FLIC (FLIC) Correlation Distribution
Across 6,808 rolling correlation observations between FLIC (FLIC) and other NASDAQ-listed stocks, 70.7% are positive and 29.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.272, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 24.9% and strong negative correlations (≤−0.7) for 4.2%.
- Total observations
- 6,808
- Mean correlation
- 0.272
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.7%
- Strong positive (≥0.7)
- 24.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 27 | 0.4% | |
| -0.9 to -0.8 | 130 | 1.9% | |
| -0.8 to -0.7 | 129 | 1.9% | |
| -0.7 to -0.6 | 282 | 4.1% | |
| -0.6 to -0.5 | 281 | 4.1% | |
| -0.5 to -0.4 | 240 | 3.5% | |
| -0.4 to -0.3 | 239 | 3.5% | |
| -0.3 to -0.2 | 216 | 3.2% | |
| -0.2 to -0.1 | 215 | 3.2% | |
| -0.1 to 0.0 | 237 | 3.5% | |
| 0.0 to 0.1 | 236 | 3.5% | |
| 0.1 to 0.2 | 298 | 4.4% | |
| 0.2 to 0.3 | 298 | 4.4% | |
| 0.3 to 0.4 | 393 | 5.8% | |
| 0.4 to 0.5 | 392 | 5.8% | |
| 0.5 to 0.6 | 751 | 11.0% | |
| 0.6 to 0.7 | 750 | 11.0% | |
| 0.7 to 0.8 | 813 | 11.9% | |
| 0.8 to 0.9 | 812 | 11.9% | |
| 0.9 to 1.0 | 69 | 1.0% |
Frequently asked questions
What is the average correlation of FLIC?
FLIC (FLIC) has an average correlation of about 0.272 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is FLIC positively correlated with other stocks?
Mostly yes — 70.7% of pairs are positive and 29.3% are negative. Strong positive correlations (≥0.7) make up 24.9%.
What is the most common correlation range for FLIC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22% of all pairs.
Explore the full interactive correlation distribution for FLIC.
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