FMC Corporation (FMC) Correlation Distribution
Across 6,809 rolling correlation observations between FMC Corporation (FMC) and other NASDAQ-listed stocks, 62.7% are positive and 37.3% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.097, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 7.7% and strong negative correlations (≤−0.7) for 10.1%.
- Total observations
- 6,809
- Mean correlation
- 0.097
- Most common range
- 0.3 to 0.4
- Positive pairs
- 62.7%
- Strong positive (≥0.7)
- 7.7%
- Sector
- Chemicals & Allied Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 11 | 0.2% | |
| -0.9 to -0.8 | 338 | 5.0% | |
| -0.8 to -0.7 | 337 | 4.9% | |
| -0.7 to -0.6 | 298 | 4.4% | |
| -0.6 to -0.5 | 297 | 4.4% | |
| -0.5 to -0.4 | 252 | 3.7% | |
| -0.4 to -0.3 | 252 | 3.7% | |
| -0.3 to -0.2 | 237 | 3.5% | |
| -0.2 to -0.1 | 236 | 3.5% | |
| -0.1 to 0.0 | 284 | 4.2% | |
| 0.0 to 0.1 | 284 | 4.2% | |
| 0.1 to 0.2 | 413 | 6.1% | |
| 0.2 to 0.3 | 412 | 6.1% | |
| 0.3 to 0.4 | 767 | 11.3% | |
| 0.4 to 0.5 | 766 | 11.2% | |
| 0.5 to 0.6 | 550 | 8.1% | |
| 0.6 to 0.7 | 549 | 8.1% | |
| 0.7 to 0.8 | 243 | 3.6% | |
| 0.8 to 0.9 | 243 | 3.6% | |
| 0.9 to 1.0 | 40 | 0.6% |
Frequently asked questions
What is the average correlation of FMC?
FMC Corporation (FMC) has an average correlation of about 0.097 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FMC positively correlated with other stocks?
Mostly yes — 62.7% of pairs are positive and 37.3% are negative. Strong positive correlations (≥0.7) make up 7.7%.
What is the most common correlation range for FMC?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 27.4% of all pairs.
Explore the full interactive correlation distribution for FMC.
Open interactive dashboard →