Brookfield Finance Inc. 4.625% Subordinated Notes due October 16, 2080 (BNH) Correlation Distribution
Across 6,335 rolling correlation observations between Brookfield Finance Inc. 4.625% Subordinated Notes due October 16, 2080 (BNH) and other NASDAQ-listed stocks, 71.5% are positive and 28.5% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.185, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.4% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,335
- Mean correlation
- 0.185
- Most common range
- -0.1 to 0.0
- Positive pairs
- 71.5%
- Strong positive (≥0.7)
- 2.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 0 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 8 | 0.1% | |
| -0.6 to -0.5 | 7 | 0.1% | |
| -0.5 to -0.4 | 81 | 1.3% | |
| -0.4 to -0.3 | 80 | 1.3% | |
| -0.3 to -0.2 | 435 | 6.9% | |
| -0.2 to -0.1 | 434 | 6.9% | |
| -0.1 to 0.0 | 763 | 12.0% | |
| 0.0 to 0.1 | 763 | 12.0% | |
| 0.1 to 0.2 | 741 | 11.7% | |
| 0.2 to 0.3 | 741 | 11.7% | |
| 0.3 to 0.4 | 691 | 10.9% | |
| 0.4 to 0.5 | 690 | 10.9% | |
| 0.5 to 0.6 | 376 | 5.9% | |
| 0.6 to 0.7 | 376 | 5.9% | |
| 0.7 to 0.8 | 73 | 1.2% | |
| 0.8 to 0.9 | 73 | 1.2% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of BNH?
Brookfield Finance Inc. 4.625% Subordinated Notes due October 16, 2080 (BNH) has an average correlation of about 0.185 with other NASDAQ stocks, based on 6,335 pairwise observations.
Is BNH positively correlated with other stocks?
Mostly yes — 71.5% of pairs are positive and 28.5% are negative. Strong positive correlations (≥0.7) make up 2.4%.
What is the most common correlation range for BNH?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 61.2% of all pairs.
Explore the full interactive correlation distribution for BNH.
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