Frequency Electronics, Inc. (FEIM) Correlation Distribution
Across 6,804 rolling correlation observations between Frequency Electronics, Inc. (FEIM) and other NASDAQ-listed stocks, 56.1% are positive and 43.9% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.089, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 8.8% and strong negative correlations (≤−0.7) for 2.3%.
- Total observations
- 6,804
- Mean correlation
- 0.089
- Most common range
- -0.1 to 0.0
- Positive pairs
- 56.1%
- Strong positive (≥0.7)
- 8.8%
- Sector
- Instruments For Meas & Testing Of Electricity & Elec Signals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 79 | 1.2% | |
| -0.8 to -0.7 | 78 | 1.1% | |
| -0.7 to -0.6 | 221 | 3.2% | |
| -0.6 to -0.5 | 221 | 3.2% | |
| -0.5 to -0.4 | 323 | 4.7% | |
| -0.4 to -0.3 | 323 | 4.7% | |
| -0.3 to -0.2 | 493 | 7.2% | |
| -0.2 to -0.1 | 492 | 7.2% | |
| -0.1 to 0.0 | 753 | 11.1% | |
| 0.0 to 0.1 | 753 | 11.1% | |
| 0.1 to 0.2 | 450 | 6.6% | |
| 0.2 to 0.3 | 450 | 6.6% | |
| 0.3 to 0.4 | 384 | 5.6% | |
| 0.4 to 0.5 | 383 | 5.6% | |
| 0.5 to 0.6 | 401 | 5.9% | |
| 0.6 to 0.7 | 400 | 5.9% | |
| 0.7 to 0.8 | 278 | 4.1% | |
| 0.8 to 0.9 | 277 | 4.1% | |
| 0.9 to 1.0 | 44 | 0.6% |
Frequently asked questions
What is the average correlation of FEIM?
Frequency Electronics, Inc. (FEIM) has an average correlation of about 0.089 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is FEIM positively correlated with other stocks?
Mostly yes — 56.1% of pairs are positive and 43.9% are negative. Strong positive correlations (≥0.7) make up 8.8%.
What is the most common correlation range for FEIM?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 49.8% of all pairs.
Explore the full interactive correlation distribution for FEIM.
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