Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) Correlation Distribution
Across 6,791 rolling correlation observations between Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) and other NASDAQ-listed stocks, 73% are positive and 27% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.246, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.3% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,791
- Mean correlation
- 0.246
- Most common range
- 0.5 to 0.6
- Positive pairs
- 73%
- Strong positive (≥0.7)
- 3.3%
- Sector
- Real Estate Investment Trusts
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 | 37 | 0.5% | |
| -0.6 to -0.5 | 36 | 0.5% | |
| -0.5 to -0.4 | 160 | 2.4% | |
| -0.4 to -0.3 | 160 | 2.4% | |
| -0.3 to -0.2 | 458 | 6.7% | |
| -0.2 to -0.1 | 457 | 6.7% | |
| -0.1 to 0.0 | 524 | 7.7% | |
| 0.0 to 0.1 | 524 | 7.7% | |
| 0.1 to 0.2 | 501 | 7.4% | |
| 0.2 to 0.3 | 500 | 7.4% | |
| 0.3 to 0.4 | 696 | 10.2% | |
| 0.4 to 0.5 | 695 | 10.2% | |
| 0.5 to 0.6 | 910 | 13.4% | |
| 0.6 to 0.7 | 909 | 13.4% | |
| 0.7 to 0.8 | 112 | 1.6% | |
| 0.8 to 0.9 | 112 | 1.6% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of REFI?
Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) has an average correlation of about 0.246 with other NASDAQ stocks, based on 6,791 pairwise observations.
Is REFI positively correlated with other stocks?
Mostly yes — 73% of pairs are positive and 27% are negative. Strong positive correlations (≥0.7) make up 3.3%.
What is the most common correlation range for REFI?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 43.6% of all pairs.
Explore the full interactive correlation distribution for REFI.
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