Brookfield Business Corporation Class A Exchangeable Subordinate Voting Shares (BBUC) Correlation Distribution
Across 6,737 rolling correlation observations between Brookfield Business Corporation Class A Exchangeable Subordinate Voting Shares (BBUC) and other NASDAQ-listed stocks, 72.9% are positive and 27.1% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.223, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 7.6% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,737
- Mean correlation
- 0.223
- Most common range
- 0.3 to 0.4
- Positive pairs
- 72.9%
- Strong positive (≥0.7)
- 7.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 20 | 0.3% | |
| -0.8 to -0.7 | 19 | 0.3% | |
| -0.7 to -0.6 | 116 | 1.7% | |
| -0.6 to -0.5 | 115 | 1.7% | |
| -0.5 to -0.4 | 237 | 3.5% | |
| -0.4 to -0.3 | 237 | 3.5% | |
| -0.3 to -0.2 | 328 | 4.9% | |
| -0.2 to -0.1 | 327 | 4.9% | |
| -0.1 to 0.0 | 428 | 6.4% | |
| 0.0 to 0.1 | 428 | 6.4% | |
| 0.1 to 0.2 | 609 | 9.0% | |
| 0.2 to 0.3 | 609 | 9.0% | |
| 0.3 to 0.4 | 785 | 11.7% | |
| 0.4 to 0.5 | 785 | 11.7% | |
| 0.5 to 0.6 | 592 | 8.8% | |
| 0.6 to 0.7 | 592 | 8.8% | |
| 0.7 to 0.8 | 252 | 3.7% | |
| 0.8 to 0.9 | 251 | 3.7% | |
| 0.9 to 1.0 | 7 | 0.1% |
Frequently asked questions
What is the average correlation of BBUC?
Brookfield Business Corporation Class A Exchangeable Subordinate Voting Shares (BBUC) has an average correlation of about 0.223 with other NASDAQ stocks, based on 6,737 pairwise observations.
Is BBUC positively correlated with other stocks?
Mostly yes — 72.9% of pairs are positive and 27.1% are negative. Strong positive correlations (≥0.7) make up 7.6%.
What is the most common correlation range for BBUC?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 40.5% of all pairs.
Explore the full interactive correlation distribution for BBUC.
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