FirstCash Holdings, Inc. Common Stock (FCFS) Correlation Distribution
Across 6,809 rolling correlation observations between FirstCash Holdings, Inc. Common Stock (FCFS) and other NASDAQ-listed stocks, 36.4% are positive and 63.6% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.152, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.2% and strong negative correlations (≤−0.7) for 16.6%.
- Total observations
- 6,809
- Mean correlation
- -0.152
- Most common range
- -0.7 to -0.6
- Positive pairs
- 36.4%
- Strong positive (≥0.7)
- 13.2%
- Sector
- Retail-Miscellaneous Retail
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 11 | 0.2% | |
| -0.9 to -0.8 | 559 | 8.2% | |
| -0.8 to -0.7 | 559 | 8.2% | |
| -0.7 to -0.6 | 844 | 12.4% | |
| -0.6 to -0.5 | 844 | 12.4% | |
| -0.5 to -0.4 | 396 | 5.8% | |
| -0.4 to -0.3 | 396 | 5.8% | |
| -0.3 to -0.2 | 258 | 3.8% | |
| -0.2 to -0.1 | 257 | 3.8% | |
| -0.1 to 0.0 | 206 | 3.0% | |
| 0.0 to 0.1 | 205 | 3.0% | |
| 0.1 to 0.2 | 212 | 3.1% | |
| 0.2 to 0.3 | 212 | 3.1% | |
| 0.3 to 0.4 | 206 | 3.0% | |
| 0.4 to 0.5 | 205 | 3.0% | |
| 0.5 to 0.6 | 269 | 4.0% | |
| 0.6 to 0.7 | 269 | 4.0% | |
| 0.7 to 0.8 | 417 | 6.1% | |
| 0.8 to 0.9 | 417 | 6.1% | |
| 0.9 to 1.0 | 67 | 1.0% |
Frequently asked questions
What is the average correlation of FCFS?
FirstCash Holdings, Inc. Common Stock (FCFS) has an average correlation of about -0.152 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FCFS positively correlated with other stocks?
Not predominantly — 36.4% of pairs are positive and 63.6% are negative. Strong positive correlations (≥0.7) make up 13.2%.
What is the most common correlation range for FCFS?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 19.8% of all pairs.
Explore the full interactive correlation distribution for FCFS.
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