CFSB Bancorp, Inc. Common Stock (CFSB) Correlation Distribution
Across 6,680 rolling correlation observations between CFSB Bancorp, Inc. Common Stock (CFSB) and other NASDAQ-listed stocks, 65.9% are positive and 34.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.178, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 7.6% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,680
- Mean correlation
- 0.178
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.9%
- Strong positive (≥0.7)
- 7.6%
- Sector
- Savings Institution, Federally Chartered
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 16 | 0.2% | |
| -0.9 to -0.8 | 81 | 1.2% | |
| -0.8 to -0.7 | 81 | 1.2% | |
| -0.7 to -0.6 | 157 | 2.4% | |
| -0.6 to -0.5 | 156 | 2.3% | |
| -0.5 to -0.4 | 307 | 4.6% | |
| -0.4 to -0.3 | 306 | 4.6% | |
| -0.3 to -0.2 | 392 | 5.9% | |
| -0.2 to -0.1 | 391 | 5.9% | |
| -0.1 to 0.0 | 390 | 5.8% | |
| 0.0 to 0.1 | 389 | 5.8% | |
| 0.1 to 0.2 | 434 | 6.5% | |
| 0.2 to 0.3 | 433 | 6.5% | |
| 0.3 to 0.4 | 615 | 9.2% | |
| 0.4 to 0.5 | 615 | 9.2% | |
| 0.5 to 0.6 | 703 | 10.5% | |
| 0.6 to 0.7 | 703 | 10.5% | |
| 0.7 to 0.8 | 228 | 3.4% | |
| 0.8 to 0.9 | 227 | 3.4% | |
| 0.9 to 1.0 | 56 | 0.8% |
Frequently asked questions
What is the average correlation of CFSB?
CFSB Bancorp, Inc. Common Stock (CFSB) has an average correlation of about 0.178 with other NASDAQ stocks, based on 6,680 pairwise observations.
Is CFSB positively correlated with other stocks?
Mostly yes — 65.9% of pairs are positive and 34.1% are negative. Strong positive correlations (≥0.7) make up 7.6%.
What is the most common correlation range for CFSB?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 36.4% of all pairs.
Explore the full interactive correlation distribution for CFSB.
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