RFAC (RFAC) Correlation Distribution
Across 5,801 rolling correlation observations between RFAC (RFAC) and other NASDAQ-listed stocks, 33.6% are positive and 66.4% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.095, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.9% and strong negative correlations (≤−0.7) for 2.8%.
- Total observations
- 5,801
- Mean correlation
- -0.095
- Most common range
- -0.3 to -0.2
- Positive pairs
- 33.6%
- Strong positive (≥0.7)
- 0.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 22 | 0.4% | |
| -0.9 to -0.8 | 70 | 1.2% | |
| -0.8 to -0.7 | 70 | 1.2% | |
| -0.7 to -0.6 | 71 | 1.2% | |
| -0.6 to -0.5 | 70 | 1.2% | |
| -0.5 to -0.4 | 286 | 4.9% | |
| -0.4 to -0.3 | 286 | 4.9% | |
| -0.3 to -0.2 | 1,090 | 18.8% | |
| -0.2 to -0.1 | 1,090 | 18.8% | |
| -0.1 to 0.0 | 795 | 13.7% | |
| 0.0 to 0.1 | 794 | 13.7% | |
| 0.1 to 0.2 | 402 | 6.9% | |
| 0.2 to 0.3 | 402 | 6.9% | |
| 0.3 to 0.4 | 129 | 2.2% | |
| 0.4 to 0.5 | 129 | 2.2% | |
| 0.5 to 0.6 | 21 | 0.4% | |
| 0.6 to 0.7 | 21 | 0.4% | |
| 0.7 to 0.8 | 19 | 0.3% | |
| 0.8 to 0.9 | 18 | 0.3% | |
| 0.9 to 1.0 | 16 | 0.3% |
Frequently asked questions
What is the average correlation of RFAC?
RFAC (RFAC) has an average correlation of about -0.095 with other NASDAQ stocks, based on 5,801 pairwise observations.
Is RFAC positively correlated with other stocks?
Not predominantly — 33.6% of pairs are positive and 66.4% are negative. Strong positive correlations (≥0.7) make up 0.9%.
What is the most common correlation range for RFAC?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 78.8% of all pairs.
Explore the full interactive correlation distribution for RFAC.
Open interactive dashboard →