OCFCP (OCFCP) Correlation Distribution
Across 6,778 rolling correlation observations between OCFCP (OCFCP) and other NASDAQ-listed stocks, 70.5% are positive and 29.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.291, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 26.7% and strong negative correlations (≤−0.7) for 2.2%.
- Total observations
- 6,778
- Mean correlation
- 0.291
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.5%
- Strong positive (≥0.7)
- 26.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 75 | 1.1% | |
| -0.8 to -0.7 | 75 | 1.1% | |
| -0.7 to -0.6 | 213 | 3.1% | |
| -0.6 to -0.5 | 213 | 3.1% | |
| -0.5 to -0.4 | 304 | 4.5% | |
| -0.4 to -0.3 | 303 | 4.5% | |
| -0.3 to -0.2 | 278 | 4.1% | |
| -0.2 to -0.1 | 278 | 4.1% | |
| -0.1 to 0.0 | 260 | 3.8% | |
| 0.0 to 0.1 | 260 | 3.8% | |
| 0.1 to 0.2 | 292 | 4.3% | |
| 0.2 to 0.3 | 292 | 4.3% | |
| 0.3 to 0.4 | 364 | 5.4% | |
| 0.4 to 0.5 | 363 | 5.4% | |
| 0.5 to 0.6 | 700 | 10.3% | |
| 0.6 to 0.7 | 699 | 10.3% | |
| 0.7 to 0.8 | 882 | 13.0% | |
| 0.8 to 0.9 | 881 | 13.0% | |
| 0.9 to 1.0 | 46 | 0.7% |
Frequently asked questions
What is the average correlation of OCFCP?
OCFCP (OCFCP) has an average correlation of about 0.291 with other NASDAQ stocks, based on 6,778 pairwise observations.
Is OCFCP positively correlated with other stocks?
Mostly yes — 70.5% of pairs are positive and 29.5% are negative. Strong positive correlations (≥0.7) make up 26.7%.
What is the most common correlation range for OCFCP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.5% of all pairs.
Explore the full interactive correlation distribution for OCFCP.
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