Blackstone Mortgage Trust, Inc. (NEW) (BXMT) Correlation Distribution
Across 6,809 rolling correlation observations between Blackstone Mortgage Trust, Inc. (NEW) (BXMT) and other NASDAQ-listed stocks, 70.1% are positive and 29.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.275, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.3% and strong negative correlations (≤−0.7) for 4.1%.
- Total observations
- 6,809
- Mean correlation
- 0.275
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.1%
- Strong positive (≥0.7)
- 27.3%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 138 | 2.0% | |
| -0.8 to -0.7 | 138 | 2.0% | |
| -0.7 to -0.6 | 307 | 4.5% | |
| -0.6 to -0.5 | 306 | 4.5% | |
| -0.5 to -0.4 | 253 | 3.7% | |
| -0.4 to -0.3 | 253 | 3.7% | |
| -0.3 to -0.2 | 210 | 3.1% | |
| -0.2 to -0.1 | 210 | 3.1% | |
| -0.1 to 0.0 | 219 | 3.2% | |
| 0.0 to 0.1 | 218 | 3.2% | |
| 0.1 to 0.2 | 273 | 4.0% | |
| 0.2 to 0.3 | 272 | 4.0% | |
| 0.3 to 0.4 | 383 | 5.6% | |
| 0.4 to 0.5 | 382 | 5.6% | |
| 0.5 to 0.6 | 693 | 10.2% | |
| 0.6 to 0.7 | 693 | 10.2% | |
| 0.7 to 0.8 | 877 | 12.9% | |
| 0.8 to 0.9 | 876 | 12.9% | |
| 0.9 to 1.0 | 106 | 1.6% |
Frequently asked questions
What is the average correlation of BXMT?
Blackstone Mortgage Trust, Inc. (NEW) (BXMT) has an average correlation of about 0.275 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BXMT positively correlated with other stocks?
Mostly yes — 70.1% of pairs are positive and 29.9% are negative. Strong positive correlations (≥0.7) make up 27.3%.
What is the most common correlation range for BXMT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.6% of all pairs.
Explore the full interactive correlation distribution for BXMT.
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