FAT Brands Inc. Warrant (FATBW) Correlation Distribution
Across 6,413 rolling correlation observations between FAT Brands Inc. Warrant (FATBW) and other NASDAQ-listed stocks, 76.2% are positive and 23.8% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.216, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,413
- Mean correlation
- 0.216
- Most common range
- 0.1 to 0.2
- Positive pairs
- 76.2%
- Strong positive (≥0.7)
- 1.6%
- Sector
- Retail-Eating Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 0 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 30 | 0.5% | |
| -0.6 to -0.5 | 29 | 0.5% | |
| -0.5 to -0.4 | 87 | 1.4% | |
| -0.4 to -0.3 | 87 | 1.4% | |
| -0.3 to -0.2 | 298 | 4.6% | |
| -0.2 to -0.1 | 297 | 4.6% | |
| -0.1 to 0.0 | 698 | 10.9% | |
| 0.0 to 0.1 | 697 | 10.9% | |
| 0.1 to 0.2 | 804 | 12.5% | |
| 0.2 to 0.3 | 803 | 12.5% | |
| 0.3 to 0.4 | 709 | 11.1% | |
| 0.4 to 0.5 | 709 | 11.1% | |
| 0.5 to 0.6 | 531 | 8.3% | |
| 0.6 to 0.7 | 530 | 8.3% | |
| 0.7 to 0.8 | 52 | 0.8% | |
| 0.8 to 0.9 | 52 | 0.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of FATBW?
FAT Brands Inc. Warrant (FATBW) has an average correlation of about 0.216 with other NASDAQ stocks, based on 6,413 pairwise observations.
Is FATBW positively correlated with other stocks?
Mostly yes — 76.2% of pairs are positive and 23.8% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for FATBW?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 56.1% of all pairs.
Explore the full interactive correlation distribution for FATBW.
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