Templeton Emerging Markets Fund (EMF) Correlation Distribution
Across 6,809 rolling correlation observations between Templeton Emerging Markets Fund (EMF) and other NASDAQ-listed stocks, 68.9% are positive and 31.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.313, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 34.2% and strong negative correlations (≤−0.7) for 1.3%.
- Total observations
- 6,809
- Mean correlation
- 0.313
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.9%
- Strong positive (≥0.7)
- 34.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 42 | 0.6% | |
| -0.8 to -0.7 | 42 | 0.6% | |
| -0.7 to -0.6 | 227 | 3.3% | |
| -0.6 to -0.5 | 227 | 3.3% | |
| -0.5 to -0.4 | 333 | 4.9% | |
| -0.4 to -0.3 | 332 | 4.9% | |
| -0.3 to -0.2 | 329 | 4.8% | |
| -0.2 to -0.1 | 329 | 4.8% | |
| -0.1 to 0.0 | 254 | 3.7% | |
| 0.0 to 0.1 | 254 | 3.7% | |
| 0.1 to 0.2 | 258 | 3.8% | |
| 0.2 to 0.3 | 257 | 3.8% | |
| 0.3 to 0.4 | 340 | 5.0% | |
| 0.4 to 0.5 | 340 | 5.0% | |
| 0.5 to 0.6 | 458 | 6.7% | |
| 0.6 to 0.7 | 458 | 6.7% | |
| 0.7 to 0.8 | 882 | 13.0% | |
| 0.8 to 0.9 | 882 | 13.0% | |
| 0.9 to 1.0 | 562 | 8.3% |
Frequently asked questions
What is the average correlation of EMF?
Templeton Emerging Markets Fund (EMF) has an average correlation of about 0.313 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EMF positively correlated with other stocks?
Mostly yes — 68.9% of pairs are positive and 31.1% are negative. Strong positive correlations (≥0.7) make up 34.2%.
What is the most common correlation range for EMF?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.
Explore the full interactive correlation distribution for EMF.
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