Origin Bancorp, Inc. (OBK) Correlation Distribution
Across 6,014 rolling correlation observations between Origin Bancorp, Inc. (OBK) and other NASDAQ-listed stocks, 56.8% are positive and 43.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.108, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.8% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,014
- Mean correlation
- 0.108
- Most common range
- -0.5 to -0.4
- Positive pairs
- 56.8%
- Strong positive (≥0.7)
- 2.8%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 0 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 84 | 1.4% | |
| -0.6 to -0.5 | 84 | 1.4% | |
| -0.5 to -0.4 | 645 | 10.7% | |
| -0.4 to -0.3 | 645 | 10.7% | |
| -0.3 to -0.2 | 419 | 7.0% | |
| -0.2 to -0.1 | 418 | 7.0% | |
| -0.1 to 0.0 | 306 | 5.1% | |
| 0.0 to 0.1 | 306 | 5.1% | |
| 0.1 to 0.2 | 331 | 5.5% | |
| 0.2 to 0.3 | 330 | 5.5% | |
| 0.3 to 0.4 | 503 | 8.4% | |
| 0.4 to 0.5 | 502 | 8.3% | |
| 0.5 to 0.6 | 637 | 10.6% | |
| 0.6 to 0.7 | 636 | 10.6% | |
| 0.7 to 0.8 | 84 | 1.4% | |
| 0.8 to 0.9 | 84 | 1.4% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of OBK?
Origin Bancorp, Inc. (OBK) has an average correlation of about 0.108 with other NASDAQ stocks, based on 6,014 pairwise observations.
Is OBK positively correlated with other stocks?
Mostly yes — 56.8% of pairs are positive and 43.2% are negative. Strong positive correlations (≥0.7) make up 2.8%.
What is the most common correlation range for OBK?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 35.1% of all pairs.
Explore the full interactive correlation distribution for OBK.
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