ZFOX (ZFOX) Correlation Distribution
Across 6,377 rolling correlation observations between ZFOX (ZFOX) and other NASDAQ-listed stocks, 62% are positive and 38% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.18, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 24.5% and strong negative correlations (≤−0.7) for 5.3%.
- Total observations
- 6,377
- Mean correlation
- 0.18
- Most common range
- 0.7 to 0.8
- Positive pairs
- 62%
- Strong positive (≥0.7)
- 24.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 169 | 2.7% | |
| -0.8 to -0.7 | 168 | 2.6% | |
| -0.7 to -0.6 | 375 | 5.9% | |
| -0.6 to -0.5 | 374 | 5.9% | |
| -0.5 to -0.4 | 289 | 4.5% | |
| -0.4 to -0.3 | 288 | 4.5% | |
| -0.3 to -0.2 | 260 | 4.1% | |
| -0.2 to -0.1 | 259 | 4.1% | |
| -0.1 to 0.0 | 241 | 3.8% | |
| 0.0 to 0.1 | 241 | 3.8% | |
| 0.1 to 0.2 | 278 | 4.4% | |
| 0.2 to 0.3 | 278 | 4.4% | |
| 0.3 to 0.4 | 318 | 5.0% | |
| 0.4 to 0.5 | 317 | 5.0% | |
| 0.5 to 0.6 | 481 | 7.5% | |
| 0.6 to 0.7 | 480 | 7.5% | |
| 0.7 to 0.8 | 728 | 11.4% | |
| 0.8 to 0.9 | 728 | 11.4% | |
| 0.9 to 1.0 | 104 | 1.6% |
Frequently asked questions
What is the average correlation of ZFOX?
ZFOX (ZFOX) has an average correlation of about 0.18 with other NASDAQ stocks, based on 6,377 pairwise observations.
Is ZFOX positively correlated with other stocks?
Mostly yes — 62% of pairs are positive and 38% are negative. Strong positive correlations (≥0.7) make up 24.5%.
What is the most common correlation range for ZFOX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.4% of all pairs.
Explore the full interactive correlation distribution for ZFOX.
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