Citizens Financial Group, Inc. (CFG) Correlation Distribution
Across 6,809 rolling correlation observations between Citizens Financial Group, Inc. (CFG) and other NASDAQ-listed stocks, 80.8% are positive and 19.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.277, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.1% and strong negative correlations (≤−0.7) for 1.3%.
- Total observations
- 6,809
- Mean correlation
- 0.277
- Most common range
- 0.3 to 0.4
- Positive pairs
- 80.8%
- Strong positive (≥0.7)
- 8.1%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 43 | 0.6% | |
| -0.8 to -0.7 | 43 | 0.6% | |
| -0.7 to -0.6 | 80 | 1.2% | |
| -0.6 to -0.5 | 80 | 1.2% | |
| -0.5 to -0.4 | 105 | 1.5% | |
| -0.4 to -0.3 | 105 | 1.5% | |
| -0.3 to -0.2 | 201 | 3.0% | |
| -0.2 to -0.1 | 201 | 3.0% | |
| -0.1 to 0.0 | 446 | 6.6% | |
| 0.0 to 0.1 | 445 | 6.5% | |
| 0.1 to 0.2 | 725 | 10.6% | |
| 0.2 to 0.3 | 724 | 10.6% | |
| 0.3 to 0.4 | 883 | 13.0% | |
| 0.4 to 0.5 | 882 | 13.0% | |
| 0.5 to 0.6 | 647 | 9.5% | |
| 0.6 to 0.7 | 646 | 9.5% | |
| 0.7 to 0.8 | 263 | 3.9% | |
| 0.8 to 0.9 | 263 | 3.9% | |
| 0.9 to 1.0 | 26 | 0.4% |
Frequently asked questions
What is the average correlation of CFG?
Citizens Financial Group, Inc. (CFG) has an average correlation of about 0.277 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CFG positively correlated with other stocks?
Mostly yes — 80.8% of pairs are positive and 19.2% are negative. Strong positive correlations (≥0.7) make up 8.1%.
What is the most common correlation range for CFG?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 40.3% of all pairs.
Explore the full interactive correlation distribution for CFG.
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