SB Financial Group, Inc. (SBFG) Correlation Distribution
Across 6,795 rolling correlation observations between SB Financial Group, Inc. (SBFG) and other NASDAQ-listed stocks, 73.5% are positive and 26.5% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.18, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.2% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,795
- Mean correlation
- 0.18
- Most common range
- 0.1 to 0.2
- Positive pairs
- 73.5%
- Strong positive (≥0.7)
- 4.2%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 54 | 0.8% | |
| -0.8 to -0.7 | 54 | 0.8% | |
| -0.7 to -0.6 | 84 | 1.2% | |
| -0.6 to -0.5 | 84 | 1.2% | |
| -0.5 to -0.4 | 138 | 2.0% | |
| -0.4 to -0.3 | 137 | 2.0% | |
| -0.3 to -0.2 | 294 | 4.3% | |
| -0.2 to -0.1 | 293 | 4.3% | |
| -0.1 to 0.0 | 662 | 9.7% | |
| 0.0 to 0.1 | 661 | 9.7% | |
| 0.1 to 0.2 | 954 | 14.0% | |
| 0.2 to 0.3 | 954 | 14.0% | |
| 0.3 to 0.4 | 641 | 9.4% | |
| 0.4 to 0.5 | 640 | 9.4% | |
| 0.5 to 0.6 | 428 | 6.3% | |
| 0.6 to 0.7 | 427 | 6.3% | |
| 0.7 to 0.8 | 144 | 2.1% | |
| 0.8 to 0.9 | 144 | 2.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SBFG?
SB Financial Group, Inc. (SBFG) has an average correlation of about 0.18 with other NASDAQ stocks, based on 6,795 pairwise observations.
Is SBFG positively correlated with other stocks?
Mostly yes — 73.5% of pairs are positive and 26.5% are negative. Strong positive correlations (≥0.7) make up 4.2%.
What is the most common correlation range for SBFG?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 56.2% of all pairs.
Explore the full interactive correlation distribution for SBFG.
Open interactive dashboard →