Forrester Research Inc (FORR) Correlation Distribution
Across 6,809 rolling correlation observations between Forrester Research Inc (FORR) and other NASDAQ-listed stocks, 67.5% are positive and 32.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.213, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 21.6% and strong negative correlations (≤−0.7) for 10%.
- Total observations
- 6,809
- Mean correlation
- 0.213
- Most common range
- 0.5 to 0.6
- Positive pairs
- 67.5%
- Strong positive (≥0.7)
- 21.6%
- Sector
- Services-Engineering, Accounting, Research, Management
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 81 | 1.2% | |
| -0.9 to -0.8 | 301 | 4.4% | |
| -0.8 to -0.7 | 301 | 4.4% | |
| -0.7 to -0.6 | 260 | 3.8% | |
| -0.6 to -0.5 | 260 | 3.8% | |
| -0.5 to -0.4 | 205 | 3.0% | |
| -0.4 to -0.3 | 205 | 3.0% | |
| -0.3 to -0.2 | 198 | 2.9% | |
| -0.2 to -0.1 | 197 | 2.9% | |
| -0.1 to 0.0 | 204 | 3.0% | |
| 0.0 to 0.1 | 204 | 3.0% | |
| 0.1 to 0.2 | 257 | 3.8% | |
| 0.2 to 0.3 | 256 | 3.8% | |
| 0.3 to 0.4 | 448 | 6.6% | |
| 0.4 to 0.5 | 448 | 6.6% | |
| 0.5 to 0.6 | 758 | 11.1% | |
| 0.6 to 0.7 | 758 | 11.1% | |
| 0.7 to 0.8 | 666 | 9.8% | |
| 0.8 to 0.9 | 666 | 9.8% | |
| 0.9 to 1.0 | 136 | 2.0% |
Frequently asked questions
What is the average correlation of FORR?
Forrester Research Inc (FORR) has an average correlation of about 0.213 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FORR positively correlated with other stocks?
Mostly yes — 67.5% of pairs are positive and 32.5% are negative. Strong positive correlations (≥0.7) make up 21.6%.
What is the most common correlation range for FORR?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 19.3% of all pairs.
Explore the full interactive correlation distribution for FORR.
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