National Beverage Corp. (FIZZ) Correlation Distribution
Across 6,809 rolling correlation observations between National Beverage Corp. (FIZZ) and other NASDAQ-listed stocks, 68.4% are positive and 31.6% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.102, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 0.1% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,809
- Mean correlation
- 0.102
- Most common range
- 0.1 to 0.2
- Positive pairs
- 68.4%
- Strong positive (≥0.7)
- 0.1%
- Sector
- Bottled & Canned Soft Drinks & Carbonated Waters
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 27 | 0.4% | |
| -0.6 to -0.5 | 26 | 0.4% | |
| -0.5 to -0.4 | 136 | 2.0% | |
| -0.4 to -0.3 | 135 | 2.0% | |
| -0.3 to -0.2 | 379 | 5.6% | |
| -0.2 to -0.1 | 379 | 5.6% | |
| -0.1 to 0.0 | 1,065 | 15.6% | |
| 0.0 to 0.1 | 1,064 | 15.6% | |
| 0.1 to 0.2 | 1,202 | 17.7% | |
| 0.2 to 0.3 | 1,201 | 17.6% | |
| 0.3 to 0.4 | 523 | 7.7% | |
| 0.4 to 0.5 | 523 | 7.7% | |
| 0.5 to 0.6 | 72 | 1.1% | |
| 0.6 to 0.7 | 71 | 1.0% | |
| 0.7 to 0.8 | 2 | 0.0% | |
| 0.8 to 0.9 | 2 | 0.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of FIZZ?
National Beverage Corp. (FIZZ) has an average correlation of about 0.102 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FIZZ positively correlated with other stocks?
Mostly yes — 68.4% of pairs are positive and 31.6% are negative. Strong positive correlations (≥0.7) make up 0.1%.
What is the most common correlation range for FIZZ?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 77.7% of all pairs.
Explore the full interactive correlation distribution for FIZZ.
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