Four Seasons Education (Cayman) Inc. American depositary shares, each representing ten (10) Ordinary Shares (FEDU) Correlation Distribution
Across 6,577 rolling correlation observations between Four Seasons Education (Cayman) Inc. American depositary shares, each representing ten (10) Ordinary Shares (FEDU) and other NASDAQ-listed stocks, 66.4% are positive and 33.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.231, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 19.1% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,577
- Mean correlation
- 0.231
- Most common range
- 0.5 to 0.6
- Positive pairs
- 66.4%
- Strong positive (≥0.7)
- 19.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 14 | 0.2% | |
| -0.8 to -0.7 | 13 | 0.2% | |
| -0.7 to -0.6 | 235 | 3.6% | |
| -0.6 to -0.5 | 234 | 3.6% | |
| -0.5 to -0.4 | 391 | 5.9% | |
| -0.4 to -0.3 | 390 | 5.9% | |
| -0.3 to -0.2 | 312 | 4.7% | |
| -0.2 to -0.1 | 311 | 4.7% | |
| -0.1 to 0.0 | 308 | 4.7% | |
| 0.0 to 0.1 | 308 | 4.7% | |
| 0.1 to 0.2 | 336 | 5.1% | |
| 0.2 to 0.3 | 335 | 5.1% | |
| 0.3 to 0.4 | 394 | 6.0% | |
| 0.4 to 0.5 | 394 | 6.0% | |
| 0.5 to 0.6 | 674 | 10.2% | |
| 0.6 to 0.7 | 673 | 10.2% | |
| 0.7 to 0.8 | 628 | 9.5% | |
| 0.8 to 0.9 | 627 | 9.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of FEDU?
Four Seasons Education (Cayman) Inc. American depositary shares, each representing ten (10) Ordinary Shares (FEDU) has an average correlation of about 0.231 with other NASDAQ stocks, based on 6,577 pairwise observations.
Is FEDU positively correlated with other stocks?
Mostly yes — 66.4% of pairs are positive and 33.6% are negative. Strong positive correlations (≥0.7) make up 19.1%.
What is the most common correlation range for FEDU?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29% of all pairs.
Explore the full interactive correlation distribution for FEDU.
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