Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK) Correlation Distribution
Across 6,809 rolling correlation observations between Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK) and other NASDAQ-listed stocks, 37.5% are positive and 62.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.138, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.8% and strong negative correlations (≤−0.7) for 16.5%.
- Total observations
- 6,809
- Mean correlation
- -0.138
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.5%
- Strong positive (≥0.7)
- 13.8%
- Sector
- Services-Amusement & Recreation Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 17 | 0.2% | |
| -0.9 to -0.8 | 554 | 8.1% | |
| -0.8 to -0.7 | 554 | 8.1% | |
| -0.7 to -0.6 | 806 | 11.8% | |
| -0.6 to -0.5 | 806 | 11.8% | |
| -0.5 to -0.4 | 402 | 5.9% | |
| -0.4 to -0.3 | 402 | 5.9% | |
| -0.3 to -0.2 | 251 | 3.7% | |
| -0.2 to -0.1 | 251 | 3.7% | |
| -0.1 to 0.0 | 213 | 3.1% | |
| 0.0 to 0.1 | 212 | 3.1% | |
| 0.1 to 0.2 | 215 | 3.2% | |
| 0.2 to 0.3 | 215 | 3.2% | |
| 0.3 to 0.4 | 208 | 3.1% | |
| 0.4 to 0.5 | 207 | 3.0% | |
| 0.5 to 0.6 | 279 | 4.1% | |
| 0.6 to 0.7 | 279 | 4.1% | |
| 0.7 to 0.8 | 417 | 6.1% | |
| 0.8 to 0.9 | 416 | 6.1% | |
| 0.9 to 1.0 | 105 | 1.5% |
Frequently asked questions
What is the average correlation of BATRK?
Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK) has an average correlation of about -0.138 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BATRK positively correlated with other stocks?
Not predominantly — 37.5% of pairs are positive and 62.5% are negative. Strong positive correlations (≥0.7) make up 13.8%.
What is the most common correlation range for BATRK?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 19.9% of all pairs.
Explore the full interactive correlation distribution for BATRK.
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