Bentley Systems, Incorporated Class B Common Stock (BSY) Correlation Distribution
Across 6,808 rolling correlation observations between Bentley Systems, Incorporated Class B Common Stock (BSY) and other NASDAQ-listed stocks, 73.8% are positive and 26.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.159, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.9% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,808
- Mean correlation
- 0.159
- Most common range
- 0.1 to 0.2
- Positive pairs
- 73.8%
- Strong positive (≥0.7)
- 1.9%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 24 | 0.4% | |
| -0.8 to -0.7 | 24 | 0.4% | |
| -0.7 to -0.6 | 100 | 1.5% | |
| -0.6 to -0.5 | 100 | 1.5% | |
| -0.5 to -0.4 | 146 | 2.1% | |
| -0.4 to -0.3 | 145 | 2.1% | |
| -0.3 to -0.2 | 283 | 4.2% | |
| -0.2 to -0.1 | 282 | 4.1% | |
| -0.1 to 0.0 | 677 | 9.9% | |
| 0.0 to 0.1 | 676 | 9.9% | |
| 0.1 to 0.2 | 1,089 | 16.0% | |
| 0.2 to 0.3 | 1,088 | 16.0% | |
| 0.3 to 0.4 | 745 | 10.9% | |
| 0.4 to 0.5 | 745 | 10.9% | |
| 0.5 to 0.6 | 278 | 4.1% | |
| 0.6 to 0.7 | 278 | 4.1% | |
| 0.7 to 0.8 | 64 | 0.9% | |
| 0.8 to 0.9 | 64 | 0.9% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BSY?
Bentley Systems, Incorporated Class B Common Stock (BSY) has an average correlation of about 0.159 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is BSY positively correlated with other stocks?
Mostly yes — 73.8% of pairs are positive and 26.2% are negative. Strong positive correlations (≥0.7) make up 1.9%.
What is the most common correlation range for BSY?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 60.1% of all pairs.
Explore the full interactive correlation distribution for BSY.
Open interactive dashboard →