Enterprise Financial Services Corporation (EFSC) Correlation Distribution
Across 6,809 rolling correlation observations between Enterprise Financial Services Corporation (EFSC) and other NASDAQ-listed stocks, 58.5% are positive and 41.5% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.108, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 5.3% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- 0.108
- Most common range
- -0.1 to 0.0
- Positive pairs
- 58.5%
- Strong positive (≥0.7)
- 5.3%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 9 | 0.1% | |
| -0.8 to -0.7 | 8 | 0.1% | |
| -0.7 to -0.6 | 130 | 1.9% | |
| -0.6 to -0.5 | 130 | 1.9% | |
| -0.5 to -0.4 | 355 | 5.2% | |
| -0.4 to -0.3 | 354 | 5.2% | |
| -0.3 to -0.2 | 564 | 8.3% | |
| -0.2 to -0.1 | 564 | 8.3% | |
| -0.1 to 0.0 | 714 | 10.5% | |
| 0.0 to 0.1 | 713 | 10.5% | |
| 0.1 to 0.2 | 512 | 7.5% | |
| 0.2 to 0.3 | 511 | 7.5% | |
| 0.3 to 0.4 | 521 | 7.7% | |
| 0.4 to 0.5 | 520 | 7.6% | |
| 0.5 to 0.6 | 422 | 6.2% | |
| 0.6 to 0.7 | 422 | 6.2% | |
| 0.7 to 0.8 | 173 | 2.5% | |
| 0.8 to 0.9 | 173 | 2.5% | |
| 0.9 to 1.0 | 14 | 0.2% |
Frequently asked questions
What is the average correlation of EFSC?
Enterprise Financial Services Corporation (EFSC) has an average correlation of about 0.108 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EFSC positively correlated with other stocks?
Mostly yes — 58.5% of pairs are positive and 41.5% are negative. Strong positive correlations (≥0.7) make up 5.3%.
What is the most common correlation range for EFSC?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 52.5% of all pairs.
Explore the full interactive correlation distribution for EFSC.
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