Fluor Corporation (FLR) Correlation Distribution
Across 6,809 rolling correlation observations between Fluor Corporation (FLR) 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 -0.146, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 14.5% and strong negative correlations (≤−0.7) for 21%.
- Total observations
- 6,809
- Mean correlation
- -0.146
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.7%
- Strong positive (≥0.7)
- 14.5%
- Sector
- Heavy Construction Other Than Bldg Const - Contractors
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 714 | 10.5% | |
| -0.8 to -0.7 | 714 | 10.5% | |
| -0.7 to -0.6 | 732 | 10.8% | |
| -0.6 to -0.5 | 731 | 10.7% | |
| -0.5 to -0.4 | 343 | 5.0% | |
| -0.4 to -0.3 | 343 | 5.0% | |
| -0.3 to -0.2 | 233 | 3.4% | |
| -0.2 to -0.1 | 232 | 3.4% | |
| -0.1 to 0.0 | 199 | 2.9% | |
| 0.0 to 0.1 | 199 | 2.9% | |
| 0.1 to 0.2 | 199 | 2.9% | |
| 0.2 to 0.3 | 199 | 2.9% | |
| 0.3 to 0.4 | 197 | 2.9% | |
| 0.4 to 0.5 | 196 | 2.9% | |
| 0.5 to 0.6 | 294 | 4.3% | |
| 0.6 to 0.7 | 293 | 4.3% | |
| 0.7 to 0.8 | 444 | 6.5% | |
| 0.8 to 0.9 | 444 | 6.5% | |
| 0.9 to 1.0 | 102 | 1.5% |
Frequently asked questions
What is the average correlation of FLR?
Fluor Corporation (FLR) has an average correlation of about -0.146 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FLR 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 14.5%.
What is the most common correlation range for FLR?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.5% of all pairs.
Explore the full interactive correlation distribution for FLR.
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