FTAI Aviation Ltd. Common Stock (FTAI) Correlation Distribution
Across 6,809 rolling correlation observations between FTAI Aviation Ltd. Common Stock (FTAI) and other NASDAQ-listed stocks, 41.3% are positive and 58.7% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.027, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15% and strong negative correlations (≤−0.7) for 4.7%.
- Total observations
- 6,809
- Mean correlation
- -0.027
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.3%
- Strong positive (≥0.7)
- 15%
- Sector
- Services-Miscellaneous Equipment Rental & Leasing
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 158 | 2.3% | |
| -0.8 to -0.7 | 158 | 2.3% | |
| -0.7 to -0.6 | 498 | 7.3% | |
| -0.6 to -0.5 | 498 | 7.3% | |
| -0.5 to -0.4 | 797 | 11.7% | |
| -0.4 to -0.3 | 797 | 11.7% | |
| -0.3 to -0.2 | 395 | 5.8% | |
| -0.2 to -0.1 | 394 | 5.8% | |
| -0.1 to 0.0 | 297 | 4.4% | |
| 0.0 to 0.1 | 297 | 4.4% | |
| 0.1 to 0.2 | 229 | 3.4% | |
| 0.2 to 0.3 | 228 | 3.3% | |
| 0.3 to 0.4 | 237 | 3.5% | |
| 0.4 to 0.5 | 237 | 3.5% | |
| 0.5 to 0.6 | 282 | 4.1% | |
| 0.6 to 0.7 | 281 | 4.1% | |
| 0.7 to 0.8 | 424 | 6.2% | |
| 0.8 to 0.9 | 423 | 6.2% | |
| 0.9 to 1.0 | 176 | 2.6% |
Frequently asked questions
What is the average correlation of FTAI?
FTAI Aviation Ltd. Common Stock (FTAI) has an average correlation of about -0.027 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FTAI positively correlated with other stocks?
Not predominantly — 41.3% of pairs are positive and 58.7% are negative. Strong positive correlations (≥0.7) make up 15%.
What is the most common correlation range for FTAI?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 27% of all pairs.
Explore the full interactive correlation distribution for FTAI.
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