Entergy Arkansas, LLC First Mortgage Bonds, 4.875% Series due September 1, 2066 (EAI) Correlation Distribution
Across 6,809 rolling correlation observations between Entergy Arkansas, LLC First Mortgage Bonds, 4.875% Series due September 1, 2066 (EAI) and other NASDAQ-listed stocks, 67.1% are positive and 32.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.246, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 30.2% and strong negative correlations (≤−0.7) for 5.4%.
- Total observations
- 6,809
- Mean correlation
- 0.246
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.1%
- Strong positive (≥0.7)
- 30.2%
- Sector
- Electric Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 182 | 2.7% | |
| -0.8 to -0.7 | 182 | 2.7% | |
| -0.7 to -0.6 | 335 | 4.9% | |
| -0.6 to -0.5 | 335 | 4.9% | |
| -0.5 to -0.4 | 258 | 3.8% | |
| -0.4 to -0.3 | 258 | 3.8% | |
| -0.3 to -0.2 | 224 | 3.3% | |
| -0.2 to -0.1 | 224 | 3.3% | |
| -0.1 to 0.0 | 239 | 3.5% | |
| 0.0 to 0.1 | 239 | 3.5% | |
| 0.1 to 0.2 | 287 | 4.2% | |
| 0.2 to 0.3 | 286 | 4.2% | |
| 0.3 to 0.4 | 329 | 4.8% | |
| 0.4 to 0.5 | 329 | 4.8% | |
| 0.5 to 0.6 | 524 | 7.7% | |
| 0.6 to 0.7 | 523 | 7.7% | |
| 0.7 to 0.8 | 972 | 14.3% | |
| 0.8 to 0.9 | 971 | 14.3% | |
| 0.9 to 1.0 | 111 | 1.6% |
Frequently asked questions
What is the average correlation of EAI?
Entergy Arkansas, LLC First Mortgage Bonds, 4.875% Series due September 1, 2066 (EAI) has an average correlation of about 0.246 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EAI positively correlated with other stocks?
Mostly yes — 67.1% of pairs are positive and 32.9% are negative. Strong positive correlations (≥0.7) make up 30.2%.
What is the most common correlation range for EAI?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22% of all pairs.
Explore the full interactive correlation distribution for EAI.
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