Eagle Point Credit Company Inc. 5.375% Notes due 2029 (ECCV) Correlation Distribution
Across 6,747 rolling correlation observations between Eagle Point Credit Company Inc. 5.375% Notes due 2029 (ECCV) and other NASDAQ-listed stocks, 75.3% are positive and 24.7% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.254, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.7% and strong negative correlations (≤−0.7) for 0.9%.
- Total observations
- 6,747
- Mean correlation
- 0.254
- Most common range
- 0.3 to 0.4
- Positive pairs
- 75.3%
- Strong positive (≥0.7)
- 11.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 29 | 0.4% | |
| -0.8 to -0.7 | 28 | 0.4% | |
| -0.7 to -0.6 | 123 | 1.8% | |
| -0.6 to -0.5 | 122 | 1.8% | |
| -0.5 to -0.4 | 199 | 2.9% | |
| -0.4 to -0.3 | 199 | 2.9% | |
| -0.3 to -0.2 | 275 | 4.1% | |
| -0.2 to -0.1 | 275 | 4.1% | |
| -0.1 to 0.0 | 414 | 6.1% | |
| 0.0 to 0.1 | 414 | 6.1% | |
| 0.1 to 0.2 | 603 | 8.9% | |
| 0.2 to 0.3 | 602 | 8.9% | |
| 0.3 to 0.4 | 758 | 11.2% | |
| 0.4 to 0.5 | 757 | 11.2% | |
| 0.5 to 0.6 | 581 | 8.6% | |
| 0.6 to 0.7 | 580 | 8.6% | |
| 0.7 to 0.8 | 383 | 5.7% | |
| 0.8 to 0.9 | 382 | 5.7% | |
| 0.9 to 1.0 | 22 | 0.3% |
Frequently asked questions
What is the average correlation of ECCV?
Eagle Point Credit Company Inc. 5.375% Notes due 2029 (ECCV) has an average correlation of about 0.254 with other NASDAQ stocks, based on 6,747 pairwise observations.
Is ECCV positively correlated with other stocks?
Mostly yes — 75.3% of pairs are positive and 24.7% are negative. Strong positive correlations (≥0.7) make up 11.7%.
What is the most common correlation range for ECCV?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 38.3% of all pairs.
Explore the full interactive correlation distribution for ECCV.
Open interactive dashboard →