Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) Correlation Distribution
Across 6,804 rolling correlation observations between Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) and other NASDAQ-listed stocks, 71.8% are positive and 28.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.341, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 39.9% and strong negative correlations (≤−0.7) for 3.6%.
- Total observations
- 6,804
- Mean correlation
- 0.341
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.8%
- Strong positive (≥0.7)
- 39.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 120 | 1.8% | |
| -0.8 to -0.7 | 120 | 1.8% | |
| -0.7 to -0.6 | 218 | 3.2% | |
| -0.6 to -0.5 | 218 | 3.2% | |
| -0.5 to -0.4 | 278 | 4.1% | |
| -0.4 to -0.3 | 277 | 4.1% | |
| -0.3 to -0.2 | 231 | 3.4% | |
| -0.2 to -0.1 | 231 | 3.4% | |
| -0.1 to 0.0 | 222 | 3.3% | |
| 0.0 to 0.1 | 222 | 3.3% | |
| 0.1 to 0.2 | 249 | 3.7% | |
| 0.2 to 0.3 | 248 | 3.6% | |
| 0.3 to 0.4 | 301 | 4.4% | |
| 0.4 to 0.5 | 300 | 4.4% | |
| 0.5 to 0.6 | 425 | 6.2% | |
| 0.6 to 0.7 | 424 | 6.2% | |
| 0.7 to 0.8 | 1,123 | 16.5% | |
| 0.8 to 0.9 | 1,123 | 16.5% | |
| 0.9 to 1.0 | 471 | 6.9% |
Frequently asked questions
What is the average correlation of BPYPM?
Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) has an average correlation of about 0.341 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is BPYPM positively correlated with other stocks?
Mostly yes — 71.8% of pairs are positive and 28.2% are negative. Strong positive correlations (≥0.7) make up 39.9%.
What is the most common correlation range for BPYPM?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.6% of all pairs.
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