MFV (MFV) Correlation Distribution
Across 6,608 rolling correlation observations between MFV (MFV) and other NASDAQ-listed stocks, 75.8% are positive and 24.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.381, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 38.7% and strong negative correlations (≤−0.7) for 3.1%.
- Total observations
- 6,608
- Mean correlation
- 0.381
- Most common range
- 0.7 to 0.8
- Positive pairs
- 75.8%
- Strong positive (≥0.7)
- 38.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 103 | 1.6% | |
| -0.8 to -0.7 | 103 | 1.6% | |
| -0.7 to -0.6 | 224 | 3.4% | |
| -0.6 to -0.5 | 223 | 3.4% | |
| -0.5 to -0.4 | 213 | 3.2% | |
| -0.4 to -0.3 | 212 | 3.2% | |
| -0.3 to -0.2 | 169 | 2.6% | |
| -0.2 to -0.1 | 168 | 2.5% | |
| -0.1 to 0.0 | 182 | 2.8% | |
| 0.0 to 0.1 | 181 | 2.7% | |
| 0.1 to 0.2 | 237 | 3.6% | |
| 0.2 to 0.3 | 236 | 3.6% | |
| 0.3 to 0.4 | 322 | 4.9% | |
| 0.4 to 0.5 | 321 | 4.9% | |
| 0.5 to 0.6 | 579 | 8.8% | |
| 0.6 to 0.7 | 578 | 8.7% | |
| 0.7 to 0.8 | 950 | 14.4% | |
| 0.8 to 0.9 | 949 | 14.4% | |
| 0.9 to 1.0 | 656 | 9.9% |
Frequently asked questions
What is the average correlation of MFV?
MFV (MFV) has an average correlation of about 0.381 with other NASDAQ stocks, based on 6,608 pairwise observations.
Is MFV positively correlated with other stocks?
Mostly yes — 75.8% of pairs are positive and 24.2% are negative. Strong positive correlations (≥0.7) make up 38.7%.
What is the most common correlation range for MFV?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.8% of all pairs.
Explore the full interactive correlation distribution for MFV.
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