Kingsway Financial Services, Inc. (KFS) Correlation Distribution
Across 6,809 rolling correlation observations between Kingsway Financial Services, Inc. (KFS) and other NASDAQ-listed stocks, 37.8% are positive and 62.2% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.158, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 9.1% and strong negative correlations (≤−0.7) for 20.2%.
- Total observations
- 6,809
- Mean correlation
- -0.158
- Most common range
- -0.9 to -0.8
- Positive pairs
- 37.8%
- Strong positive (≥0.7)
- 9.1%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 684 | 10.0% | |
| -0.8 to -0.7 | 684 | 10.0% | |
| -0.7 to -0.6 | 662 | 9.7% | |
| -0.6 to -0.5 | 661 | 9.7% | |
| -0.5 to -0.4 | 341 | 5.0% | |
| -0.4 to -0.3 | 341 | 5.0% | |
| -0.3 to -0.2 | 288 | 4.2% | |
| -0.2 to -0.1 | 287 | 4.2% | |
| -0.1 to 0.0 | 283 | 4.2% | |
| 0.0 to 0.1 | 283 | 4.2% | |
| 0.1 to 0.2 | 241 | 3.5% | |
| 0.2 to 0.3 | 240 | 3.5% | |
| 0.3 to 0.4 | 245 | 3.6% | |
| 0.4 to 0.5 | 244 | 3.6% | |
| 0.5 to 0.6 | 350 | 5.1% | |
| 0.6 to 0.7 | 350 | 5.1% | |
| 0.7 to 0.8 | 308 | 4.5% | |
| 0.8 to 0.9 | 307 | 4.5% | |
| 0.9 to 1.0 | 5 | 0.1% |
Frequently asked questions
What is the average correlation of KFS?
Kingsway Financial Services, Inc. (KFS) has an average correlation of about -0.158 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KFS positively correlated with other stocks?
Not predominantly — 37.8% of pairs are positive and 62.2% are negative. Strong positive correlations (≥0.7) make up 9.1%.
What is the most common correlation range for KFS?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 23.8% of all pairs.
Explore the full interactive correlation distribution for KFS.
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