Barings Global Short Duration High Yield Fund (BGH) Correlation Distribution
Across 6,809 rolling correlation observations between Barings Global Short Duration High Yield Fund (BGH) and other NASDAQ-listed stocks, 80.5% are positive and 19.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.326, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 15% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,809
- Mean correlation
- 0.326
- Most common range
- 0.5 to 0.6
- Positive pairs
- 80.5%
- Strong positive (≥0.7)
- 15%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 26 | 0.4% | |
| -0.8 to -0.7 | 26 | 0.4% | |
| -0.7 to -0.6 | 103 | 1.5% | |
| -0.6 to -0.5 | 102 | 1.5% | |
| -0.5 to -0.4 | 137 | 2.0% | |
| -0.4 to -0.3 | 137 | 2.0% | |
| -0.3 to -0.2 | 219 | 3.2% | |
| -0.2 to -0.1 | 218 | 3.2% | |
| -0.1 to 0.0 | 357 | 5.2% | |
| 0.0 to 0.1 | 356 | 5.2% | |
| 0.1 to 0.2 | 535 | 7.9% | |
| 0.2 to 0.3 | 535 | 7.9% | |
| 0.3 to 0.4 | 701 | 10.3% | |
| 0.4 to 0.5 | 701 | 10.3% | |
| 0.5 to 0.6 | 818 | 12.0% | |
| 0.6 to 0.7 | 818 | 12.0% | |
| 0.7 to 0.8 | 456 | 6.7% | |
| 0.8 to 0.9 | 456 | 6.7% | |
| 0.9 to 1.0 | 106 | 1.6% |
Frequently asked questions
What is the average correlation of BGH?
Barings Global Short Duration High Yield Fund (BGH) has an average correlation of about 0.326 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BGH positively correlated with other stocks?
Mostly yes — 80.5% of pairs are positive and 19.5% are negative. Strong positive correlations (≥0.7) make up 15%.
What is the most common correlation range for BGH?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.6% of all pairs.
Explore the full interactive correlation distribution for BGH.
Open interactive dashboard →