CFFE (CFFE) Correlation Distribution
Across 5,982 rolling correlation observations between CFFE (CFFE) and other NASDAQ-listed stocks, 22.9% are positive and 77.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.216, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 0.6% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 5,982
- Mean correlation
- -0.216
- Most common range
- -0.5 to -0.4
- Positive pairs
- 22.9%
- Strong positive (≥0.7)
- 0.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 12 | 0.2% | |
| -0.8 to -0.7 | 12 | 0.2% | |
| -0.7 to -0.6 | 495 | 8.3% | |
| -0.6 to -0.5 | 495 | 8.3% | |
| -0.5 to -0.4 | 1,213 | 20.3% | |
| -0.4 to -0.3 | 1,212 | 20.3% | |
| -0.3 to -0.2 | 476 | 8.0% | |
| -0.2 to -0.1 | 475 | 7.9% | |
| -0.1 to 0.0 | 222 | 3.7% | |
| 0.0 to 0.1 | 222 | 3.7% | |
| 0.1 to 0.2 | 176 | 2.9% | |
| 0.2 to 0.3 | 175 | 2.9% | |
| 0.3 to 0.4 | 185 | 3.1% | |
| 0.4 to 0.5 | 185 | 3.1% | |
| 0.5 to 0.6 | 195 | 3.3% | |
| 0.6 to 0.7 | 194 | 3.2% | |
| 0.7 to 0.8 | 17 | 0.3% | |
| 0.8 to 0.9 | 16 | 0.3% | |
| 0.9 to 1.0 | 5 | 0.1% |
Frequently asked questions
What is the average correlation of CFFE?
CFFE (CFFE) has an average correlation of about -0.216 with other NASDAQ stocks, based on 5,982 pairwise observations.
Is CFFE positively correlated with other stocks?
Not predominantly — 22.9% of pairs are positive and 77.1% are negative. Strong positive correlations (≥0.7) make up 0.6%.
What is the most common correlation range for CFFE?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 29.2% of all pairs.
Explore the full interactive correlation distribution for CFFE.
Open interactive dashboard →