Forward Industries Inc-N Y (FORD) Correlation Distribution
Across 6,809 rolling correlation observations between Forward Industries Inc-N Y (FORD) and other NASDAQ-listed stocks, 68.6% are positive and 31.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.283, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 36.3% and strong negative correlations (≤−0.7) for 6.2%.
- Total observations
- 6,809
- Mean correlation
- 0.283
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.6%
- Strong positive (≥0.7)
- 36.3%
- Sector
- Plastics Products, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 85 | 1.2% | |
| -0.9 to -0.8 | 168 | 2.5% | |
| -0.8 to -0.7 | 167 | 2.5% | |
| -0.7 to -0.6 | 340 | 5.0% | |
| -0.6 to -0.5 | 339 | 5.0% | |
| -0.5 to -0.4 | 213 | 3.1% | |
| -0.4 to -0.3 | 212 | 3.1% | |
| -0.3 to -0.2 | 208 | 3.1% | |
| -0.2 to -0.1 | 207 | 3.0% | |
| -0.1 to 0.0 | 202 | 3.0% | |
| 0.0 to 0.1 | 201 | 3.0% | |
| 0.1 to 0.2 | 213 | 3.1% | |
| 0.2 to 0.3 | 212 | 3.1% | |
| 0.3 to 0.4 | 278 | 4.1% | |
| 0.4 to 0.5 | 277 | 4.1% | |
| 0.5 to 0.6 | 508 | 7.5% | |
| 0.6 to 0.7 | 507 | 7.4% | |
| 0.7 to 0.8 | 1,089 | 16.0% | |
| 0.8 to 0.9 | 1,088 | 16.0% | |
| 0.9 to 1.0 | 295 | 4.3% |
Frequently asked questions
What is the average correlation of FORD?
Forward Industries Inc-N Y (FORD) has an average correlation of about 0.283 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FORD positively correlated with other stocks?
Mostly yes — 68.6% of pairs are positive and 31.4% are negative. Strong positive correlations (≥0.7) make up 36.3%.
What is the most common correlation range for FORD?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.3% of all pairs.
Explore the full interactive correlation distribution for FORD.
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