Bread Financial Holdings, Inc. (BFH) Correlation Distribution
Across 6,724 rolling correlation observations between Bread Financial Holdings, Inc. (BFH) and other NASDAQ-listed stocks, 63.6% are positive and 36.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.178, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 12.2% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,724
- Mean correlation
- 0.178
- Most common range
- 0.5 to 0.6
- Positive pairs
- 63.6%
- Strong positive (≥0.7)
- 12.2%
- Sector
- Personal Credit Institutions
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 23 | 0.3% | |
| -0.8 to -0.7 | 23 | 0.3% | |
| -0.7 to -0.6 | 209 | 3.1% | |
| -0.6 to -0.5 | 208 | 3.1% | |
| -0.5 to -0.4 | 362 | 5.4% | |
| -0.4 to -0.3 | 361 | 5.4% | |
| -0.3 to -0.2 | 404 | 6.0% | |
| -0.2 to -0.1 | 404 | 6.0% | |
| -0.1 to 0.0 | 456 | 6.8% | |
| 0.0 to 0.1 | 456 | 6.8% | |
| 0.1 to 0.2 | 436 | 6.5% | |
| 0.2 to 0.3 | 435 | 6.5% | |
| 0.3 to 0.4 | 437 | 6.5% | |
| 0.4 to 0.5 | 437 | 6.5% | |
| 0.5 to 0.6 | 627 | 9.3% | |
| 0.6 to 0.7 | 627 | 9.3% | |
| 0.7 to 0.8 | 405 | 6.0% | |
| 0.8 to 0.9 | 405 | 6.0% | |
| 0.9 to 1.0 | 9 | 0.1% |
Frequently asked questions
What is the average correlation of BFH?
Bread Financial Holdings, Inc. (BFH) has an average correlation of about 0.178 with other NASDAQ stocks, based on 6,724 pairwise observations.
Is BFH positively correlated with other stocks?
Mostly yes — 63.6% of pairs are positive and 36.4% are negative. Strong positive correlations (≥0.7) make up 12.2%.
What is the most common correlation range for BFH?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 38.5% of all pairs.
Explore the full interactive correlation distribution for BFH.
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