Blackstone Senior Floating Rate 2027 Term Fund (BSL) Correlation Distribution
Across 6,809 rolling correlation observations between Blackstone Senior Floating Rate 2027 Term Fund (BSL) and other NASDAQ-listed stocks, 77.5% are positive and 22.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.323, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 19% and strong negative correlations (≤−0.7) for 1.5%.
- Total observations
- 6,809
- Mean correlation
- 0.323
- Most common range
- 0.5 to 0.6
- Positive pairs
- 77.5%
- Strong positive (≥0.7)
- 19%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 49 | 0.7% | |
| -0.8 to -0.7 | 48 | 0.7% | |
| -0.7 to -0.6 | 102 | 1.5% | |
| -0.6 to -0.5 | 102 | 1.5% | |
| -0.5 to -0.4 | 160 | 2.3% | |
| -0.4 to -0.3 | 159 | 2.3% | |
| -0.3 to -0.2 | 273 | 4.0% | |
| -0.2 to -0.1 | 272 | 4.0% | |
| -0.1 to 0.0 | 367 | 5.4% | |
| 0.0 to 0.1 | 366 | 5.4% | |
| 0.1 to 0.2 | 416 | 6.1% | |
| 0.2 to 0.3 | 416 | 6.1% | |
| 0.3 to 0.4 | 616 | 9.0% | |
| 0.4 to 0.5 | 615 | 9.0% | |
| 0.5 to 0.6 | 776 | 11.4% | |
| 0.6 to 0.7 | 776 | 11.4% | |
| 0.7 to 0.8 | 594 | 8.7% | |
| 0.8 to 0.9 | 594 | 8.7% | |
| 0.9 to 1.0 | 106 | 1.6% |
Frequently asked questions
What is the average correlation of BSL?
Blackstone Senior Floating Rate 2027 Term Fund (BSL) has an average correlation of about 0.323 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BSL positively correlated with other stocks?
Mostly yes — 77.5% of pairs are positive and 22.5% are negative. Strong positive correlations (≥0.7) make up 19%.
What is the most common correlation range for BSL?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 31% of all pairs.
Explore the full interactive correlation distribution for BSL.
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