Bogota Financial Corp. Common Stock (BSBK) Correlation Distribution
Across 6,781 rolling correlation observations between Bogota Financial Corp. Common Stock (BSBK) and other NASDAQ-listed stocks, 66.5% are positive and 33.5% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.146, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.8% and strong negative correlations (≤−0.7) for 3.1%.
- Total observations
- 6,781
- Mean correlation
- 0.146
- Most common range
- 0.3 to 0.4
- Positive pairs
- 66.5%
- Strong positive (≥0.7)
- 6.8%
- Sector
- Savings Institutions, Not Federally Chartered
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 102 | 1.5% | |
| -0.8 to -0.7 | 102 | 1.5% | |
| -0.7 to -0.6 | 274 | 4.0% | |
| -0.6 to -0.5 | 274 | 4.0% | |
| -0.5 to -0.4 | 282 | 4.2% | |
| -0.4 to -0.3 | 282 | 4.2% | |
| -0.3 to -0.2 | 295 | 4.4% | |
| -0.2 to -0.1 | 294 | 4.3% | |
| -0.1 to 0.0 | 360 | 5.3% | |
| 0.0 to 0.1 | 359 | 5.3% | |
| 0.1 to 0.2 | 575 | 8.5% | |
| 0.2 to 0.3 | 575 | 8.5% | |
| 0.3 to 0.4 | 729 | 10.8% | |
| 0.4 to 0.5 | 728 | 10.7% | |
| 0.5 to 0.6 | 543 | 8.0% | |
| 0.6 to 0.7 | 542 | 8.0% | |
| 0.7 to 0.8 | 226 | 3.3% | |
| 0.8 to 0.9 | 225 | 3.3% | |
| 0.9 to 1.0 | 8 | 0.1% |
Frequently asked questions
What is the average correlation of BSBK?
Bogota Financial Corp. Common Stock (BSBK) has an average correlation of about 0.146 with other NASDAQ stocks, based on 6,781 pairwise observations.
Is BSBK positively correlated with other stocks?
Mostly yes — 66.5% of pairs are positive and 33.5% are negative. Strong positive correlations (≥0.7) make up 6.8%.
What is the most common correlation range for BSBK?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 36.2% of all pairs.
Explore the full interactive correlation distribution for BSBK.
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