Barrick Mining Corporation (B) Correlation Distribution
Across 6,805 rolling correlation observations between Barrick Mining Corporation (B) and other NASDAQ-listed stocks, 75% are positive and 25% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.257, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.4% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,805
- Mean correlation
- 0.257
- Most common range
- 0.5 to 0.6
- Positive pairs
- 75%
- Strong positive (≥0.7)
- 2.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 4 | 0.1% | |
| -0.8 to -0.7 | 3 | 0.0% | |
| -0.7 to -0.6 | 21 | 0.3% | |
| -0.6 to -0.5 | 21 | 0.3% | |
| -0.5 to -0.4 | 191 | 2.8% | |
| -0.4 to -0.3 | 190 | 2.8% | |
| -0.3 to -0.2 | 409 | 6.0% | |
| -0.2 to -0.1 | 408 | 6.0% | |
| -0.1 to 0.0 | 454 | 6.7% | |
| 0.0 to 0.1 | 454 | 6.7% | |
| 0.1 to 0.2 | 557 | 8.2% | |
| 0.2 to 0.3 | 556 | 8.2% | |
| 0.3 to 0.4 | 707 | 10.4% | |
| 0.4 to 0.5 | 707 | 10.4% | |
| 0.5 to 0.6 | 979 | 14.4% | |
| 0.6 to 0.7 | 979 | 14.4% | |
| 0.7 to 0.8 | 83 | 1.2% | |
| 0.8 to 0.9 | 82 | 1.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of B?
Barrick Mining Corporation (B) has an average correlation of about 0.257 with other NASDAQ stocks, based on 6,805 pairwise observations.
Is B positively correlated with other stocks?
Mostly yes — 75% of pairs are positive and 25% are negative. Strong positive correlations (≥0.7) make up 2.4%.
What is the most common correlation range for B?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 41.7% of all pairs.
Explore the full interactive correlation distribution for B.
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