Sound Financial Bancorp, Inc. (SFBC) Correlation Distribution
Across 6,614 rolling correlation observations between Sound Financial Bancorp, Inc. (SFBC) and other NASDAQ-listed stocks, 51.2% are positive and 48.8% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.085, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 14.1% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,614
- Mean correlation
- 0.085
- Most common range
- -0.3 to -0.2
- Positive pairs
- 51.2%
- Strong positive (≥0.7)
- 14.1%
- Sector
- Savings Institution, Federally Chartered
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 46 | 0.7% | |
| -0.8 to -0.7 | 46 | 0.7% | |
| -0.7 to -0.6 | 278 | 4.2% | |
| -0.6 to -0.5 | 277 | 4.2% | |
| -0.5 to -0.4 | 517 | 7.8% | |
| -0.4 to -0.3 | 517 | 7.8% | |
| -0.3 to -0.2 | 565 | 8.5% | |
| -0.2 to -0.1 | 564 | 8.5% | |
| -0.1 to 0.0 | 418 | 6.3% | |
| 0.0 to 0.1 | 418 | 6.3% | |
| 0.1 to 0.2 | 296 | 4.5% | |
| 0.2 to 0.3 | 295 | 4.5% | |
| 0.3 to 0.4 | 314 | 4.7% | |
| 0.4 to 0.5 | 313 | 4.7% | |
| 0.5 to 0.6 | 407 | 6.2% | |
| 0.6 to 0.7 | 407 | 6.2% | |
| 0.7 to 0.8 | 455 | 6.9% | |
| 0.8 to 0.9 | 454 | 6.9% | |
| 0.9 to 1.0 | 26 | 0.4% |
Frequently asked questions
What is the average correlation of SFBC?
Sound Financial Bancorp, Inc. (SFBC) has an average correlation of about 0.085 with other NASDAQ stocks, based on 6,614 pairwise observations.
Is SFBC positively correlated with other stocks?
Mostly yes — 51.2% of pairs are positive and 48.8% are negative. Strong positive correlations (≥0.7) make up 14.1%.
What is the most common correlation range for SFBC?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 38.6% of all pairs.
Explore the full interactive correlation distribution for SFBC.
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