Jiayin Group Inc. American Depositary Shares (JFIN) Correlation Distribution
Across 6,809 rolling correlation observations between Jiayin Group Inc. American Depositary Shares (JFIN) and other NASDAQ-listed stocks, 42.1% are positive and 57.9% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.02, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 6.6% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,809
- Mean correlation
- -0.02
- Most common range
- -0.3 to -0.2
- Positive pairs
- 42.1%
- Strong positive (≥0.7)
- 6.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 60 | 0.9% | |
| -0.8 to -0.7 | 60 | 0.9% | |
| -0.7 to -0.6 | 339 | 5.0% | |
| -0.6 to -0.5 | 339 | 5.0% | |
| -0.5 to -0.4 | 649 | 9.5% | |
| -0.4 to -0.3 | 648 | 9.5% | |
| -0.3 to -0.2 | 722 | 10.6% | |
| -0.2 to -0.1 | 721 | 10.6% | |
| -0.1 to 0.0 | 407 | 6.0% | |
| 0.0 to 0.1 | 407 | 6.0% | |
| 0.1 to 0.2 | 329 | 4.8% | |
| 0.2 to 0.3 | 329 | 4.8% | |
| 0.3 to 0.4 | 325 | 4.8% | |
| 0.4 to 0.5 | 324 | 4.8% | |
| 0.5 to 0.6 | 352 | 5.2% | |
| 0.6 to 0.7 | 351 | 5.2% | |
| 0.7 to 0.8 | 211 | 3.1% | |
| 0.8 to 0.9 | 210 | 3.1% | |
| 0.9 to 1.0 | 26 | 0.4% |
Frequently asked questions
What is the average correlation of JFIN?
Jiayin Group Inc. American Depositary Shares (JFIN) has an average correlation of about -0.02 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is JFIN positively correlated with other stocks?
Not predominantly — 42.1% of pairs are positive and 57.9% are negative. Strong positive correlations (≥0.7) make up 6.6%.
What is the most common correlation range for JFIN?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 42.8% of all pairs.
Explore the full interactive correlation distribution for JFIN.
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