Carlyle Credit Income Fund Shares of Beneficial Interest (CCIF) Correlation Distribution
Across 5,896 rolling correlation observations between Carlyle Credit Income Fund Shares of Beneficial Interest (CCIF) and other NASDAQ-listed stocks, 62.2% are positive and 37.8% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.107, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.5% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 5,896
- Mean correlation
- 0.107
- Most common range
- 0.1 to 0.2
- Positive pairs
- 62.2%
- Strong positive (≥0.7)
- 3.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 33 | 0.6% | |
| -0.8 to -0.7 | 33 | 0.6% | |
| -0.7 to -0.6 | 159 | 2.7% | |
| -0.6 to -0.5 | 158 | 2.7% | |
| -0.5 to -0.4 | 294 | 5.0% | |
| -0.4 to -0.3 | 294 | 5.0% | |
| -0.3 to -0.2 | 387 | 6.6% | |
| -0.2 to -0.1 | 386 | 6.5% | |
| -0.1 to 0.0 | 486 | 8.2% | |
| 0.0 to 0.1 | 485 | 8.2% | |
| 0.1 to 0.2 | 596 | 10.1% | |
| 0.2 to 0.3 | 595 | 10.1% | |
| 0.3 to 0.4 | 522 | 8.9% | |
| 0.4 to 0.5 | 522 | 8.9% | |
| 0.5 to 0.6 | 370 | 6.3% | |
| 0.6 to 0.7 | 370 | 6.3% | |
| 0.7 to 0.8 | 103 | 1.7% | |
| 0.8 to 0.9 | 103 | 1.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CCIF?
Carlyle Credit Income Fund Shares of Beneficial Interest (CCIF) has an average correlation of about 0.107 with other NASDAQ stocks, based on 5,896 pairwise observations.
Is CCIF positively correlated with other stocks?
Mostly yes — 62.2% of pairs are positive and 37.8% are negative. Strong positive correlations (≥0.7) make up 3.5%.
What is the most common correlation range for CCIF?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 49.8% of all pairs.
Explore the full interactive correlation distribution for CCIF.
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