Wintrust Financial Corporation Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (WTFCM) Correlation Distribution
Across 6,809 rolling correlation observations between Wintrust Financial Corporation Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (WTFCM) and other NASDAQ-listed stocks, 71.8% are positive and 28.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.299, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 23.8% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,809
- Mean correlation
- 0.299
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.8%
- Strong positive (≥0.7)
- 23.8%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 53 | 0.8% | |
| -0.8 to -0.7 | 52 | 0.8% | |
| -0.7 to -0.6 | 184 | 2.7% | |
| -0.6 to -0.5 | 184 | 2.7% | |
| -0.5 to -0.4 | 283 | 4.2% | |
| -0.4 to -0.3 | 283 | 4.2% | |
| -0.3 to -0.2 | 299 | 4.4% | |
| -0.2 to -0.1 | 299 | 4.4% | |
| -0.1 to 0.0 | 281 | 4.1% | |
| 0.0 to 0.1 | 280 | 4.1% | |
| 0.1 to 0.2 | 302 | 4.4% | |
| 0.2 to 0.3 | 302 | 4.4% | |
| 0.3 to 0.4 | 415 | 6.1% | |
| 0.4 to 0.5 | 415 | 6.1% | |
| 0.5 to 0.6 | 777 | 11.4% | |
| 0.6 to 0.7 | 776 | 11.4% | |
| 0.7 to 0.8 | 794 | 11.7% | |
| 0.8 to 0.9 | 793 | 11.6% | |
| 0.9 to 1.0 | 36 | 0.5% |
Frequently asked questions
What is the average correlation of WTFCM?
Wintrust Financial Corporation Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (WTFCM) has an average correlation of about 0.299 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is WTFCM positively correlated with other stocks?
Mostly yes — 71.8% of pairs are positive and 28.2% are negative. Strong positive correlations (≥0.7) make up 23.8%.
What is the most common correlation range for WTFCM?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.9% of all pairs.
Explore the full interactive correlation distribution for WTFCM.
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