Freshworks Inc. Class A Common Stock (FRSH) Correlation Distribution
Across 6,802 rolling correlation observations between Freshworks Inc. Class A Common Stock (FRSH) and other NASDAQ-listed stocks, 71.3% are positive and 28.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.273, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 15.4% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,802
- Mean correlation
- 0.273
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.3%
- Strong positive (≥0.7)
- 15.4%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 6 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 48 | 0.7% | |
| -0.6 to -0.5 | 47 | 0.7% | |
| -0.5 to -0.4 | 196 | 2.9% | |
| -0.4 to -0.3 | 195 | 2.9% | |
| -0.3 to -0.2 | 494 | 7.3% | |
| -0.2 to -0.1 | 494 | 7.3% | |
| -0.1 to 0.0 | 469 | 6.9% | |
| 0.0 to 0.1 | 468 | 6.9% | |
| 0.1 to 0.2 | 429 | 6.3% | |
| 0.2 to 0.3 | 428 | 6.3% | |
| 0.3 to 0.4 | 555 | 8.2% | |
| 0.4 to 0.5 | 555 | 8.2% | |
| 0.5 to 0.6 | 683 | 10.0% | |
| 0.6 to 0.7 | 683 | 10.0% | |
| 0.7 to 0.8 | 512 | 7.5% | |
| 0.8 to 0.9 | 511 | 7.5% | |
| 0.9 to 1.0 | 23 | 0.3% |
Frequently asked questions
What is the average correlation of FRSH?
Freshworks Inc. Class A Common Stock (FRSH) has an average correlation of about 0.273 with other NASDAQ stocks, based on 6,802 pairwise observations.
Is FRSH positively correlated with other stocks?
Mostly yes — 71.3% of pairs are positive and 28.7% are negative. Strong positive correlations (≥0.7) make up 15.4%.
What is the most common correlation range for FRSH?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 40.9% of all pairs.
Explore the full interactive correlation distribution for FRSH.
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