Fox Corporation Class A Common Stock (FOXA) Correlation Distribution
Across 6,809 rolling correlation observations between Fox Corporation Class A Common Stock (FOXA) and other NASDAQ-listed stocks, 57.6% are positive and 42.4% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.125, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.4% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,809
- Mean correlation
- 0.125
- Most common range
- -0.1 to 0.0
- Positive pairs
- 57.6%
- Strong positive (≥0.7)
- 8.4%
- Sector
- Television Broadcasting Stations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 24 | 0.4% | |
| -0.8 to -0.7 | 23 | 0.3% | |
| -0.7 to -0.6 | 119 | 1.7% | |
| -0.6 to -0.5 | 118 | 1.7% | |
| -0.5 to -0.4 | 330 | 4.8% | |
| -0.4 to -0.3 | 329 | 4.8% | |
| -0.3 to -0.2 | 637 | 9.4% | |
| -0.2 to -0.1 | 636 | 9.3% | |
| -0.1 to 0.0 | 670 | 9.8% | |
| 0.0 to 0.1 | 670 | 9.8% | |
| 0.1 to 0.2 | 440 | 6.5% | |
| 0.2 to 0.3 | 440 | 6.5% | |
| 0.3 to 0.4 | 410 | 6.0% | |
| 0.4 to 0.5 | 410 | 6.0% | |
| 0.5 to 0.6 | 491 | 7.2% | |
| 0.6 to 0.7 | 490 | 7.2% | |
| 0.7 to 0.8 | 283 | 4.2% | |
| 0.8 to 0.9 | 282 | 4.1% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of FOXA?
Fox Corporation Class A Common Stock (FOXA) has an average correlation of about 0.125 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FOXA positively correlated with other stocks?
Mostly yes — 57.6% of pairs are positive and 42.4% are negative. Strong positive correlations (≥0.7) make up 8.4%.
What is the most common correlation range for FOXA?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 51.3% of all pairs.
Explore the full interactive correlation distribution for FOXA.
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