MasterBrand, Inc. (MBC) Correlation Distribution
Across 6,323 rolling correlation observations between MasterBrand, Inc. (MBC) and other NASDAQ-listed stocks, 54% are positive and 46% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.041, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 10.7% and strong negative correlations (≤−0.7) for 8.1%.
- Total observations
- 6,323
- Mean correlation
- 0.041
- Most common range
- 0.5 to 0.6
- Positive pairs
- 54%
- Strong positive (≥0.7)
- 10.7%
- Sector
- Wood Household Furniture, (No Upholstered)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 255 | 4.0% | |
| -0.8 to -0.7 | 254 | 4.0% | |
| -0.7 to -0.6 | 463 | 7.3% | |
| -0.6 to -0.5 | 463 | 7.3% | |
| -0.5 to -0.4 | 327 | 5.2% | |
| -0.4 to -0.3 | 326 | 5.2% | |
| -0.3 to -0.2 | 275 | 4.3% | |
| -0.2 to -0.1 | 274 | 4.3% | |
| -0.1 to 0.0 | 266 | 4.2% | |
| 0.0 to 0.1 | 266 | 4.2% | |
| 0.1 to 0.2 | 320 | 5.1% | |
| 0.2 to 0.3 | 319 | 5.0% | |
| 0.3 to 0.4 | 447 | 7.1% | |
| 0.4 to 0.5 | 446 | 7.1% | |
| 0.5 to 0.6 | 470 | 7.4% | |
| 0.6 to 0.7 | 469 | 7.4% | |
| 0.7 to 0.8 | 317 | 5.0% | |
| 0.8 to 0.9 | 316 | 5.0% | |
| 0.9 to 1.0 | 46 | 0.7% |
Frequently asked questions
What is the average correlation of MBC?
MasterBrand, Inc. (MBC) has an average correlation of about 0.041 with other NASDAQ stocks, based on 6,323 pairwise observations.
Is MBC positively correlated with other stocks?
Mostly yes — 54% of pairs are positive and 46% are negative. Strong positive correlations (≥0.7) make up 10.7%.
What is the most common correlation range for MBC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 27.2% of all pairs.
Explore the full interactive correlation distribution for MBC.
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