i3 Verticals, Inc. Class A Common Stock (IIIV) Correlation Distribution
Across 6,809 rolling correlation observations between i3 Verticals, Inc. Class A Common Stock (IIIV) and other NASDAQ-listed stocks, 68.3% are positive and 31.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.204, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 5.2% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,809
- Mean correlation
- 0.204
- Most common range
- 0.5 to 0.6
- Positive pairs
- 68.3%
- Strong positive (≥0.7)
- 5.2%
- Sector
- Services-Business Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 135 | 2.0% | |
| -0.6 to -0.5 | 135 | 2.0% | |
| -0.5 to -0.4 | 372 | 5.5% | |
| -0.4 to -0.3 | 371 | 5.4% | |
| -0.3 to -0.2 | 374 | 5.5% | |
| -0.2 to -0.1 | 373 | 5.5% | |
| -0.1 to 0.0 | 400 | 5.9% | |
| 0.0 to 0.1 | 399 | 5.9% | |
| 0.1 to 0.2 | 504 | 7.4% | |
| 0.2 to 0.3 | 504 | 7.4% | |
| 0.3 to 0.4 | 551 | 8.1% | |
| 0.4 to 0.5 | 550 | 8.1% | |
| 0.5 to 0.6 | 895 | 13.1% | |
| 0.6 to 0.7 | 894 | 13.1% | |
| 0.7 to 0.8 | 176 | 2.6% | |
| 0.8 to 0.9 | 175 | 2.6% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of IIIV?
i3 Verticals, Inc. Class A Common Stock (IIIV) has an average correlation of about 0.204 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is IIIV positively correlated with other stocks?
Mostly yes — 68.3% of pairs are positive and 31.7% are negative. Strong positive correlations (≥0.7) make up 5.2%.
What is the most common correlation range for IIIV?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 37.5% of all pairs.
Explore the full interactive correlation distribution for IIIV.
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