First Financial Bankshares Inc (FFIN) Correlation Distribution
Across 6,809 rolling correlation observations between First Financial Bankshares Inc (FFIN) and other NASDAQ-listed stocks, 75.3% are positive and 24.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.315, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 19.1% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,809
- Mean correlation
- 0.315
- Most common range
- 0.5 to 0.6
- Positive pairs
- 75.3%
- Strong positive (≥0.7)
- 19.1%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 53 | 0.8% | |
| -0.8 to -0.7 | 52 | 0.8% | |
| -0.7 to -0.6 | 86 | 1.3% | |
| -0.6 to -0.5 | 86 | 1.3% | |
| -0.5 to -0.4 | 196 | 2.9% | |
| -0.4 to -0.3 | 195 | 2.9% | |
| -0.3 to -0.2 | 347 | 5.1% | |
| -0.2 to -0.1 | 346 | 5.1% | |
| -0.1 to 0.0 | 306 | 4.5% | |
| 0.0 to 0.1 | 306 | 4.5% | |
| 0.1 to 0.2 | 368 | 5.4% | |
| 0.2 to 0.3 | 367 | 5.4% | |
| 0.3 to 0.4 | 564 | 8.3% | |
| 0.4 to 0.5 | 564 | 8.3% | |
| 0.5 to 0.6 | 828 | 12.2% | |
| 0.6 to 0.7 | 827 | 12.1% | |
| 0.7 to 0.8 | 629 | 9.2% | |
| 0.8 to 0.9 | 629 | 9.2% | |
| 0.9 to 1.0 | 45 | 0.7% |
Frequently asked questions
What is the average correlation of FFIN?
First Financial Bankshares Inc (FFIN) has an average correlation of about 0.315 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FFIN positively correlated with other stocks?
Mostly yes — 75.3% of pairs are positive and 24.7% are negative. Strong positive correlations (≥0.7) make up 19.1%.
What is the most common correlation range for FFIN?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 30% of all pairs.
Explore the full interactive correlation distribution for FFIN.
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