FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock (FATBP) Correlation Distribution
Across 6,808 rolling correlation observations between FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock (FATBP) and other NASDAQ-listed stocks, 66.8% are positive and 33.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.187, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.3% and strong negative correlations (≤−0.7) for 5.1%.
- Total observations
- 6,808
- Mean correlation
- 0.187
- Most common range
- 0.5 to 0.6
- Positive pairs
- 66.8%
- Strong positive (≥0.7)
- 10.3%
- Sector
- Retail-Eating Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 7 | 0.1% | |
| -0.9 to -0.8 | 171 | 2.5% | |
| -0.8 to -0.7 | 170 | 2.5% | |
| -0.7 to -0.6 | 343 | 5.0% | |
| -0.6 to -0.5 | 342 | 5.0% | |
| -0.5 to -0.4 | 254 | 3.7% | |
| -0.4 to -0.3 | 254 | 3.7% | |
| -0.3 to -0.2 | 239 | 3.5% | |
| -0.2 to -0.1 | 239 | 3.5% | |
| -0.1 to 0.0 | 241 | 3.5% | |
| 0.0 to 0.1 | 241 | 3.5% | |
| 0.1 to 0.2 | 318 | 4.7% | |
| 0.2 to 0.3 | 317 | 4.7% | |
| 0.3 to 0.4 | 516 | 7.6% | |
| 0.4 to 0.5 | 516 | 7.6% | |
| 0.5 to 0.6 | 970 | 14.2% | |
| 0.6 to 0.7 | 969 | 14.2% | |
| 0.7 to 0.8 | 350 | 5.1% | |
| 0.8 to 0.9 | 349 | 5.1% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of FATBP?
FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock (FATBP) has an average correlation of about 0.187 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is FATBP positively correlated with other stocks?
Mostly yes — 66.8% of pairs are positive and 33.2% are negative. Strong positive correlations (≥0.7) make up 10.3%.
What is the most common correlation range for FATBP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 23.4% of all pairs.
Explore the full interactive correlation distribution for FATBP.
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