FIAC (FIAC) Correlation Distribution
Across 6,098 rolling correlation observations between FIAC (FIAC) and other NASDAQ-listed stocks, 30.5% are positive and 69.5% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.131, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 2.9%.
- Total observations
- 6,098
- Mean correlation
- -0.131
- Most common range
- -0.3 to -0.2
- Positive pairs
- 30.5%
- Strong positive (≥0.7)
- 1.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 12 | 0.2% | |
| -0.9 to -0.8 | 81 | 1.3% | |
| -0.8 to -0.7 | 81 | 1.3% | |
| -0.7 to -0.6 | 79 | 1.3% | |
| -0.6 to -0.5 | 79 | 1.3% | |
| -0.5 to -0.4 | 753 | 12.3% | |
| -0.4 to -0.3 | 752 | 12.3% | |
| -0.3 to -0.2 | 960 | 15.7% | |
| -0.2 to -0.1 | 959 | 15.7% | |
| -0.1 to 0.0 | 482 | 7.9% | |
| 0.0 to 0.1 | 481 | 7.9% | |
| 0.1 to 0.2 | 458 | 7.5% | |
| 0.2 to 0.3 | 457 | 7.5% | |
| 0.3 to 0.4 | 163 | 2.7% | |
| 0.4 to 0.5 | 162 | 2.7% | |
| 0.5 to 0.6 | 22 | 0.4% | |
| 0.6 to 0.7 | 22 | 0.4% | |
| 0.7 to 0.8 | 29 | 0.5% | |
| 0.8 to 0.9 | 29 | 0.5% | |
| 0.9 to 1.0 | 37 | 0.6% |
Frequently asked questions
What is the average correlation of FIAC?
FIAC (FIAC) has an average correlation of about -0.131 with other NASDAQ stocks, based on 6,098 pairwise observations.
Is FIAC positively correlated with other stocks?
Not predominantly — 30.5% of pairs are positive and 69.5% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for FIAC?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 62.3% of all pairs.
Explore the full interactive correlation distribution for FIAC.
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