Brookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes (BEPH) Correlation Distribution
Across 6,806 rolling correlation observations between Brookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes (BEPH) and other NASDAQ-listed stocks, 72.8% are positive and 27.2% are negative. The most common correlation range is 0.9 to 1.0, and the average pairwise correlation is 0.374, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 40.9% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,806
- Mean correlation
- 0.374
- Most common range
- 0.9 to 1.0
- Positive pairs
- 72.8%
- Strong positive (≥0.7)
- 40.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 58 | 0.9% | |
| -0.8 to -0.7 | 58 | 0.9% | |
| -0.7 to -0.6 | 190 | 2.8% | |
| -0.6 to -0.5 | 190 | 2.8% | |
| -0.5 to -0.4 | 281 | 4.1% | |
| -0.4 to -0.3 | 281 | 4.1% | |
| -0.3 to -0.2 | 263 | 3.9% | |
| -0.2 to -0.1 | 263 | 3.9% | |
| -0.1 to 0.0 | 263 | 3.9% | |
| 0.0 to 0.1 | 262 | 3.8% | |
| 0.1 to 0.2 | 247 | 3.6% | |
| 0.2 to 0.3 | 246 | 3.6% | |
| 0.3 to 0.4 | 289 | 4.2% | |
| 0.4 to 0.5 | 289 | 4.2% | |
| 0.5 to 0.6 | 418 | 6.1% | |
| 0.6 to 0.7 | 418 | 6.1% | |
| 0.7 to 0.8 | 912 | 13.4% | |
| 0.8 to 0.9 | 912 | 13.4% | |
| 0.9 to 1.0 | 961 | 14.1% |
Frequently asked questions
What is the average correlation of BEPH?
Brookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes (BEPH) has an average correlation of about 0.374 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is BEPH positively correlated with other stocks?
Mostly yes — 72.8% of pairs are positive and 27.2% are negative. Strong positive correlations (≥0.7) make up 40.9%.
What is the most common correlation range for BEPH?
The most common range is 0.9 to 1.0. Weak correlations (−0.3 to 0.3) account for 22.7% of all pairs.
Explore the full interactive correlation distribution for BEPH.
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