Bluerock Homes Trust, Inc. (BHM) Correlation Distribution
Across 6,473 rolling correlation observations between Bluerock Homes Trust, Inc. (BHM) and other NASDAQ-listed stocks, 56% are positive and 44% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.095, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.1% and strong negative correlations (≤−0.7) for 4%.
- Total observations
- 6,473
- Mean correlation
- 0.095
- Most common range
- 0.7 to 0.8
- Positive pairs
- 56%
- Strong positive (≥0.7)
- 16.1%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 10 | 0.2% | |
| -0.9 to -0.8 | 126 | 1.9% | |
| -0.8 to -0.7 | 125 | 1.9% | |
| -0.7 to -0.6 | 480 | 7.4% | |
| -0.6 to -0.5 | 480 | 7.4% | |
| -0.5 to -0.4 | 374 | 5.8% | |
| -0.4 to -0.3 | 373 | 5.8% | |
| -0.3 to -0.2 | 291 | 4.5% | |
| -0.2 to -0.1 | 290 | 4.5% | |
| -0.1 to 0.0 | 301 | 4.7% | |
| 0.0 to 0.1 | 300 | 4.6% | |
| 0.1 to 0.2 | 319 | 4.9% | |
| 0.2 to 0.3 | 319 | 4.9% | |
| 0.3 to 0.4 | 344 | 5.3% | |
| 0.4 to 0.5 | 344 | 5.3% | |
| 0.5 to 0.6 | 477 | 7.4% | |
| 0.6 to 0.7 | 476 | 7.4% | |
| 0.7 to 0.8 | 500 | 7.7% | |
| 0.8 to 0.9 | 500 | 7.7% | |
| 0.9 to 1.0 | 44 | 0.7% |
Frequently asked questions
What is the average correlation of BHM?
Bluerock Homes Trust, Inc. (BHM) has an average correlation of about 0.095 with other NASDAQ stocks, based on 6,473 pairwise observations.
Is BHM positively correlated with other stocks?
Mostly yes — 56% of pairs are positive and 44% are negative. Strong positive correlations (≥0.7) make up 16.1%.
What is the most common correlation range for BHM?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 28.1% of all pairs.
Explore the full interactive correlation distribution for BHM.
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