Seacoast Banking Corp of Florida (SBCF) Correlation Distribution
Across 6,809 rolling correlation observations between Seacoast Banking Corp of Florida (SBCF) and other NASDAQ-listed stocks, 74.8% are positive and 25.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.275, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.3% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,809
- Mean correlation
- 0.275
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.8%
- Strong positive (≥0.7)
- 10.3%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 58 | 0.9% | |
| -0.8 to -0.7 | 58 | 0.9% | |
| -0.7 to -0.6 | 62 | 0.9% | |
| -0.6 to -0.5 | 62 | 0.9% | |
| -0.5 to -0.4 | 187 | 2.7% | |
| -0.4 to -0.3 | 187 | 2.7% | |
| -0.3 to -0.2 | 367 | 5.4% | |
| -0.2 to -0.1 | 367 | 5.4% | |
| -0.1 to 0.0 | 366 | 5.4% | |
| 0.0 to 0.1 | 365 | 5.4% | |
| 0.1 to 0.2 | 460 | 6.8% | |
| 0.2 to 0.3 | 459 | 6.7% | |
| 0.3 to 0.4 | 682 | 10.0% | |
| 0.4 to 0.5 | 681 | 10.0% | |
| 0.5 to 0.6 | 871 | 12.8% | |
| 0.6 to 0.7 | 871 | 12.8% | |
| 0.7 to 0.8 | 335 | 4.9% | |
| 0.8 to 0.9 | 335 | 4.9% | |
| 0.9 to 1.0 | 32 | 0.5% |
Frequently asked questions
What is the average correlation of SBCF?
Seacoast Banking Corp of Florida (SBCF) has an average correlation of about 0.275 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SBCF positively correlated with other stocks?
Mostly yes — 74.8% of pairs are positive and 25.2% are negative. Strong positive correlations (≥0.7) make up 10.3%.
What is the most common correlation range for SBCF?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35% of all pairs.
Explore the full interactive correlation distribution for SBCF.
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