FB Financial Corporation (FBK) Correlation Distribution
Across 6,809 rolling correlation observations between FB Financial Corporation (FBK) and other NASDAQ-listed stocks, 68.3% are positive and 31.7% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.178, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.4% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,809
- Mean correlation
- 0.178
- Most common range
- -0.1 to 0.0
- Positive pairs
- 68.3%
- Strong positive (≥0.7)
- 6.4%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 42 | 0.6% | |
| -0.8 to -0.7 | 41 | 0.6% | |
| -0.7 to -0.6 | 96 | 1.4% | |
| -0.6 to -0.5 | 95 | 1.4% | |
| -0.5 to -0.4 | 195 | 2.9% | |
| -0.4 to -0.3 | 195 | 2.9% | |
| -0.3 to -0.2 | 411 | 6.0% | |
| -0.2 to -0.1 | 411 | 6.0% | |
| -0.1 to 0.0 | 675 | 9.9% | |
| 0.0 to 0.1 | 674 | 9.9% | |
| 0.1 to 0.2 | 668 | 9.8% | |
| 0.2 to 0.3 | 667 | 9.8% | |
| 0.3 to 0.4 | 570 | 8.4% | |
| 0.4 to 0.5 | 570 | 8.4% | |
| 0.5 to 0.6 | 530 | 7.8% | |
| 0.6 to 0.7 | 530 | 7.8% | |
| 0.7 to 0.8 | 209 | 3.1% | |
| 0.8 to 0.9 | 208 | 3.1% | |
| 0.9 to 1.0 | 22 | 0.3% |
Frequently asked questions
What is the average correlation of FBK?
FB Financial Corporation (FBK) has an average correlation of about 0.178 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FBK positively correlated with other stocks?
Mostly yes — 68.3% of pairs are positive and 31.7% are negative. Strong positive correlations (≥0.7) make up 6.4%.
What is the most common correlation range for FBK?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 51.5% of all pairs.
Explore the full interactive correlation distribution for FBK.
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