Beneficient Class A Common Stock (BENF) Correlation Distribution
Across 5,985 rolling correlation observations between Beneficient Class A Common Stock (BENF) and other NASDAQ-listed stocks, 47% are positive and 53% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is 0.017, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 14.3% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 5,985
- Mean correlation
- 0.017
- Most common range
- -0.7 to -0.6
- Positive pairs
- 47%
- Strong positive (≥0.7)
- 14.3%
- Sector
- Finance Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 73 | 1.2% | |
| -0.8 to -0.7 | 73 | 1.2% | |
| -0.7 to -0.6 | 558 | 9.3% | |
| -0.6 to -0.5 | 558 | 9.3% | |
| -0.5 to -0.4 | 489 | 8.2% | |
| -0.4 to -0.3 | 489 | 8.2% | |
| -0.3 to -0.2 | 346 | 5.8% | |
| -0.2 to -0.1 | 346 | 5.8% | |
| -0.1 to 0.0 | 242 | 4.0% | |
| 0.0 to 0.1 | 241 | 4.0% | |
| 0.1 to 0.2 | 239 | 4.0% | |
| 0.2 to 0.3 | 238 | 4.0% | |
| 0.3 to 0.4 | 275 | 4.6% | |
| 0.4 to 0.5 | 275 | 4.6% | |
| 0.5 to 0.6 | 344 | 5.7% | |
| 0.6 to 0.7 | 343 | 5.7% | |
| 0.7 to 0.8 | 403 | 6.7% | |
| 0.8 to 0.9 | 403 | 6.7% | |
| 0.9 to 1.0 | 50 | 0.8% |
Frequently asked questions
What is the average correlation of BENF?
Beneficient Class A Common Stock (BENF) has an average correlation of about 0.017 with other NASDAQ stocks, based on 5,985 pairwise observations.
Is BENF positively correlated with other stocks?
Not predominantly — 47% of pairs are positive and 53% are negative. Strong positive correlations (≥0.7) make up 14.3%.
What is the most common correlation range for BENF?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 27.6% of all pairs.
Explore the full interactive correlation distribution for BENF.
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