Citizens & Northern Corporation (CZNC) Correlation Distribution
Across 6,809 rolling correlation observations between Citizens & Northern Corporation (CZNC) and other NASDAQ-listed stocks, 71.3% are positive and 28.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.233, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.8% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,809
- Mean correlation
- 0.233
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.3%
- Strong positive (≥0.7)
- 11.8%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 22 | 0.3% | |
| -0.9 to -0.8 | 82 | 1.2% | |
| -0.8 to -0.7 | 82 | 1.2% | |
| -0.7 to -0.6 | 88 | 1.3% | |
| -0.6 to -0.5 | 88 | 1.3% | |
| -0.5 to -0.4 | 285 | 4.2% | |
| -0.4 to -0.3 | 284 | 4.2% | |
| -0.3 to -0.2 | 322 | 4.7% | |
| -0.2 to -0.1 | 321 | 4.7% | |
| -0.1 to 0.0 | 383 | 5.6% | |
| 0.0 to 0.1 | 382 | 5.6% | |
| 0.1 to 0.2 | 499 | 7.3% | |
| 0.2 to 0.3 | 499 | 7.3% | |
| 0.3 to 0.4 | 620 | 9.1% | |
| 0.4 to 0.5 | 619 | 9.1% | |
| 0.5 to 0.6 | 716 | 10.5% | |
| 0.6 to 0.7 | 715 | 10.5% | |
| 0.7 to 0.8 | 391 | 5.7% | |
| 0.8 to 0.9 | 391 | 5.7% | |
| 0.9 to 1.0 | 20 | 0.3% |
Frequently asked questions
What is the average correlation of CZNC?
Citizens & Northern Corporation (CZNC) has an average correlation of about 0.233 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CZNC positively correlated with other stocks?
Mostly yes — 71.3% of pairs are positive and 28.7% are negative. Strong positive correlations (≥0.7) make up 11.8%.
What is the most common correlation range for CZNC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.3% of all pairs.
Explore the full interactive correlation distribution for CZNC.
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