Five Star Bancorp Common Stock (FSBC) Correlation Distribution
Across 6,806 rolling correlation observations between Five Star Bancorp Common Stock (FSBC) and other NASDAQ-listed stocks, 68.8% are positive and 31.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.135, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.6% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,806
- Mean correlation
- 0.135
- Most common range
- 0.1 to 0.2
- Positive pairs
- 68.8%
- Strong positive (≥0.7)
- 2.6%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 17 | 0.2% | |
| -0.8 to -0.7 | 16 | 0.2% | |
| -0.7 to -0.6 | 105 | 1.5% | |
| -0.6 to -0.5 | 104 | 1.5% | |
| -0.5 to -0.4 | 179 | 2.6% | |
| -0.4 to -0.3 | 179 | 2.6% | |
| -0.3 to -0.2 | 348 | 5.1% | |
| -0.2 to -0.1 | 347 | 5.1% | |
| -0.1 to 0.0 | 827 | 12.2% | |
| 0.0 to 0.1 | 827 | 12.2% | |
| 0.1 to 0.2 | 944 | 13.9% | |
| 0.2 to 0.3 | 943 | 13.9% | |
| 0.3 to 0.4 | 606 | 8.9% | |
| 0.4 to 0.5 | 605 | 8.9% | |
| 0.5 to 0.6 | 290 | 4.3% | |
| 0.6 to 0.7 | 290 | 4.3% | |
| 0.7 to 0.8 | 89 | 1.3% | |
| 0.8 to 0.9 | 88 | 1.3% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of FSBC?
Five Star Bancorp Common Stock (FSBC) has an average correlation of about 0.135 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is FSBC positively correlated with other stocks?
Mostly yes — 68.8% of pairs are positive and 31.2% are negative. Strong positive correlations (≥0.7) make up 2.6%.
What is the most common correlation range for FSBC?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 62.2% of all pairs.
Explore the full interactive correlation distribution for FSBC.
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