Brookfield BRP Holdings (Canada) Inc. 4.875% Perpetual Subordinated Notes (BEPI) Correlation Distribution
Across 6,790 rolling correlation observations between Brookfield BRP Holdings (Canada) Inc. 4.875% Perpetual Subordinated Notes (BEPI) and other NASDAQ-listed stocks, 71.9% are positive and 28.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.322, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 27.7% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,790
- Mean correlation
- 0.322
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.9%
- Strong positive (≥0.7)
- 27.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 10 | 0.1% | |
| -0.8 to -0.7 | 10 | 0.1% | |
| -0.7 to -0.6 | 92 | 1.4% | |
| -0.6 to -0.5 | 91 | 1.3% | |
| -0.5 to -0.4 | 248 | 3.7% | |
| -0.4 to -0.3 | 248 | 3.7% | |
| -0.3 to -0.2 | 422 | 6.2% | |
| -0.2 to -0.1 | 421 | 6.2% | |
| -0.1 to 0.0 | 365 | 5.4% | |
| 0.0 to 0.1 | 364 | 5.4% | |
| 0.1 to 0.2 | 345 | 5.1% | |
| 0.2 to 0.3 | 344 | 5.1% | |
| 0.3 to 0.4 | 414 | 6.1% | |
| 0.4 to 0.5 | 413 | 6.1% | |
| 0.5 to 0.6 | 562 | 8.3% | |
| 0.6 to 0.7 | 562 | 8.3% | |
| 0.7 to 0.8 | 828 | 12.2% | |
| 0.8 to 0.9 | 828 | 12.2% | |
| 0.9 to 1.0 | 223 | 3.3% |
Frequently asked questions
What is the average correlation of BEPI?
Brookfield BRP Holdings (Canada) Inc. 4.875% Perpetual Subordinated Notes (BEPI) has an average correlation of about 0.322 with other NASDAQ stocks, based on 6,790 pairwise observations.
Is BEPI positively correlated with other stocks?
Mostly yes — 71.9% of pairs are positive and 28.1% are negative. Strong positive correlations (≥0.7) make up 27.7%.
What is the most common correlation range for BEPI?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 33.3% of all pairs.
Explore the full interactive correlation distribution for BEPI.
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