Griffon Corp (GFF) Correlation Distribution
Across 6,809 rolling correlation observations between Griffon Corp (GFF) and other NASDAQ-listed stocks, 37.1% are positive and 62.9% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.125, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 15.9% and strong negative correlations (≤−0.7) for 13.7%.
- Total observations
- 6,809
- Mean correlation
- -0.125
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.1%
- Strong positive (≥0.7)
- 15.9%
- Sector
- Metal Doors, Sash, Frames, Moldings & Trim
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 22 | 0.3% | |
| -0.9 to -0.8 | 454 | 6.7% | |
| -0.8 to -0.7 | 454 | 6.7% | |
| -0.7 to -0.6 | 907 | 13.3% | |
| -0.6 to -0.5 | 907 | 13.3% | |
| -0.5 to -0.4 | 422 | 6.2% | |
| -0.4 to -0.3 | 422 | 6.2% | |
| -0.3 to -0.2 | 245 | 3.6% | |
| -0.2 to -0.1 | 244 | 3.6% | |
| -0.1 to 0.0 | 206 | 3.0% | |
| 0.0 to 0.1 | 205 | 3.0% | |
| 0.1 to 0.2 | 187 | 2.7% | |
| 0.2 to 0.3 | 187 | 2.7% | |
| 0.3 to 0.4 | 195 | 2.9% | |
| 0.4 to 0.5 | 195 | 2.9% | |
| 0.5 to 0.6 | 238 | 3.5% | |
| 0.6 to 0.7 | 238 | 3.5% | |
| 0.7 to 0.8 | 402 | 5.9% | |
| 0.8 to 0.9 | 402 | 5.9% | |
| 0.9 to 1.0 | 277 | 4.1% |
Frequently asked questions
What is the average correlation of GFF?
Griffon Corp (GFF) has an average correlation of about -0.125 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GFF positively correlated with other stocks?
Not predominantly — 37.1% of pairs are positive and 62.9% are negative. Strong positive correlations (≥0.7) make up 15.9%.
What is the most common correlation range for GFF?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.7% of all pairs.
Explore the full interactive correlation distribution for GFF.
Open interactive dashboard →