Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) Correlation Distribution
Across 6,806 rolling correlation observations between Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) and other NASDAQ-listed stocks, 73.8% are positive and 26.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.372, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 38.6% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,806
- Mean correlation
- 0.372
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.8%
- Strong positive (≥0.7)
- 38.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 33 | 0.5% | |
| -0.8 to -0.7 | 32 | 0.5% | |
| -0.7 to -0.6 | 158 | 2.3% | |
| -0.6 to -0.5 | 157 | 2.3% | |
| -0.5 to -0.4 | 280 | 4.1% | |
| -0.4 to -0.3 | 280 | 4.1% | |
| -0.3 to -0.2 | 283 | 4.2% | |
| -0.2 to -0.1 | 283 | 4.2% | |
| -0.1 to 0.0 | 279 | 4.1% | |
| 0.0 to 0.1 | 278 | 4.1% | |
| 0.1 to 0.2 | 280 | 4.1% | |
| 0.2 to 0.3 | 279 | 4.1% | |
| 0.3 to 0.4 | 321 | 4.7% | |
| 0.4 to 0.5 | 321 | 4.7% | |
| 0.5 to 0.6 | 458 | 6.7% | |
| 0.6 to 0.7 | 457 | 6.7% | |
| 0.7 to 0.8 | 1,012 | 14.9% | |
| 0.8 to 0.9 | 1,012 | 14.9% | |
| 0.9 to 1.0 | 602 | 8.8% |
Frequently asked questions
What is the average correlation of BIPH?
Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) has an average correlation of about 0.372 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is BIPH positively correlated with other stocks?
Mostly yes — 73.8% of pairs are positive and 26.2% are negative. Strong positive correlations (≥0.7) make up 38.6%.
What is the most common correlation range for BIPH?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.
Explore the full interactive correlation distribution for BIPH.
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