Interactive Brokers Group, Inc. Class A Common Stock (IBKR) Correlation Distribution
Across 6,809 rolling correlation observations between Interactive Brokers Group, Inc. Class A Common Stock (IBKR) and other NASDAQ-listed stocks, 39.5% are positive and 60.5% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.052, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.7% and strong negative correlations (≤−0.7) for 4.7%.
- Total observations
- 6,809
- Mean correlation
- -0.052
- Most common range
- -0.5 to -0.4
- Positive pairs
- 39.5%
- Strong positive (≥0.7)
- 15.7%
- Sector
- Security Brokers, Dealers & Flotation Companies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 159 | 2.3% | |
| -0.8 to -0.7 | 159 | 2.3% | |
| -0.7 to -0.6 | 659 | 9.7% | |
| -0.6 to -0.5 | 658 | 9.7% | |
| -0.5 to -0.4 | 789 | 11.6% | |
| -0.4 to -0.3 | 789 | 11.6% | |
| -0.3 to -0.2 | 327 | 4.8% | |
| -0.2 to -0.1 | 326 | 4.8% | |
| -0.1 to 0.0 | 253 | 3.7% | |
| 0.0 to 0.1 | 253 | 3.7% | |
| 0.1 to 0.2 | 206 | 3.0% | |
| 0.2 to 0.3 | 205 | 3.0% | |
| 0.3 to 0.4 | 215 | 3.2% | |
| 0.4 to 0.5 | 214 | 3.1% | |
| 0.5 to 0.6 | 265 | 3.9% | |
| 0.6 to 0.7 | 264 | 3.9% | |
| 0.7 to 0.8 | 428 | 6.3% | |
| 0.8 to 0.9 | 428 | 6.3% | |
| 0.9 to 1.0 | 211 | 3.1% |
Frequently asked questions
What is the average correlation of IBKR?
Interactive Brokers Group, Inc. Class A Common Stock (IBKR) has an average correlation of about -0.052 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is IBKR positively correlated with other stocks?
Not predominantly — 39.5% of pairs are positive and 60.5% are negative. Strong positive correlations (≥0.7) make up 15.7%.
What is the most common correlation range for IBKR?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 23.1% of all pairs.
Explore the full interactive correlation distribution for IBKR.
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