Barclays PLC (BCS) Correlation Distribution
Across 6,809 rolling correlation observations between Barclays PLC (BCS) and other NASDAQ-listed stocks, 55% are positive and 45% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.118, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 12.7% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,809
- Mean correlation
- 0.118
- Most common range
- -0.3 to -0.2
- Positive pairs
- 55%
- Strong positive (≥0.7)
- 12.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 40 | 0.6% | |
| -0.8 to -0.7 | 40 | 0.6% | |
| -0.7 to -0.6 | 152 | 2.2% | |
| -0.6 to -0.5 | 152 | 2.2% | |
| -0.5 to -0.4 | 412 | 6.1% | |
| -0.4 to -0.3 | 412 | 6.1% | |
| -0.3 to -0.2 | 648 | 9.5% | |
| -0.2 to -0.1 | 648 | 9.5% | |
| -0.1 to 0.0 | 559 | 8.2% | |
| 0.0 to 0.1 | 558 | 8.2% | |
| 0.1 to 0.2 | 383 | 5.6% | |
| 0.2 to 0.3 | 383 | 5.6% | |
| 0.3 to 0.4 | 372 | 5.5% | |
| 0.4 to 0.5 | 371 | 5.4% | |
| 0.5 to 0.6 | 408 | 6.0% | |
| 0.6 to 0.7 | 407 | 6.0% | |
| 0.7 to 0.8 | 416 | 6.1% | |
| 0.8 to 0.9 | 415 | 6.1% | |
| 0.9 to 1.0 | 33 | 0.5% |
Frequently asked questions
What is the average correlation of BCS?
Barclays PLC (BCS) has an average correlation of about 0.118 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BCS positively correlated with other stocks?
Mostly yes — 55% of pairs are positive and 45% are negative. Strong positive correlations (≥0.7) make up 12.7%.
What is the most common correlation range for BCS?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 46.7% of all pairs.
Explore the full interactive correlation distribution for BCS.
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