Conifer Holdings, Inc (CNFR) Correlation Distribution
Across 6,765 rolling correlation observations between Conifer Holdings, Inc (CNFR) and other NASDAQ-listed stocks, 67.8% are positive and 32.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.272, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 37.8% and strong negative correlations (≤−0.7) for 8.7%.
- Total observations
- 6,765
- Mean correlation
- 0.272
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.8%
- Strong positive (≥0.7)
- 37.8%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 294 | 4.3% | |
| -0.8 to -0.7 | 294 | 4.3% | |
| -0.7 to -0.6 | 299 | 4.4% | |
| -0.6 to -0.5 | 299 | 4.4% | |
| -0.5 to -0.4 | 216 | 3.2% | |
| -0.4 to -0.3 | 215 | 3.2% | |
| -0.3 to -0.2 | 192 | 2.8% | |
| -0.2 to -0.1 | 191 | 2.8% | |
| -0.1 to 0.0 | 180 | 2.7% | |
| 0.0 to 0.1 | 180 | 2.7% | |
| 0.1 to 0.2 | 218 | 3.2% | |
| 0.2 to 0.3 | 218 | 3.2% | |
| 0.3 to 0.4 | 254 | 3.8% | |
| 0.4 to 0.5 | 253 | 3.7% | |
| 0.5 to 0.6 | 452 | 6.7% | |
| 0.6 to 0.7 | 451 | 6.7% | |
| 0.7 to 0.8 | 1,147 | 17.0% | |
| 0.8 to 0.9 | 1,146 | 16.9% | |
| 0.9 to 1.0 | 265 | 3.9% |
Frequently asked questions
What is the average correlation of CNFR?
Conifer Holdings, Inc (CNFR) has an average correlation of about 0.272 with other NASDAQ stocks, based on 6,765 pairwise observations.
Is CNFR positively correlated with other stocks?
Mostly yes — 67.8% of pairs are positive and 32.2% are negative. Strong positive correlations (≥0.7) make up 37.8%.
What is the most common correlation range for CNFR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.4% of all pairs.
Explore the full interactive correlation distribution for CNFR.
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