Frontier Communications Parent, Inc. Common Stock (FYBR) Correlation Distribution
Across 6,806 rolling correlation observations between Frontier Communications Parent, Inc. Common Stock (FYBR) and other NASDAQ-listed stocks, 68.6% are positive and 31.4% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.168, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,806
- Mean correlation
- 0.168
- Most common range
- 0.1 to 0.2
- Positive pairs
- 68.6%
- Strong positive (≥0.7)
- 6%
- Sector
- Telephone Communications (No Radiotelephone)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 65 | 1.0% | |
| -0.8 to -0.7 | 65 | 1.0% | |
| -0.7 to -0.6 | 148 | 2.2% | |
| -0.6 to -0.5 | 148 | 2.2% | |
| -0.5 to -0.4 | 216 | 3.2% | |
| -0.4 to -0.3 | 215 | 3.2% | |
| -0.3 to -0.2 | 337 | 5.0% | |
| -0.2 to -0.1 | 337 | 5.0% | |
| -0.1 to 0.0 | 606 | 8.9% | |
| 0.0 to 0.1 | 606 | 8.9% | |
| 0.1 to 0.2 | 716 | 10.5% | |
| 0.2 to 0.3 | 716 | 10.5% | |
| 0.3 to 0.4 | 533 | 7.8% | |
| 0.4 to 0.5 | 532 | 7.8% | |
| 0.5 to 0.6 | 577 | 8.5% | |
| 0.6 to 0.7 | 576 | 8.5% | |
| 0.7 to 0.8 | 202 | 3.0% | |
| 0.8 to 0.9 | 202 | 3.0% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of FYBR?
Frontier Communications Parent, Inc. Common Stock (FYBR) has an average correlation of about 0.168 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is FYBR positively correlated with other stocks?
Mostly yes — 68.6% of pairs are positive and 31.4% are negative. Strong positive correlations (≥0.7) make up 6%.
What is the most common correlation range for FYBR?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 48.8% of all pairs.
Explore the full interactive correlation distribution for FYBR.
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