BV Financial, Inc. Common Stock (BVFL) Correlation Distribution
Across 6,285 rolling correlation observations between BV Financial, Inc. Common Stock (BVFL) and other NASDAQ-listed stocks, 65.8% are positive and 34.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.148, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,285
- Mean correlation
- 0.148
- Most common range
- 0.3 to 0.4
- Positive pairs
- 65.8%
- Strong positive (≥0.7)
- 2.2%
- Sector
- Savings Institution, Federally Chartered
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 20 | 0.3% | |
| -0.8 to -0.7 | 19 | 0.3% | |
| -0.7 to -0.6 | 157 | 2.5% | |
| -0.6 to -0.5 | 157 | 2.5% | |
| -0.5 to -0.4 | 301 | 4.8% | |
| -0.4 to -0.3 | 301 | 4.8% | |
| -0.3 to -0.2 | 392 | 6.2% | |
| -0.2 to -0.1 | 391 | 6.2% | |
| -0.1 to 0.0 | 409 | 6.5% | |
| 0.0 to 0.1 | 408 | 6.5% | |
| 0.1 to 0.2 | 509 | 8.1% | |
| 0.2 to 0.3 | 509 | 8.1% | |
| 0.3 to 0.4 | 779 | 12.4% | |
| 0.4 to 0.5 | 778 | 12.4% | |
| 0.5 to 0.6 | 510 | 8.1% | |
| 0.6 to 0.7 | 509 | 8.1% | |
| 0.7 to 0.8 | 68 | 1.1% | |
| 0.8 to 0.9 | 67 | 1.1% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of BVFL?
BV Financial, Inc. Common Stock (BVFL) has an average correlation of about 0.148 with other NASDAQ stocks, based on 6,285 pairwise observations.
Is BVFL positively correlated with other stocks?
Mostly yes — 65.8% of pairs are positive and 34.2% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for BVFL?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 41.7% of all pairs.
Explore the full interactive correlation distribution for BVFL.
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