IF Bancorp, Inc. (IROQ) Correlation Distribution
Across 6,648 rolling correlation observations between IF Bancorp, Inc. (IROQ) and other NASDAQ-listed stocks, 77.9% are positive and 22.1% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.237, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 7% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,648
- Mean correlation
- 0.237
- Most common range
- 0.3 to 0.4
- Positive pairs
- 77.9%
- Strong positive (≥0.7)
- 7%
- Sector
- Savings Institution, Federally Chartered
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 54 | 0.8% | |
| -0.8 to -0.7 | 53 | 0.8% | |
| -0.7 to -0.6 | 94 | 1.4% | |
| -0.6 to -0.5 | 94 | 1.4% | |
| -0.5 to -0.4 | 139 | 2.1% | |
| -0.4 to -0.3 | 139 | 2.1% | |
| -0.3 to -0.2 | 235 | 3.5% | |
| -0.2 to -0.1 | 234 | 3.5% | |
| -0.1 to 0.0 | 425 | 6.4% | |
| 0.0 to 0.1 | 425 | 6.4% | |
| 0.1 to 0.2 | 776 | 11.7% | |
| 0.2 to 0.3 | 776 | 11.7% | |
| 0.3 to 0.4 | 864 | 13.0% | |
| 0.4 to 0.5 | 864 | 13.0% | |
| 0.5 to 0.6 | 506 | 7.6% | |
| 0.6 to 0.7 | 505 | 7.6% | |
| 0.7 to 0.8 | 223 | 3.4% | |
| 0.8 to 0.9 | 223 | 3.4% | |
| 0.9 to 1.0 | 18 | 0.3% |
Frequently asked questions
What is the average correlation of IROQ?
IF Bancorp, Inc. (IROQ) has an average correlation of about 0.237 with other NASDAQ stocks, based on 6,648 pairwise observations.
Is IROQ positively correlated with other stocks?
Mostly yes — 77.9% of pairs are positive and 22.1% are negative. Strong positive correlations (≥0.7) make up 7%.
What is the most common correlation range for IROQ?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 43.2% of all pairs.
Explore the full interactive correlation distribution for IROQ.
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