Metropolitan Bank Holding Corp. Common Stock, $0.01 par value per share (MCB) Correlation Distribution
Across 6,809 rolling correlation observations between Metropolitan Bank Holding Corp. Common Stock, $0.01 par value per share (MCB) and other NASDAQ-listed stocks, 72.1% are positive and 27.9% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.221, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9.7% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,809
- Mean correlation
- 0.221
- Most common range
- 0.3 to 0.4
- Positive pairs
- 72.1%
- Strong positive (≥0.7)
- 9.7%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 47 | 0.7% | |
| -0.8 to -0.7 | 47 | 0.7% | |
| -0.7 to -0.6 | 102 | 1.5% | |
| -0.6 to -0.5 | 102 | 1.5% | |
| -0.5 to -0.4 | 154 | 2.3% | |
| -0.4 to -0.3 | 153 | 2.2% | |
| -0.3 to -0.2 | 356 | 5.2% | |
| -0.2 to -0.1 | 356 | 5.2% | |
| -0.1 to 0.0 | 584 | 8.6% | |
| 0.0 to 0.1 | 583 | 8.6% | |
| 0.1 to 0.2 | 634 | 9.3% | |
| 0.2 to 0.3 | 634 | 9.3% | |
| 0.3 to 0.4 | 643 | 9.4% | |
| 0.4 to 0.5 | 642 | 9.4% | |
| 0.5 to 0.6 | 555 | 8.2% | |
| 0.6 to 0.7 | 554 | 8.1% | |
| 0.7 to 0.8 | 322 | 4.7% | |
| 0.8 to 0.9 | 321 | 4.7% | |
| 0.9 to 1.0 | 20 | 0.3% |
Frequently asked questions
What is the average correlation of MCB?
Metropolitan Bank Holding Corp. Common Stock, $0.01 par value per share (MCB) has an average correlation of about 0.221 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MCB positively correlated with other stocks?
Mostly yes — 72.1% of pairs are positive and 27.9% are negative. Strong positive correlations (≥0.7) make up 9.7%.
What is the most common correlation range for MCB?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 46.2% of all pairs.
Explore the full interactive correlation distribution for MCB.
Open interactive dashboard →