Coca-Cola FEMSA, S.A.B DE C.V (KOF) Correlation Distribution
Across 6,809 rolling correlation observations between Coca-Cola FEMSA, S.A.B DE C.V (KOF) and other NASDAQ-listed stocks, 35.2% are positive and 64.8% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.195, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 11.5% and strong negative correlations (≤−0.7) for 25.9%.
- Total observations
- 6,809
- Mean correlation
- -0.195
- Most common range
- -0.9 to -0.8
- Positive pairs
- 35.2%
- Strong positive (≥0.7)
- 11.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 44 | 0.6% | |
| -0.9 to -0.8 | 859 | 12.6% | |
| -0.8 to -0.7 | 859 | 12.6% | |
| -0.7 to -0.6 | 656 | 9.6% | |
| -0.6 to -0.5 | 655 | 9.6% | |
| -0.5 to -0.4 | 313 | 4.6% | |
| -0.4 to -0.3 | 312 | 4.6% | |
| -0.3 to -0.2 | 240 | 3.5% | |
| -0.2 to -0.1 | 239 | 3.5% | |
| -0.1 to 0.0 | 233 | 3.4% | |
| 0.0 to 0.1 | 233 | 3.4% | |
| 0.1 to 0.2 | 212 | 3.1% | |
| 0.2 to 0.3 | 211 | 3.1% | |
| 0.3 to 0.4 | 204 | 3.0% | |
| 0.4 to 0.5 | 204 | 3.0% | |
| 0.5 to 0.6 | 275 | 4.0% | |
| 0.6 to 0.7 | 274 | 4.0% | |
| 0.7 to 0.8 | 351 | 5.2% | |
| 0.8 to 0.9 | 351 | 5.2% | |
| 0.9 to 1.0 | 84 | 1.2% |
Frequently asked questions
What is the average correlation of KOF?
Coca-Cola FEMSA, S.A.B DE C.V (KOF) has an average correlation of about -0.195 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KOF positively correlated with other stocks?
Not predominantly — 35.2% of pairs are positive and 64.8% are negative. Strong positive correlations (≥0.7) make up 11.5%.
What is the most common correlation range for KOF?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 20.1% of all pairs.
Explore the full interactive correlation distribution for KOF.
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