Foot Locker, Inc. (FL) Correlation Distribution
Across 6,809 rolling correlation observations between Foot Locker, Inc. (FL) and other NASDAQ-listed stocks, 70% are positive and 30% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.275, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 24.2% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.275
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70%
- Strong positive (≥0.7)
- 24.2%
- Sector
- Retail-Shoe Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 15 | 0.2% | |
| -0.8 to -0.7 | 15 | 0.2% | |
| -0.7 to -0.6 | 332 | 4.9% | |
| -0.6 to -0.5 | 331 | 4.9% | |
| -0.5 to -0.4 | 301 | 4.4% | |
| -0.4 to -0.3 | 301 | 4.4% | |
| -0.3 to -0.2 | 244 | 3.6% | |
| -0.2 to -0.1 | 243 | 3.6% | |
| -0.1 to 0.0 | 258 | 3.8% | |
| 0.0 to 0.1 | 257 | 3.8% | |
| 0.1 to 0.2 | 290 | 4.3% | |
| 0.2 to 0.3 | 290 | 4.3% | |
| 0.3 to 0.4 | 425 | 6.2% | |
| 0.4 to 0.5 | 424 | 6.2% | |
| 0.5 to 0.6 | 719 | 10.6% | |
| 0.6 to 0.7 | 718 | 10.5% | |
| 0.7 to 0.8 | 822 | 12.1% | |
| 0.8 to 0.9 | 821 | 12.1% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of FL?
Foot Locker, Inc. (FL) has an average correlation of about 0.275 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FL positively correlated with other stocks?
Mostly yes — 70% of pairs are positive and 30% are negative. Strong positive correlations (≥0.7) make up 24.2%.
What is the most common correlation range for FL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.2% of all pairs.
Explore the full interactive correlation distribution for FL.
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