John B. Sanfilippo & SON (JBSS) Correlation Distribution
Across 6,809 rolling correlation observations between John B. Sanfilippo & SON (JBSS) and other NASDAQ-listed stocks, 37.7% are positive and 62.3% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.05, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.5% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,809
- Mean correlation
- -0.05
- Most common range
- -0.3 to -0.2
- Positive pairs
- 37.7%
- Strong positive (≥0.7)
- 1.5%
- Sector
- Sugar & Confectionery Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 22 | 0.3% | |
| -0.8 to -0.7 | 21 | 0.3% | |
| -0.7 to -0.6 | 122 | 1.8% | |
| -0.6 to -0.5 | 121 | 1.8% | |
| -0.5 to -0.4 | 492 | 7.2% | |
| -0.4 to -0.3 | 492 | 7.2% | |
| -0.3 to -0.2 | 1,136 | 16.7% | |
| -0.2 to -0.1 | 1,136 | 16.7% | |
| -0.1 to 0.0 | 700 | 10.3% | |
| 0.0 to 0.1 | 700 | 10.3% | |
| 0.1 to 0.2 | 419 | 6.2% | |
| 0.2 to 0.3 | 418 | 6.1% | |
| 0.3 to 0.4 | 289 | 4.2% | |
| 0.4 to 0.5 | 289 | 4.2% | |
| 0.5 to 0.6 | 175 | 2.6% | |
| 0.6 to 0.7 | 175 | 2.6% | |
| 0.7 to 0.8 | 51 | 0.7% | |
| 0.8 to 0.9 | 51 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of JBSS?
John B. Sanfilippo & SON (JBSS) has an average correlation of about -0.05 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is JBSS positively correlated with other stocks?
Not predominantly — 37.7% of pairs are positive and 62.3% are negative. Strong positive correlations (≥0.7) make up 1.5%.
What is the most common correlation range for JBSS?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 66.2% of all pairs.
Explore the full interactive correlation distribution for JBSS.
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