Focus Universal Inc. Common Stock (FCUV) Correlation Distribution
Across 6,804 rolling correlation observations between Focus Universal Inc. Common Stock (FCUV) and other NASDAQ-listed stocks, 65.5% are positive and 34.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.176, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17.9% and strong negative correlations (≤−0.7) for 10.7%.
- Total observations
- 6,804
- Mean correlation
- 0.176
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.5%
- Strong positive (≥0.7)
- 17.9%
- Sector
- Industrial Instruments For Measurement, Display, And Control
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 36 | 0.5% | |
| -0.9 to -0.8 | 345 | 5.1% | |
| -0.8 to -0.7 | 344 | 5.1% | |
| -0.7 to -0.6 | 304 | 4.5% | |
| -0.6 to -0.5 | 304 | 4.5% | |
| -0.5 to -0.4 | 220 | 3.2% | |
| -0.4 to -0.3 | 220 | 3.2% | |
| -0.3 to -0.2 | 194 | 2.9% | |
| -0.2 to -0.1 | 193 | 2.8% | |
| -0.1 to 0.0 | 190 | 2.8% | |
| 0.0 to 0.1 | 189 | 2.8% | |
| 0.1 to 0.2 | 274 | 4.0% | |
| 0.2 to 0.3 | 274 | 4.0% | |
| 0.3 to 0.4 | 479 | 7.0% | |
| 0.4 to 0.5 | 479 | 7.0% | |
| 0.5 to 0.6 | 769 | 11.3% | |
| 0.6 to 0.7 | 769 | 11.3% | |
| 0.7 to 0.8 | 585 | 8.6% | |
| 0.8 to 0.9 | 584 | 8.6% | |
| 0.9 to 1.0 | 52 | 0.8% |
Frequently asked questions
What is the average correlation of FCUV?
Focus Universal Inc. Common Stock (FCUV) has an average correlation of about 0.176 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is FCUV positively correlated with other stocks?
Mostly yes — 65.5% of pairs are positive and 34.5% are negative. Strong positive correlations (≥0.7) make up 17.9%.
What is the most common correlation range for FCUV?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 19.3% of all pairs.
Explore the full interactive correlation distribution for FCUV.
Open interactive dashboard →