FICV (FICV) Correlation Distribution
Across 5,885 rolling correlation observations between FICV (FICV) and other NASDAQ-listed stocks, 28.8% are positive and 71.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.186, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 6.5% and strong negative correlations (≤−0.7) for 4.5%.
- Total observations
- 5,885
- Mean correlation
- -0.186
- Most common range
- -0.5 to -0.4
- Positive pairs
- 28.8%
- Strong positive (≥0.7)
- 6.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 130 | 2.2% | |
| -0.8 to -0.7 | 130 | 2.2% | |
| -0.7 to -0.6 | 710 | 12.1% | |
| -0.6 to -0.5 | 709 | 12.0% | |
| -0.5 to -0.4 | 810 | 13.8% | |
| -0.4 to -0.3 | 809 | 13.7% | |
| -0.3 to -0.2 | 333 | 5.7% | |
| -0.2 to -0.1 | 333 | 5.7% | |
| -0.1 to 0.0 | 222 | 3.8% | |
| 0.0 to 0.1 | 222 | 3.8% | |
| 0.1 to 0.2 | 191 | 3.2% | |
| 0.2 to 0.3 | 190 | 3.2% | |
| 0.3 to 0.4 | 155 | 2.6% | |
| 0.4 to 0.5 | 154 | 2.6% | |
| 0.5 to 0.6 | 201 | 3.4% | |
| 0.6 to 0.7 | 201 | 3.4% | |
| 0.7 to 0.8 | 185 | 3.1% | |
| 0.8 to 0.9 | 185 | 3.1% | |
| 0.9 to 1.0 | 13 | 0.2% |
Frequently asked questions
What is the average correlation of FICV?
FICV (FICV) has an average correlation of about -0.186 with other NASDAQ stocks, based on 5,885 pairwise observations.
Is FICV positively correlated with other stocks?
Not predominantly — 28.8% of pairs are positive and 71.2% are negative. Strong positive correlations (≥0.7) make up 6.5%.
What is the most common correlation range for FICV?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 25.3% of all pairs.
Explore the full interactive correlation distribution for FICV.
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