Willis Lease Finance Corp (WLFC) Correlation Distribution
Across 6,809 rolling correlation observations between Willis Lease Finance Corp (WLFC) and other NASDAQ-listed stocks, 40.2% are positive and 59.8% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.032, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 11.2% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,809
- Mean correlation
- -0.032
- Most common range
- -0.5 to -0.4
- Positive pairs
- 40.2%
- Strong positive (≥0.7)
- 11.2%
- Sector
- Wholesale-Machinery, Equipment & Supplies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 57 | 0.8% | |
| -0.8 to -0.7 | 56 | 0.8% | |
| -0.7 to -0.6 | 426 | 6.3% | |
| -0.6 to -0.5 | 426 | 6.3% | |
| -0.5 to -0.4 | 951 | 14.0% | |
| -0.4 to -0.3 | 950 | 14.0% | |
| -0.3 to -0.2 | 462 | 6.8% | |
| -0.2 to -0.1 | 462 | 6.8% | |
| -0.1 to 0.0 | 279 | 4.1% | |
| 0.0 to 0.1 | 278 | 4.1% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 251 | 3.7% | |
| 0.3 to 0.4 | 267 | 3.9% | |
| 0.4 to 0.5 | 267 | 3.9% | |
| 0.5 to 0.6 | 331 | 4.9% | |
| 0.6 to 0.7 | 330 | 4.8% | |
| 0.7 to 0.8 | 353 | 5.2% | |
| 0.8 to 0.9 | 353 | 5.2% | |
| 0.9 to 1.0 | 59 | 0.9% |
Frequently asked questions
What is the average correlation of WLFC?
Willis Lease Finance Corp (WLFC) has an average correlation of about -0.032 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is WLFC positively correlated with other stocks?
Not predominantly — 40.2% of pairs are positive and 59.8% are negative. Strong positive correlations (≥0.7) make up 11.2%.
What is the most common correlation range for WLFC?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 29.1% of all pairs.
Explore the full interactive correlation distribution for WLFC.
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