Flanigan's Enterprises Inc (BDL) Correlation Distribution
Across 6,749 rolling correlation observations between Flanigan's Enterprises Inc (BDL) and other NASDAQ-listed stocks, 61.5% are positive and 38.5% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.096, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,749
- Mean correlation
- 0.096
- Most common range
- 0.1 to 0.2
- Positive pairs
- 61.5%
- Strong positive (≥0.7)
- 1.2%
- Sector
- Retail-Eating Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 8 | 0.1% | |
| -0.8 to -0.7 | 7 | 0.1% | |
| -0.7 to -0.6 | 126 | 1.9% | |
| -0.6 to -0.5 | 126 | 1.9% | |
| -0.5 to -0.4 | 306 | 4.5% | |
| -0.4 to -0.3 | 306 | 4.5% | |
| -0.3 to -0.2 | 520 | 7.7% | |
| -0.2 to -0.1 | 519 | 7.7% | |
| -0.1 to 0.0 | 681 | 10.1% | |
| 0.0 to 0.1 | 681 | 10.1% | |
| 0.1 to 0.2 | 720 | 10.7% | |
| 0.2 to 0.3 | 720 | 10.7% | |
| 0.3 to 0.4 | 642 | 9.5% | |
| 0.4 to 0.5 | 641 | 9.5% | |
| 0.5 to 0.6 | 332 | 4.9% | |
| 0.6 to 0.7 | 331 | 4.9% | |
| 0.7 to 0.8 | 42 | 0.6% | |
| 0.8 to 0.9 | 41 | 0.6% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BDL?
Flanigan's Enterprises Inc (BDL) has an average correlation of about 0.096 with other NASDAQ stocks, based on 6,749 pairwise observations.
Is BDL positively correlated with other stocks?
Mostly yes — 61.5% of pairs are positive and 38.5% are negative. Strong positive correlations (≥0.7) make up 1.2%.
What is the most common correlation range for BDL?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 56.9% of all pairs.
Explore the full interactive correlation distribution for BDL.
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