BancFirst Corporation - BFC Capital Trust II Cumulative Trust Pfd Secs (BANFP) Correlation Distribution
Across 6,556 rolling correlation observations between BancFirst Corporation - BFC Capital Trust II Cumulative Trust Pfd Secs (BANFP) and other NASDAQ-listed stocks, 64.6% are positive and 35.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.132, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.7% and strong negative correlations (≤−0.7) for 7.5%.
- Total observations
- 6,556
- Mean correlation
- 0.132
- Most common range
- 0.5 to 0.6
- Positive pairs
- 64.6%
- Strong positive (≥0.7)
- 6.7%
- Sector
- National Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 245 | 3.7% | |
| -0.8 to -0.7 | 245 | 3.7% | |
| -0.7 to -0.6 | 320 | 4.9% | |
| -0.6 to -0.5 | 320 | 4.9% | |
| -0.5 to -0.4 | 240 | 3.7% | |
| -0.4 to -0.3 | 240 | 3.7% | |
| -0.3 to -0.2 | 234 | 3.6% | |
| -0.2 to -0.1 | 233 | 3.6% | |
| -0.1 to 0.0 | 242 | 3.7% | |
| 0.0 to 0.1 | 241 | 3.7% | |
| 0.1 to 0.2 | 347 | 5.3% | |
| 0.2 to 0.3 | 347 | 5.3% | |
| 0.3 to 0.4 | 702 | 10.7% | |
| 0.4 to 0.5 | 702 | 10.7% | |
| 0.5 to 0.6 | 729 | 11.1% | |
| 0.6 to 0.7 | 729 | 11.1% | |
| 0.7 to 0.8 | 219 | 3.3% | |
| 0.8 to 0.9 | 219 | 3.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BANFP?
BancFirst Corporation - BFC Capital Trust II Cumulative Trust Pfd Secs (BANFP) has an average correlation of about 0.132 with other NASDAQ stocks, based on 6,556 pairwise observations.
Is BANFP positively correlated with other stocks?
Mostly yes — 64.6% of pairs are positive and 35.4% are negative. Strong positive correlations (≥0.7) make up 6.7%.
What is the most common correlation range for BANFP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 25.1% of all pairs.
Explore the full interactive correlation distribution for BANFP.
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