Bassett Furniture Industries I (BSET) Correlation Distribution
Across 6,809 rolling correlation observations between Bassett Furniture Industries I (BSET) and other NASDAQ-listed stocks, 72.8% are positive and 27.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.228, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.4% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,809
- Mean correlation
- 0.228
- Most common range
- 0.3 to 0.4
- Positive pairs
- 72.8%
- Strong positive (≥0.7)
- 3.4%
- Sector
- Wood Household Furniture, (No Upholstered)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 11 | 0.2% | |
| -0.8 to -0.7 | 11 | 0.2% | |
| -0.7 to -0.6 | 88 | 1.3% | |
| -0.6 to -0.5 | 88 | 1.3% | |
| -0.5 to -0.4 | 225 | 3.3% | |
| -0.4 to -0.3 | 225 | 3.3% | |
| -0.3 to -0.2 | 410 | 6.0% | |
| -0.2 to -0.1 | 409 | 6.0% | |
| -0.1 to 0.0 | 386 | 5.7% | |
| 0.0 to 0.1 | 386 | 5.7% | |
| 0.1 to 0.2 | 530 | 7.8% | |
| 0.2 to 0.3 | 530 | 7.8% | |
| 0.3 to 0.4 | 860 | 12.6% | |
| 0.4 to 0.5 | 859 | 12.6% | |
| 0.5 to 0.6 | 779 | 11.4% | |
| 0.6 to 0.7 | 778 | 11.4% | |
| 0.7 to 0.8 | 117 | 1.7% | |
| 0.8 to 0.9 | 117 | 1.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BSET?
Bassett Furniture Industries I (BSET) has an average correlation of about 0.228 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BSET positively correlated with other stocks?
Mostly yes — 72.8% of pairs are positive and 27.2% are negative. Strong positive correlations (≥0.7) make up 3.4%.
What is the most common correlation range for BSET?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 38.9% of all pairs.
Explore the full interactive correlation distribution for BSET.
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