Brenmiller Energy Ltd Ordinary Shares (BNRG) Correlation Distribution
Across 6,683 rolling correlation observations between Brenmiller Energy Ltd Ordinary Shares (BNRG) and other NASDAQ-listed stocks, 56.3% are positive and 43.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.108, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 25% and strong negative correlations (≤−0.7) for 12.2%.
- Total observations
- 6,683
- Mean correlation
- 0.108
- Most common range
- 0.7 to 0.8
- Positive pairs
- 56.3%
- Strong positive (≥0.7)
- 25%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 38 | 0.6% | |
| -0.9 to -0.8 | 388 | 5.8% | |
| -0.8 to -0.7 | 387 | 5.8% | |
| -0.7 to -0.6 | 411 | 6.1% | |
| -0.6 to -0.5 | 410 | 6.1% | |
| -0.5 to -0.4 | 281 | 4.2% | |
| -0.4 to -0.3 | 281 | 4.2% | |
| -0.3 to -0.2 | 242 | 3.6% | |
| -0.2 to -0.1 | 242 | 3.6% | |
| -0.1 to 0.0 | 238 | 3.6% | |
| 0.0 to 0.1 | 238 | 3.6% | |
| 0.1 to 0.2 | 251 | 3.8% | |
| 0.2 to 0.3 | 251 | 3.8% | |
| 0.3 to 0.4 | 291 | 4.4% | |
| 0.4 to 0.5 | 291 | 4.4% | |
| 0.5 to 0.6 | 387 | 5.8% | |
| 0.6 to 0.7 | 386 | 5.8% | |
| 0.7 to 0.8 | 636 | 9.5% | |
| 0.8 to 0.9 | 636 | 9.5% | |
| 0.9 to 1.0 | 398 | 6.0% |
Frequently asked questions
What is the average correlation of BNRG?
Brenmiller Energy Ltd Ordinary Shares (BNRG) has an average correlation of about 0.108 with other NASDAQ stocks, based on 6,683 pairwise observations.
Is BNRG positively correlated with other stocks?
Mostly yes — 56.3% of pairs are positive and 43.7% are negative. Strong positive correlations (≥0.7) make up 25%.
What is the most common correlation range for BNRG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.9% of all pairs.
Explore the full interactive correlation distribution for BNRG.
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