PFIN (PFIN) Correlation Distribution
Across 6,246 rolling correlation observations between PFIN (PFIN) and other NASDAQ-listed stocks, 42% are positive and 58% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.014, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.9% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,246
- Mean correlation
- -0.014
- Most common range
- -0.3 to -0.2
- Positive pairs
- 42%
- Strong positive (≥0.7)
- 0.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 16 | 0.3% | |
| -0.8 to -0.7 | 15 | 0.2% | |
| -0.7 to -0.6 | 78 | 1.2% | |
| -0.6 to -0.5 | 78 | 1.2% | |
| -0.5 to -0.4 | 397 | 6.4% | |
| -0.4 to -0.3 | 397 | 6.4% | |
| -0.3 to -0.2 | 1,004 | 16.1% | |
| -0.2 to -0.1 | 1,004 | 16.1% | |
| -0.1 to 0.0 | 636 | 10.2% | |
| 0.0 to 0.1 | 636 | 10.2% | |
| 0.1 to 0.2 | 401 | 6.4% | |
| 0.2 to 0.3 | 401 | 6.4% | |
| 0.3 to 0.4 | 330 | 5.3% | |
| 0.4 to 0.5 | 329 | 5.3% | |
| 0.5 to 0.6 | 233 | 3.7% | |
| 0.6 to 0.7 | 232 | 3.7% | |
| 0.7 to 0.8 | 30 | 0.5% | |
| 0.8 to 0.9 | 29 | 0.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of PFIN?
PFIN (PFIN) has an average correlation of about -0.014 with other NASDAQ stocks, based on 6,246 pairwise observations.
Is PFIN positively correlated with other stocks?
Not predominantly — 42% of pairs are positive and 58% are negative. Strong positive correlations (≥0.7) make up 0.9%.
What is the most common correlation range for PFIN?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 65.4% of all pairs.
Explore the full interactive correlation distribution for PFIN.
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