Flux Power Holdings, Inc. Common Stock (FLUX) Correlation Distribution
Across 6,808 rolling correlation observations between Flux Power Holdings, Inc. Common Stock (FLUX) and other NASDAQ-listed stocks, 64.1% are positive and 35.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.2, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17.8% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,808
- Mean correlation
- 0.2
- Most common range
- 0.5 to 0.6
- Positive pairs
- 64.1%
- Strong positive (≥0.7)
- 17.8%
- Sector
- Miscellaneous Electrical Machinery, Equipment & Supplies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 43 | 0.6% | |
| -0.8 to -0.7 | 42 | 0.6% | |
| -0.7 to -0.6 | 281 | 4.1% | |
| -0.6 to -0.5 | 280 | 4.1% | |
| -0.5 to -0.4 | 404 | 5.9% | |
| -0.4 to -0.3 | 403 | 5.9% | |
| -0.3 to -0.2 | 332 | 4.9% | |
| -0.2 to -0.1 | 332 | 4.9% | |
| -0.1 to 0.0 | 325 | 4.8% | |
| 0.0 to 0.1 | 324 | 4.8% | |
| 0.1 to 0.2 | 349 | 5.1% | |
| 0.2 to 0.3 | 349 | 5.1% | |
| 0.3 to 0.4 | 430 | 6.3% | |
| 0.4 to 0.5 | 430 | 6.3% | |
| 0.5 to 0.6 | 636 | 9.3% | |
| 0.6 to 0.7 | 635 | 9.3% | |
| 0.7 to 0.8 | 590 | 8.7% | |
| 0.8 to 0.9 | 590 | 8.7% | |
| 0.9 to 1.0 | 33 | 0.5% |
Frequently asked questions
What is the average correlation of FLUX?
Flux Power Holdings, Inc. Common Stock (FLUX) has an average correlation of about 0.2 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is FLUX positively correlated with other stocks?
Mostly yes — 64.1% of pairs are positive and 35.9% are negative. Strong positive correlations (≥0.7) make up 17.8%.
What is the most common correlation range for FLUX?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.5% of all pairs.
Explore the full interactive correlation distribution for FLUX.
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