Brookfield Property Partners L.P. 5.750% Class A Cumulative Redeemable Perpetual Preferred Units, Series 3 (BPYPN) Correlation Distribution
Across 6,808 rolling correlation observations between Brookfield Property Partners L.P. 5.750% Class A Cumulative Redeemable Perpetual Preferred Units, Series 3 (BPYPN) and other NASDAQ-listed stocks, 69.9% are positive and 30.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.313, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 37.1% and strong negative correlations (≤−0.7) for 4.5%.
- Total observations
- 6,808
- Mean correlation
- 0.313
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.9%
- Strong positive (≥0.7)
- 37.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 154 | 2.3% | |
| -0.8 to -0.7 | 153 | 2.2% | |
| -0.7 to -0.6 | 292 | 4.3% | |
| -0.6 to -0.5 | 292 | 4.3% | |
| -0.5 to -0.4 | 238 | 3.5% | |
| -0.4 to -0.3 | 237 | 3.5% | |
| -0.3 to -0.2 | 228 | 3.3% | |
| -0.2 to -0.1 | 227 | 3.3% | |
| -0.1 to 0.0 | 228 | 3.3% | |
| 0.0 to 0.1 | 227 | 3.3% | |
| 0.1 to 0.2 | 224 | 3.3% | |
| 0.2 to 0.3 | 224 | 3.3% | |
| 0.3 to 0.4 | 276 | 4.1% | |
| 0.4 to 0.5 | 275 | 4.0% | |
| 0.5 to 0.6 | 504 | 7.4% | |
| 0.6 to 0.7 | 503 | 7.4% | |
| 0.7 to 0.8 | 1,018 | 15.0% | |
| 0.8 to 0.9 | 1,017 | 14.9% | |
| 0.9 to 1.0 | 491 | 7.2% |
Frequently asked questions
What is the average correlation of BPYPN?
Brookfield Property Partners L.P. 5.750% Class A Cumulative Redeemable Perpetual Preferred Units, Series 3 (BPYPN) has an average correlation of about 0.313 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is BPYPN positively correlated with other stocks?
Mostly yes — 69.9% of pairs are positive and 30.1% are negative. Strong positive correlations (≥0.7) make up 37.1%.
What is the most common correlation range for BPYPN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.9% of all pairs.
Explore the full interactive correlation distribution for BPYPN.
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