BRP (BRP) Correlation Distribution
Across 6,654 rolling correlation observations between BRP (BRP) and other NASDAQ-listed stocks, 80.3% are positive and 19.7% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.262, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,654
- Mean correlation
- 0.262
- Most common range
- 0.3 to 0.4
- Positive pairs
- 80.3%
- Strong positive (≥0.7)
- 2.2%
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 | 25 | 0.4% | |
| -0.6 to -0.5 | 25 | 0.4% | |
| -0.5 to -0.4 | 105 | 1.6% | |
| -0.4 to -0.3 | 105 | 1.6% | |
| -0.3 to -0.2 | 271 | 4.1% | |
| -0.2 to -0.1 | 271 | 4.1% | |
| -0.1 to 0.0 | 509 | 7.6% | |
| 0.0 to 0.1 | 509 | 7.6% | |
| 0.1 to 0.2 | 704 | 10.6% | |
| 0.2 to 0.3 | 704 | 10.6% | |
| 0.3 to 0.4 | 991 | 14.9% | |
| 0.4 to 0.5 | 991 | 14.9% | |
| 0.5 to 0.6 | 649 | 9.8% | |
| 0.6 to 0.7 | 649 | 9.8% | |
| 0.7 to 0.8 | 72 | 1.1% | |
| 0.8 to 0.9 | 72 | 1.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BRP?
BRP (BRP) has an average correlation of about 0.262 with other NASDAQ stocks, based on 6,654 pairwise observations.
Is BRP positively correlated with other stocks?
Mostly yes — 80.3% of pairs are positive and 19.7% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for BRP?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 44.6% of all pairs.
Explore the full interactive correlation distribution for BRP.
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