Flushing Financial Corp (FFIC) Correlation Distribution
Across 6,809 rolling correlation observations between Flushing Financial Corp (FFIC) and other NASDAQ-listed stocks, 72.3% are positive and 27.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.264, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 15% and strong negative correlations (≤−0.7) for 2.5%.
- Total observations
- 6,809
- Mean correlation
- 0.264
- Most common range
- 0.5 to 0.6
- Positive pairs
- 72.3%
- Strong positive (≥0.7)
- 15%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 17 | 0.2% | |
| -0.9 to -0.8 | 76 | 1.1% | |
| -0.8 to -0.7 | 76 | 1.1% | |
| -0.7 to -0.6 | 105 | 1.5% | |
| -0.6 to -0.5 | 105 | 1.5% | |
| -0.5 to -0.4 | 285 | 4.2% | |
| -0.4 to -0.3 | 284 | 4.2% | |
| -0.3 to -0.2 | 296 | 4.3% | |
| -0.2 to -0.1 | 295 | 4.3% | |
| -0.1 to 0.0 | 346 | 5.1% | |
| 0.0 to 0.1 | 345 | 5.1% | |
| 0.1 to 0.2 | 417 | 6.1% | |
| 0.2 to 0.3 | 417 | 6.1% | |
| 0.3 to 0.4 | 547 | 8.0% | |
| 0.4 to 0.5 | 547 | 8.0% | |
| 0.5 to 0.6 | 816 | 12.0% | |
| 0.6 to 0.7 | 816 | 12.0% | |
| 0.7 to 0.8 | 491 | 7.2% | |
| 0.8 to 0.9 | 490 | 7.2% | |
| 0.9 to 1.0 | 38 | 0.6% |
Frequently asked questions
What is the average correlation of FFIC?
Flushing Financial Corp (FFIC) has an average correlation of about 0.264 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FFIC positively correlated with other stocks?
Mostly yes — 72.3% of pairs are positive and 27.7% are negative. Strong positive correlations (≥0.7) make up 15%.
What is the most common correlation range for FFIC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 31.1% of all pairs.
Explore the full interactive correlation distribution for FFIC.
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