Eaton Vance Senior Floating-Rate Fund (EFR) Correlation Distribution
Across 6,809 rolling correlation observations between Eaton Vance Senior Floating-Rate Fund (EFR) and other NASDAQ-listed stocks, 78.6% are positive and 21.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.309, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 12.3% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- 0.309
- Most common range
- 0.5 to 0.6
- Positive pairs
- 78.6%
- Strong positive (≥0.7)
- 12.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 18 | 0.3% | |
| -0.8 to -0.7 | 17 | 0.2% | |
| -0.7 to -0.6 | 73 | 1.1% | |
| -0.6 to -0.5 | 73 | 1.1% | |
| -0.5 to -0.4 | 143 | 2.1% | |
| -0.4 to -0.3 | 143 | 2.1% | |
| -0.3 to -0.2 | 286 | 4.2% | |
| -0.2 to -0.1 | 286 | 4.2% | |
| -0.1 to 0.0 | 418 | 6.1% | |
| 0.0 to 0.1 | 417 | 6.1% | |
| 0.1 to 0.2 | 495 | 7.3% | |
| 0.2 to 0.3 | 495 | 7.3% | |
| 0.3 to 0.4 | 712 | 10.5% | |
| 0.4 to 0.5 | 712 | 10.5% | |
| 0.5 to 0.6 | 843 | 12.4% | |
| 0.6 to 0.7 | 842 | 12.4% | |
| 0.7 to 0.8 | 404 | 5.9% | |
| 0.8 to 0.9 | 403 | 5.9% | |
| 0.9 to 1.0 | 29 | 0.4% |
Frequently asked questions
What is the average correlation of EFR?
Eaton Vance Senior Floating-Rate Fund (EFR) has an average correlation of about 0.309 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EFR positively correlated with other stocks?
Mostly yes — 78.6% of pairs are positive and 21.4% are negative. Strong positive correlations (≥0.7) make up 12.3%.
What is the most common correlation range for EFR?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.2% of all pairs.
Explore the full interactive correlation distribution for EFR.
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