Brookfield Corporation (BN) Correlation Distribution
Across 6,335 rolling correlation observations between Brookfield Corporation (BN) and other NASDAQ-listed stocks, 53.7% are positive and 46.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.083, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 26% and strong negative correlations (≤−0.7) for 13.4%.
- Total observations
- 6,335
- Mean correlation
- 0.083
- Most common range
- 0.7 to 0.8
- Positive pairs
- 53.7%
- Strong positive (≥0.7)
- 26%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 419 | 6.6% | |
| -0.8 to -0.7 | 418 | 6.6% | |
| -0.7 to -0.6 | 449 | 7.1% | |
| -0.6 to -0.5 | 448 | 7.1% | |
| -0.5 to -0.4 | 294 | 4.6% | |
| -0.4 to -0.3 | 294 | 4.6% | |
| -0.3 to -0.2 | 203 | 3.2% | |
| -0.2 to -0.1 | 203 | 3.2% | |
| -0.1 to 0.0 | 193 | 3.0% | |
| 0.0 to 0.1 | 193 | 3.0% | |
| 0.1 to 0.2 | 214 | 3.4% | |
| 0.2 to 0.3 | 214 | 3.4% | |
| 0.3 to 0.4 | 232 | 3.7% | |
| 0.4 to 0.5 | 232 | 3.7% | |
| 0.5 to 0.6 | 333 | 5.3% | |
| 0.6 to 0.7 | 333 | 5.3% | |
| 0.7 to 0.8 | 574 | 9.1% | |
| 0.8 to 0.9 | 573 | 9.0% | |
| 0.9 to 1.0 | 501 | 7.9% |
Frequently asked questions
What is the average correlation of BN?
Brookfield Corporation (BN) has an average correlation of about 0.083 with other NASDAQ stocks, based on 6,335 pairwise observations.
Is BN positively correlated with other stocks?
Mostly yes — 53.7% of pairs are positive and 46.3% are negative. Strong positive correlations (≥0.7) make up 26%.
What is the most common correlation range for BN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.3% of all pairs.
Explore the full interactive correlation distribution for BN.
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