DTF Tax-Free Income 2028 Term Fund Inc. (DTF) Correlation Distribution
Across 6,807 rolling correlation observations between DTF Tax-Free Income 2028 Term Fund Inc. (DTF) and other NASDAQ-listed stocks, 67% are positive and 33% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.288, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 37.8% and strong negative correlations (≤−0.7) for 5.8%.
- Total observations
- 6,807
- Mean correlation
- 0.288
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67%
- Strong positive (≥0.7)
- 37.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 11 | 0.2% | |
| -0.9 to -0.8 | 193 | 2.8% | |
| -0.8 to -0.7 | 193 | 2.8% | |
| -0.7 to -0.6 | 315 | 4.6% | |
| -0.6 to -0.5 | 315 | 4.6% | |
| -0.5 to -0.4 | 269 | 4.0% | |
| -0.4 to -0.3 | 268 | 3.9% | |
| -0.3 to -0.2 | 234 | 3.4% | |
| -0.2 to -0.1 | 234 | 3.4% | |
| -0.1 to 0.0 | 215 | 3.2% | |
| 0.0 to 0.1 | 214 | 3.1% | |
| 0.1 to 0.2 | 208 | 3.1% | |
| 0.2 to 0.3 | 208 | 3.1% | |
| 0.3 to 0.4 | 284 | 4.2% | |
| 0.4 to 0.5 | 284 | 4.2% | |
| 0.5 to 0.6 | 395 | 5.8% | |
| 0.6 to 0.7 | 394 | 5.8% | |
| 0.7 to 0.8 | 881 | 12.9% | |
| 0.8 to 0.9 | 881 | 12.9% | |
| 0.9 to 1.0 | 811 | 11.9% |
Frequently asked questions
What is the average correlation of DTF?
DTF Tax-Free Income 2028 Term Fund Inc. (DTF) has an average correlation of about 0.288 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is DTF positively correlated with other stocks?
Mostly yes — 67% of pairs are positive and 33% are negative. Strong positive correlations (≥0.7) make up 37.8%.
What is the most common correlation range for DTF?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.3% of all pairs.
Explore the full interactive correlation distribution for DTF.
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