Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes (BNJ) Correlation Distribution
Across 6,335 rolling correlation observations between Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes (BNJ) and other NASDAQ-listed stocks, 73% are positive and 27% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.203, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,335
- Mean correlation
- 0.203
- Most common range
- 0.1 to 0.2
- Positive pairs
- 73%
- Strong positive (≥0.7)
- 4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 12 | 0.2% | |
| -0.6 to -0.5 | 11 | 0.2% | |
| -0.5 to -0.4 | 115 | 1.8% | |
| -0.4 to -0.3 | 115 | 1.8% | |
| -0.3 to -0.2 | 418 | 6.6% | |
| -0.2 to -0.1 | 418 | 6.6% | |
| -0.1 to 0.0 | 622 | 9.8% | |
| 0.0 to 0.1 | 622 | 9.8% | |
| 0.1 to 0.2 | 763 | 12.0% | |
| 0.2 to 0.3 | 762 | 12.0% | |
| 0.3 to 0.4 | 705 | 11.1% | |
| 0.4 to 0.5 | 705 | 11.1% | |
| 0.5 to 0.6 | 406 | 6.4% | |
| 0.6 to 0.7 | 405 | 6.4% | |
| 0.7 to 0.8 | 126 | 2.0% | |
| 0.8 to 0.9 | 126 | 2.0% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of BNJ?
Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes (BNJ) has an average correlation of about 0.203 with other NASDAQ stocks, based on 6,335 pairwise observations.
Is BNJ positively correlated with other stocks?
Mostly yes — 73% of pairs are positive and 27% are negative. Strong positive correlations (≥0.7) make up 4%.
What is the most common correlation range for BNJ?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 56.9% of all pairs.
Explore the full interactive correlation distribution for BNJ.
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