BranchOut Food Inc. Common Stock (BOF) Correlation Distribution
Across 5,969 rolling correlation observations between BranchOut Food Inc. Common Stock (BOF) and other NASDAQ-listed stocks, 53.9% are positive and 46.1% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.058, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.4% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 5,969
- Mean correlation
- 0.058
- Most common range
- -0.1 to 0.0
- Positive pairs
- 53.9%
- Strong positive (≥0.7)
- 0.4%
- Sector
- Food And Kindred Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 26 | 0.4% | |
| -0.6 to -0.5 | 25 | 0.4% | |
| -0.5 to -0.4 | 252 | 4.2% | |
| -0.4 to -0.3 | 251 | 4.2% | |
| -0.3 to -0.2 | 723 | 12.1% | |
| -0.2 to -0.1 | 722 | 12.1% | |
| -0.1 to 0.0 | 753 | 12.6% | |
| 0.0 to 0.1 | 752 | 12.6% | |
| 0.1 to 0.2 | 540 | 9.0% | |
| 0.2 to 0.3 | 540 | 9.0% | |
| 0.3 to 0.4 | 447 | 7.5% | |
| 0.4 to 0.5 | 447 | 7.5% | |
| 0.5 to 0.6 | 234 | 3.9% | |
| 0.6 to 0.7 | 234 | 3.9% | |
| 0.7 to 0.8 | 11 | 0.2% | |
| 0.8 to 0.9 | 10 | 0.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BOF?
BranchOut Food Inc. Common Stock (BOF) has an average correlation of about 0.058 with other NASDAQ stocks, based on 5,969 pairwise observations.
Is BOF positively correlated with other stocks?
Mostly yes — 53.9% of pairs are positive and 46.1% are negative. Strong positive correlations (≥0.7) make up 0.4%.
What is the most common correlation range for BOF?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 67.5% of all pairs.
Explore the full interactive correlation distribution for BOF.
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