FRP Holdings, Inc. (FRPH) Correlation Distribution
Across 6,809 rolling correlation observations between FRP Holdings, Inc. (FRPH) and other NASDAQ-listed stocks, 49.5% are positive and 50.5% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.015, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 5.2% and strong negative correlations (≤−0.7) for 4.1%.
- Total observations
- 6,809
- Mean correlation
- 0.015
- Most common range
- -0.3 to -0.2
- Positive pairs
- 49.5%
- Strong positive (≥0.7)
- 5.2%
- Sector
- Real Estate
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 139 | 2.0% | |
| -0.8 to -0.7 | 139 | 2.0% | |
| -0.7 to -0.6 | 302 | 4.4% | |
| -0.6 to -0.5 | 302 | 4.4% | |
| -0.5 to -0.4 | 443 | 6.5% | |
| -0.4 to -0.3 | 442 | 6.5% | |
| -0.3 to -0.2 | 561 | 8.2% | |
| -0.2 to -0.1 | 560 | 8.2% | |
| -0.1 to 0.0 | 550 | 8.1% | |
| 0.0 to 0.1 | 550 | 8.1% | |
| 0.1 to 0.2 | 417 | 6.1% | |
| 0.2 to 0.3 | 416 | 6.1% | |
| 0.3 to 0.4 | 409 | 6.0% | |
| 0.4 to 0.5 | 409 | 6.0% | |
| 0.5 to 0.6 | 410 | 6.0% | |
| 0.6 to 0.7 | 409 | 6.0% | |
| 0.7 to 0.8 | 175 | 2.6% | |
| 0.8 to 0.9 | 175 | 2.6% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of FRPH?
FRP Holdings, Inc. (FRPH) has an average correlation of about 0.015 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FRPH positively correlated with other stocks?
Not predominantly — 49.5% of pairs are positive and 50.5% are negative. Strong positive correlations (≥0.7) make up 5.2%.
What is the most common correlation range for FRPH?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 44.9% of all pairs.
Explore the full interactive correlation distribution for FRPH.
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