FAT Brands Inc. Class A Common Stock (FAT) Correlation Distribution
Across 6,809 rolling correlation observations between FAT Brands Inc. Class A Common Stock (FAT) and other NASDAQ-listed stocks, 72% are positive and 28% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.252, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.1% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,809
- Mean correlation
- 0.252
- Most common range
- 0.5 to 0.6
- Positive pairs
- 72%
- Strong positive (≥0.7)
- 11.1%
- Sector
- Retail-Eating Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 19 | 0.3% | |
| -0.8 to -0.7 | 19 | 0.3% | |
| -0.7 to -0.6 | 169 | 2.5% | |
| -0.6 to -0.5 | 168 | 2.5% | |
| -0.5 to -0.4 | 323 | 4.7% | |
| -0.4 to -0.3 | 323 | 4.7% | |
| -0.3 to -0.2 | 297 | 4.4% | |
| -0.2 to -0.1 | 296 | 4.3% | |
| -0.1 to 0.0 | 295 | 4.3% | |
| 0.0 to 0.1 | 294 | 4.3% | |
| 0.1 to 0.2 | 413 | 6.1% | |
| 0.2 to 0.3 | 412 | 6.1% | |
| 0.3 to 0.4 | 643 | 9.4% | |
| 0.4 to 0.5 | 643 | 9.4% | |
| 0.5 to 0.6 | 868 | 12.7% | |
| 0.6 to 0.7 | 868 | 12.7% | |
| 0.7 to 0.8 | 379 | 5.6% | |
| 0.8 to 0.9 | 379 | 5.6% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of FAT?
FAT Brands Inc. Class A Common Stock (FAT) has an average correlation of about 0.252 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FAT positively correlated with other stocks?
Mostly yes — 72% of pairs are positive and 28% are negative. Strong positive correlations (≥0.7) make up 11.1%.
What is the most common correlation range for FAT?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.5% of all pairs.
Explore the full interactive correlation distribution for FAT.
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