FTAIP (FTAIP) Correlation Distribution
Across 6,670 rolling correlation observations between FTAIP (FTAIP) and other NASDAQ-listed stocks, 52.8% are positive and 47.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.069, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 8.3% and strong negative correlations (≤−0.7) for 1.5%.
- Total observations
- 6,670
- Mean correlation
- 0.069
- Most common range
- 0.5 to 0.6
- Positive pairs
- 52.8%
- Strong positive (≥0.7)
- 8.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 51 | 0.8% | |
| -0.8 to -0.7 | 51 | 0.8% | |
| -0.7 to -0.6 | 409 | 6.1% | |
| -0.6 to -0.5 | 408 | 6.1% | |
| -0.5 to -0.4 | 517 | 7.8% | |
| -0.4 to -0.3 | 517 | 7.8% | |
| -0.3 to -0.2 | 431 | 6.5% | |
| -0.2 to -0.1 | 431 | 6.5% | |
| -0.1 to 0.0 | 333 | 5.0% | |
| 0.0 to 0.1 | 333 | 5.0% | |
| 0.1 to 0.2 | 316 | 4.7% | |
| 0.2 to 0.3 | 315 | 4.7% | |
| 0.3 to 0.4 | 381 | 5.7% | |
| 0.4 to 0.5 | 381 | 5.7% | |
| 0.5 to 0.6 | 622 | 9.3% | |
| 0.6 to 0.7 | 621 | 9.3% | |
| 0.7 to 0.8 | 276 | 4.1% | |
| 0.8 to 0.9 | 275 | 4.1% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of FTAIP?
FTAIP (FTAIP) has an average correlation of about 0.069 with other NASDAQ stocks, based on 6,670 pairwise observations.
Is FTAIP positively correlated with other stocks?
Mostly yes — 52.8% of pairs are positive and 47.2% are negative. Strong positive correlations (≥0.7) make up 8.3%.
What is the most common correlation range for FTAIP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.4% of all pairs.
Explore the full interactive correlation distribution for FTAIP.
Open interactive dashboard →