Fiserv, Inc. (FI) Correlation Distribution
Across 6,360 rolling correlation observations between Fiserv, Inc. (FI) and other NASDAQ-listed stocks, 38.4% are positive and 61.6% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.172, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 18.6% and strong negative correlations (≤−0.7) for 35.4%.
- Total observations
- 6,360
- Mean correlation
- -0.172
- Most common range
- -0.9 to -0.8
- Positive pairs
- 38.4%
- Strong positive (≥0.7)
- 18.6%
- Sector
- Services-Business Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 400 | 6.3% | |
| -0.9 to -0.8 | 927 | 14.6% | |
| -0.8 to -0.7 | 927 | 14.6% | |
| -0.7 to -0.6 | 404 | 6.4% | |
| -0.6 to -0.5 | 404 | 6.4% | |
| -0.5 to -0.4 | 208 | 3.3% | |
| -0.4 to -0.3 | 207 | 3.3% | |
| -0.3 to -0.2 | 151 | 2.4% | |
| -0.2 to -0.1 | 150 | 2.4% | |
| -0.1 to 0.0 | 142 | 2.2% | |
| 0.0 to 0.1 | 142 | 2.2% | |
| 0.1 to 0.2 | 164 | 2.6% | |
| 0.2 to 0.3 | 163 | 2.6% | |
| 0.3 to 0.4 | 159 | 2.5% | |
| 0.4 to 0.5 | 158 | 2.5% | |
| 0.5 to 0.6 | 235 | 3.7% | |
| 0.6 to 0.7 | 234 | 3.7% | |
| 0.7 to 0.8 | 402 | 6.3% | |
| 0.8 to 0.9 | 402 | 6.3% | |
| 0.9 to 1.0 | 381 | 6.0% |
Frequently asked questions
What is the average correlation of FI?
Fiserv, Inc. (FI) has an average correlation of about -0.172 with other NASDAQ stocks, based on 6,360 pairwise observations.
Is FI positively correlated with other stocks?
Not predominantly — 38.4% of pairs are positive and 61.6% are negative. Strong positive correlations (≥0.7) make up 18.6%.
What is the most common correlation range for FI?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 14.3% of all pairs.
Explore the full interactive correlation distribution for FI.
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