CFIV (CFIV) Correlation Distribution
Across 6,229 rolling correlation observations between CFIV (CFIV) and other NASDAQ-listed stocks, 23.6% are positive and 76.4% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.314, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 7.7% and strong negative correlations (≤−0.7) for 22.9%.
- Total observations
- 6,229
- Mean correlation
- -0.314
- Most common range
- -0.7 to -0.6
- Positive pairs
- 23.6%
- Strong positive (≥0.7)
- 7.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 69 | 1.1% | |
| -0.9 to -0.8 | 679 | 10.9% | |
| -0.8 to -0.7 | 679 | 10.9% | |
| -0.7 to -0.6 | 913 | 14.7% | |
| -0.6 to -0.5 | 912 | 14.6% | |
| -0.5 to -0.4 | 461 | 7.4% | |
| -0.4 to -0.3 | 461 | 7.4% | |
| -0.3 to -0.2 | 222 | 3.6% | |
| -0.2 to -0.1 | 222 | 3.6% | |
| -0.1 to 0.0 | 141 | 2.3% | |
| 0.0 to 0.1 | 141 | 2.3% | |
| 0.1 to 0.2 | 130 | 2.1% | |
| 0.2 to 0.3 | 129 | 2.1% | |
| 0.3 to 0.4 | 157 | 2.5% | |
| 0.4 to 0.5 | 157 | 2.5% | |
| 0.5 to 0.6 | 139 | 2.2% | |
| 0.6 to 0.7 | 138 | 2.2% | |
| 0.7 to 0.8 | 164 | 2.6% | |
| 0.8 to 0.9 | 163 | 2.6% | |
| 0.9 to 1.0 | 152 | 2.4% |
Frequently asked questions
What is the average correlation of CFIV?
CFIV (CFIV) has an average correlation of about -0.314 with other NASDAQ stocks, based on 6,229 pairwise observations.
Is CFIV positively correlated with other stocks?
Not predominantly — 23.6% of pairs are positive and 76.4% are negative. Strong positive correlations (≥0.7) make up 7.7%.
What is the most common correlation range for CFIV?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 15.8% of all pairs.
Explore the full interactive correlation distribution for CFIV.
Open interactive dashboard →