Southern Missouri Bancorp (SMBC) Correlation Distribution
Across 6,809 rolling correlation observations between Southern Missouri Bancorp (SMBC) and other NASDAQ-listed stocks, 54.2% are positive and 45.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.074, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 6.4% and strong negative correlations (≤−0.7) for 1.3%.
- Total observations
- 6,809
- Mean correlation
- 0.074
- Most common range
- 0.5 to 0.6
- Positive pairs
- 54.2%
- Strong positive (≥0.7)
- 6.4%
- Sector
- Savings Institutions, Not Federally Chartered
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 46 | 0.7% | |
| -0.8 to -0.7 | 45 | 0.7% | |
| -0.7 to -0.6 | 264 | 3.9% | |
| -0.6 to -0.5 | 263 | 3.9% | |
| -0.5 to -0.4 | 482 | 7.1% | |
| -0.4 to -0.3 | 481 | 7.1% | |
| -0.3 to -0.2 | 513 | 7.5% | |
| -0.2 to -0.1 | 513 | 7.5% | |
| -0.1 to 0.0 | 509 | 7.5% | |
| 0.0 to 0.1 | 508 | 7.5% | |
| 0.1 to 0.2 | 430 | 6.3% | |
| 0.2 to 0.3 | 429 | 6.3% | |
| 0.3 to 0.4 | 426 | 6.3% | |
| 0.4 to 0.5 | 425 | 6.2% | |
| 0.5 to 0.6 | 521 | 7.7% | |
| 0.6 to 0.7 | 521 | 7.7% | |
| 0.7 to 0.8 | 208 | 3.1% | |
| 0.8 to 0.9 | 208 | 3.1% | |
| 0.9 to 1.0 | 17 | 0.2% |
Frequently asked questions
What is the average correlation of SMBC?
Southern Missouri Bancorp (SMBC) has an average correlation of about 0.074 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SMBC positively correlated with other stocks?
Mostly yes — 54.2% of pairs are positive and 45.8% are negative. Strong positive correlations (≥0.7) make up 6.4%.
What is the most common correlation range for SMBC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 42.6% of all pairs.
Explore the full interactive correlation distribution for SMBC.
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