Foster (Lb) Co (FSTR) Correlation Distribution
Across 6,809 rolling correlation observations between Foster (Lb) Co (FSTR) and other NASDAQ-listed stocks, 46.3% are positive and 53.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.031, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 7.6% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,809
- Mean correlation
- 0.031
- Most common range
- -0.3 to -0.2
- Positive pairs
- 46.3%
- Strong positive (≥0.7)
- 7.6%
- Sector
- Wholesale-Metals Service Centers & Offices
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 68 | 1.0% | |
| -0.8 to -0.7 | 68 | 1.0% | |
| -0.7 to -0.6 | 243 | 3.6% | |
| -0.6 to -0.5 | 243 | 3.6% | |
| -0.5 to -0.4 | 506 | 7.4% | |
| -0.4 to -0.3 | 505 | 7.4% | |
| -0.3 to -0.2 | 794 | 11.7% | |
| -0.2 to -0.1 | 793 | 11.6% | |
| -0.1 to 0.0 | 437 | 6.4% | |
| 0.0 to 0.1 | 437 | 6.4% | |
| 0.1 to 0.2 | 333 | 4.9% | |
| 0.2 to 0.3 | 333 | 4.9% | |
| 0.3 to 0.4 | 339 | 5.0% | |
| 0.4 to 0.5 | 339 | 5.0% | |
| 0.5 to 0.6 | 426 | 6.3% | |
| 0.6 to 0.7 | 425 | 6.2% | |
| 0.7 to 0.8 | 260 | 3.8% | |
| 0.8 to 0.9 | 260 | 3.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of FSTR?
Foster (Lb) Co (FSTR) has an average correlation of about 0.031 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FSTR positively correlated with other stocks?
Not predominantly — 46.3% of pairs are positive and 53.7% are negative. Strong positive correlations (≥0.7) make up 7.6%.
What is the most common correlation range for FSTR?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 45.9% of all pairs.
Explore the full interactive correlation distribution for FSTR.
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