Investar Holding Corporation (ISTR) Correlation Distribution
Across 6,808 rolling correlation observations between Investar Holding Corporation (ISTR) and other NASDAQ-listed stocks, 77.2% are positive and 22.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.197, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.7% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,808
- Mean correlation
- 0.197
- Most common range
- 0.3 to 0.4
- Positive pairs
- 77.2%
- Strong positive (≥0.7)
- 2.7%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 37 | 0.5% | |
| -0.8 to -0.7 | 36 | 0.5% | |
| -0.7 to -0.6 | 82 | 1.2% | |
| -0.6 to -0.5 | 81 | 1.2% | |
| -0.5 to -0.4 | 117 | 1.7% | |
| -0.4 to -0.3 | 117 | 1.7% | |
| -0.3 to -0.2 | 240 | 3.5% | |
| -0.2 to -0.1 | 239 | 3.5% | |
| -0.1 to 0.0 | 606 | 8.9% | |
| 0.0 to 0.1 | 606 | 8.9% | |
| 0.1 to 0.2 | 947 | 13.9% | |
| 0.2 to 0.3 | 947 | 13.9% | |
| 0.3 to 0.4 | 957 | 14.1% | |
| 0.4 to 0.5 | 957 | 14.1% | |
| 0.5 to 0.6 | 329 | 4.8% | |
| 0.6 to 0.7 | 329 | 4.8% | |
| 0.7 to 0.8 | 91 | 1.3% | |
| 0.8 to 0.9 | 90 | 1.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ISTR?
Investar Holding Corporation (ISTR) has an average correlation of about 0.197 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is ISTR positively correlated with other stocks?
Mostly yes — 77.2% of pairs are positive and 22.8% are negative. Strong positive correlations (≥0.7) make up 2.7%.
What is the most common correlation range for ISTR?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 52.7% of all pairs.
Explore the full interactive correlation distribution for ISTR.
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