SHF Holdings, Inc. Class A Common Stock (SHFS) Correlation Distribution
Across 6,493 rolling correlation observations between SHF Holdings, Inc. Class A Common Stock (SHFS) and other NASDAQ-listed stocks, 51% are positive and 49% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.039, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 5.1% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,493
- Mean correlation
- 0.039
- Most common range
- -0.5 to -0.4
- Positive pairs
- 51%
- Strong positive (≥0.7)
- 5.1%
- Sector
- Finance Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 8 | 0.1% | |
| -0.8 to -0.7 | 8 | 0.1% | |
| -0.7 to -0.6 | 237 | 3.7% | |
| -0.6 to -0.5 | 237 | 3.7% | |
| -0.5 to -0.4 | 668 | 10.3% | |
| -0.4 to -0.3 | 667 | 10.3% | |
| -0.3 to -0.2 | 457 | 7.0% | |
| -0.2 to -0.1 | 456 | 7.0% | |
| -0.1 to 0.0 | 442 | 6.8% | |
| 0.0 to 0.1 | 441 | 6.8% | |
| 0.1 to 0.2 | 404 | 6.2% | |
| 0.2 to 0.3 | 404 | 6.2% | |
| 0.3 to 0.4 | 494 | 7.6% | |
| 0.4 to 0.5 | 493 | 7.6% | |
| 0.5 to 0.6 | 373 | 5.7% | |
| 0.6 to 0.7 | 372 | 5.7% | |
| 0.7 to 0.8 | 163 | 2.5% | |
| 0.8 to 0.9 | 163 | 2.5% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of SHFS?
SHF Holdings, Inc. Class A Common Stock (SHFS) has an average correlation of about 0.039 with other NASDAQ stocks, based on 6,493 pairwise observations.
Is SHFS positively correlated with other stocks?
Mostly yes — 51% of pairs are positive and 49% are negative. Strong positive correlations (≥0.7) make up 5.1%.
What is the most common correlation range for SHFS?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 40.1% of all pairs.
Explore the full interactive correlation distribution for SHFS.
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