Funko, Inc. Class A Common Stock (FNKO) Correlation Distribution
Across 6,809 rolling correlation observations between Funko, Inc. Class A Common Stock (FNKO) and other NASDAQ-listed stocks, 71.7% are positive and 28.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.22, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 5.9% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,809
- Mean correlation
- 0.22
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.7%
- Strong positive (≥0.7)
- 5.9%
- Sector
- Games, Toys & Children'S Vehicles (No Dolls & Bicycles)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 66 | 1.0% | |
| -0.8 to -0.7 | 65 | 1.0% | |
| -0.7 to -0.6 | 81 | 1.2% | |
| -0.6 to -0.5 | 81 | 1.2% | |
| -0.5 to -0.4 | 285 | 4.2% | |
| -0.4 to -0.3 | 284 | 4.2% | |
| -0.3 to -0.2 | 333 | 4.9% | |
| -0.2 to -0.1 | 332 | 4.9% | |
| -0.1 to 0.0 | 400 | 5.9% | |
| 0.0 to 0.1 | 400 | 5.9% | |
| 0.1 to 0.2 | 510 | 7.5% | |
| 0.2 to 0.3 | 509 | 7.5% | |
| 0.3 to 0.4 | 758 | 11.1% | |
| 0.4 to 0.5 | 758 | 11.1% | |
| 0.5 to 0.6 | 774 | 11.4% | |
| 0.6 to 0.7 | 773 | 11.4% | |
| 0.7 to 0.8 | 199 | 2.9% | |
| 0.8 to 0.9 | 199 | 2.9% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of FNKO?
Funko, Inc. Class A Common Stock (FNKO) has an average correlation of about 0.22 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FNKO positively correlated with other stocks?
Mostly yes — 71.7% of pairs are positive and 28.3% are negative. Strong positive correlations (≥0.7) make up 5.9%.
What is the most common correlation range for FNKO?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 36.5% of all pairs.
Explore the full interactive correlation distribution for FNKO.
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