Banco Santander-Chile (BSAC) Correlation Distribution
Across 6,809 rolling correlation observations between Banco Santander-Chile (BSAC) and other NASDAQ-listed stocks, 70.9% are positive and 29.1% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.148, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 0.7% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,809
- Mean correlation
- 0.148
- Most common range
- 0.1 to 0.2
- Positive pairs
- 70.9%
- Strong positive (≥0.7)
- 0.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 20 | 0.3% | |
| -0.8 to -0.7 | 19 | 0.3% | |
| -0.7 to -0.6 | 82 | 1.2% | |
| -0.6 to -0.5 | 82 | 1.2% | |
| -0.5 to -0.4 | 156 | 2.3% | |
| -0.4 to -0.3 | 156 | 2.3% | |
| -0.3 to -0.2 | 348 | 5.1% | |
| -0.2 to -0.1 | 347 | 5.1% | |
| -0.1 to 0.0 | 773 | 11.4% | |
| 0.0 to 0.1 | 773 | 11.4% | |
| 0.1 to 0.2 | 900 | 13.2% | |
| 0.2 to 0.3 | 899 | 13.2% | |
| 0.3 to 0.4 | 806 | 11.8% | |
| 0.4 to 0.5 | 806 | 11.8% | |
| 0.5 to 0.6 | 297 | 4.4% | |
| 0.6 to 0.7 | 297 | 4.4% | |
| 0.7 to 0.8 | 24 | 0.4% | |
| 0.8 to 0.9 | 24 | 0.4% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BSAC?
Banco Santander-Chile (BSAC) has an average correlation of about 0.148 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BSAC positively correlated with other stocks?
Mostly yes — 70.9% of pairs are positive and 29.1% are negative. Strong positive correlations (≥0.7) make up 0.7%.
What is the most common correlation range for BSAC?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 59.3% of all pairs.
Explore the full interactive correlation distribution for BSAC.
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