Comfort Systems USA, Inc. (FIX) Correlation Distribution
Across 6,809 rolling correlation observations between Comfort Systems USA, Inc. (FIX) and other NASDAQ-listed stocks, 37.7% are positive and 62.3% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.104, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 17% and strong negative correlations (≤−0.7) for 11.7%.
- Total observations
- 6,809
- Mean correlation
- -0.104
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.7%
- Strong positive (≥0.7)
- 17%
- Sector
- Electrical Work
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 20 | 0.3% | |
| -0.9 to -0.8 | 390 | 5.7% | |
| -0.8 to -0.7 | 390 | 5.7% | |
| -0.7 to -0.6 | 897 | 13.2% | |
| -0.6 to -0.5 | 896 | 13.2% | |
| -0.5 to -0.4 | 473 | 6.9% | |
| -0.4 to -0.3 | 472 | 6.9% | |
| -0.3 to -0.2 | 246 | 3.6% | |
| -0.2 to -0.1 | 245 | 3.6% | |
| -0.1 to 0.0 | 215 | 3.2% | |
| 0.0 to 0.1 | 214 | 3.1% | |
| 0.1 to 0.2 | 177 | 2.6% | |
| 0.2 to 0.3 | 176 | 2.6% | |
| 0.3 to 0.4 | 198 | 2.9% | |
| 0.4 to 0.5 | 198 | 2.9% | |
| 0.5 to 0.6 | 222 | 3.3% | |
| 0.6 to 0.7 | 222 | 3.3% | |
| 0.7 to 0.8 | 365 | 5.4% | |
| 0.8 to 0.9 | 364 | 5.3% | |
| 0.9 to 1.0 | 429 | 6.3% |
Frequently asked questions
What is the average correlation of FIX?
Comfort Systems USA, Inc. (FIX) has an average correlation of about -0.104 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FIX positively correlated with other stocks?
Not predominantly — 37.7% of pairs are positive and 62.3% are negative. Strong positive correlations (≥0.7) make up 17%.
What is the most common correlation range for FIX?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.7% of all pairs.
Explore the full interactive correlation distribution for FIX.
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