FIF (FIF) Correlation Distribution
Across 6,646 rolling correlation observations between FIF (FIF) and other NASDAQ-listed stocks, 39.3% are positive and 60.7% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.102, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.4% and strong negative correlations (≤−0.7) for 13.1%.
- Total observations
- 6,646
- Mean correlation
- -0.102
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.3%
- Strong positive (≥0.7)
- 13.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 432 | 6.5% | |
| -0.8 to -0.7 | 432 | 6.5% | |
| -0.7 to -0.6 | 715 | 10.8% | |
| -0.6 to -0.5 | 715 | 10.8% | |
| -0.5 to -0.4 | 447 | 6.7% | |
| -0.4 to -0.3 | 447 | 6.7% | |
| -0.3 to -0.2 | 300 | 4.5% | |
| -0.2 to -0.1 | 300 | 4.5% | |
| -0.1 to 0.0 | 245 | 3.7% | |
| 0.0 to 0.1 | 245 | 3.7% | |
| 0.1 to 0.2 | 206 | 3.1% | |
| 0.2 to 0.3 | 206 | 3.1% | |
| 0.3 to 0.4 | 228 | 3.4% | |
| 0.4 to 0.5 | 227 | 3.4% | |
| 0.5 to 0.6 | 303 | 4.6% | |
| 0.6 to 0.7 | 303 | 4.6% | |
| 0.7 to 0.8 | 396 | 6.0% | |
| 0.8 to 0.9 | 395 | 5.9% | |
| 0.9 to 1.0 | 100 | 1.5% |
Frequently asked questions
What is the average correlation of FIF?
FIF (FIF) has an average correlation of about -0.102 with other NASDAQ stocks, based on 6,646 pairwise observations.
Is FIF positively correlated with other stocks?
Not predominantly — 39.3% of pairs are positive and 60.7% are negative. Strong positive correlations (≥0.7) make up 13.4%.
What is the most common correlation range for FIF?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 22.6% of all pairs.
Explore the full interactive correlation distribution for FIF.
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