to -0.3 | 428 | 6.3% | |
| -0.3 to -0.2 | 275 | 4.0% | |
| -0.2 to -0.1 | 274 | 4.0% | |
| -0.1 to 0.0 | 256 | 3.8% | |
| 0.0 to 0.1 | 256 | 3.8% | |
| 0.1 to 0.2 | 248 | 3.6% | |
| 0.2 to 0.3 | 248 | 3.6% | |
| 0.3 to 0.4 | 272 | 4.0% | |
| 0.4 to 0.5 | 271 | 4.0% | |
| 0.5 to 0.6 | 333 | 4.9% | |
| 0.6 to 0.7 | 332 | 4.9% | |
| 0.7 to 0.8 | 331 | 4.9% | |
| 0.8 to 0.9 | 330 | 4.8% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of BANF?
Bancfirst Corp (BANF) has an average correlation of about -0.135 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BANF positively correlated with other stocks?
Not predominantly — 38.8% of pairs are positive and 61.2% are negative. Strong positive correlations (≥0.7) make up 10%.
What is the most common correlation range for BANF?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 22.9% of all pairs.
Explore the full interactive correlation distribution for BANF.
Open interactive dashboard →