Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) Correlation Distribution
Across 6,809 rolling correlation observations between Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) and other NASDAQ-listed stocks, 37.3% are positive and 62.7% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.146, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.6% and strong negative correlations (≤−0.7) for 18.1%.
- Total observations
- 6,809
- Mean correlation
- -0.146
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.3%
- Strong positive (≥0.7)
- 13.6%
- Sector
- Services-Amusement & Recreation Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 36 | 0.5% | |
| -0.9 to -0.8 | 599 | 8.8% | |
| -0.8 to -0.7 | 599 | 8.8% | |
| -0.7 to -0.6 | 794 | 11.7% | |
| -0.6 to -0.5 | 794 | 11.7% | |
| -0.5 to -0.4 | 373 | 5.5% | |
| -0.4 to -0.3 | 372 | 5.5% | |
| -0.3 to -0.2 | 242 | 3.6% | |
| -0.2 to -0.1 | 242 | 3.6% | |
| -0.1 to 0.0 | 215 | 3.2% | |
| 0.0 to 0.1 | 215 | 3.2% | |
| 0.1 to 0.2 | 217 | 3.2% | |
| 0.2 to 0.3 | 216 | 3.2% | |
| 0.3 to 0.4 | 213 | 3.1% | |
| 0.4 to 0.5 | 212 | 3.1% | |
| 0.5 to 0.6 | 272 | 4.0% | |
| 0.6 to 0.7 | 272 | 4.0% | |
| 0.7 to 0.8 | 386 | 5.7% | |
| 0.8 to 0.9 | 386 | 5.7% | |
| 0.9 to 1.0 | 154 | 2.3% |
Frequently asked questions
What is the average correlation of BATRA?
Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) has an average correlation of about -0.146 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BATRA positively correlated with other stocks?
Not predominantly — 37.3% of pairs are positive and 62.7% are negative. Strong positive correlations (≥0.7) make up 13.6%.
What is the most common correlation range for BATRA?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 19.8% of all pairs.
Explore the full interactive correlation distribution for BATRA.
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