5E Advanced Materials, Inc. Common Stock (FEAM) Correlation Distribution
Across 6,737 rolling correlation observations between 5E Advanced Materials, Inc. Common Stock (FEAM) and other NASDAQ-listed stocks, 62.1% are positive and 37.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.195, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 29.4% and strong negative correlations (≤−0.7) for 8.2%.
- Total observations
- 6,737
- Mean correlation
- 0.195
- Most common range
- 0.7 to 0.8
- Positive pairs
- 62.1%
- Strong positive (≥0.7)
- 29.4%
- Sector
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 9 | 0.1% | |
| -0.9 to -0.8 | 273 | 4.1% | |
| -0.8 to -0.7 | 273 | 4.1% | |
| -0.7 to -0.6 | 367 | 5.4% | |
| -0.6 to -0.5 | 367 | 5.4% | |
| -0.5 to -0.4 | 300 | 4.5% | |
| -0.4 to -0.3 | 300 | 4.5% | |
| -0.3 to -0.2 | 224 | 3.3% | |
| -0.2 to -0.1 | 223 | 3.3% | |
| -0.1 to 0.0 | 218 | 3.2% | |
| 0.0 to 0.1 | 218 | 3.2% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 251 | 3.7% | |
| 0.3 to 0.4 | 300 | 4.5% | |
| 0.4 to 0.5 | 300 | 4.5% | |
| 0.5 to 0.6 | 442 | 6.6% | |
| 0.6 to 0.7 | 441 | 6.5% | |
| 0.7 to 0.8 | 737 | 10.9% | |
| 0.8 to 0.9 | 737 | 10.9% | |
| 0.9 to 1.0 | 506 | 7.5% |
Frequently asked questions
What is the average correlation of FEAM?
5E Advanced Materials, Inc. Common Stock (FEAM) has an average correlation of about 0.195 with other NASDAQ stocks, based on 6,737 pairwise observations.
Is FEAM positively correlated with other stocks?
Mostly yes — 62.1% of pairs are positive and 37.9% are negative. Strong positive correlations (≥0.7) make up 29.4%.
What is the most common correlation range for FEAM?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.6% of all pairs.
Explore the full interactive correlation distribution for FEAM.
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