CFIVU (CFIVU) Correlation Distribution
Across 5,728 rolling correlation observations between CFIVU (CFIVU) and other NASDAQ-listed stocks, 42% are positive and 58% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.065, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 5,728
- Mean correlation
- -0.065
- Most common range
- -0.3 to -0.2
- Positive pairs
- 42%
- Strong positive (≥0.7)
- 1.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 39 | 0.7% | |
| -0.8 to -0.7 | 39 | 0.7% | |
| -0.7 to -0.6 | 255 | 4.5% | |
| -0.6 to -0.5 | 255 | 4.5% | |
| -0.5 to -0.4 | 474 | 8.3% | |
| -0.4 to -0.3 | 473 | 8.3% | |
| -0.3 to -0.2 | 629 | 11.0% | |
| -0.2 to -0.1 | 629 | 11.0% | |
| -0.1 to 0.0 | 532 | 9.3% | |
| 0.0 to 0.1 | 532 | 9.3% | |
| 0.1 to 0.2 | 483 | 8.4% | |
| 0.2 to 0.3 | 483 | 8.4% | |
| 0.3 to 0.4 | 315 | 5.5% | |
| 0.4 to 0.5 | 315 | 5.5% | |
| 0.5 to 0.6 | 92 | 1.6% | |
| 0.6 to 0.7 | 92 | 1.6% | |
| 0.7 to 0.8 | 44 | 0.8% | |
| 0.8 to 0.9 | 44 | 0.8% | |
| 0.9 to 1.0 | 3 | 0.1% |
Frequently asked questions
What is the average correlation of CFIVU?
CFIVU (CFIVU) has an average correlation of about -0.065 with other NASDAQ stocks, based on 5,728 pairwise observations.
Is CFIVU positively correlated with other stocks?
Not predominantly — 42% of pairs are positive and 58% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for CFIVU?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 57.4% of all pairs.
Explore the full interactive correlation distribution for CFIVU.
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