Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) Correlation Distribution
Across 6,809 rolling correlation observations between Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) and other NASDAQ-listed stocks, 66.4% are positive and 33.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.234, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 28.5% and strong negative correlations (≤−0.7) for 5.4%.
- Total observations
- 6,809
- Mean correlation
- 0.234
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.4%
- Strong positive (≥0.7)
- 28.5%
- Sector
- Electric Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 184 | 2.7% | |
| -0.8 to -0.7 | 183 | 2.7% | |
| -0.7 to -0.6 | 331 | 4.9% | |
| -0.6 to -0.5 | 331 | 4.9% | |
| -0.5 to -0.4 | 286 | 4.2% | |
| -0.4 to -0.3 | 285 | 4.2% | |
| -0.3 to -0.2 | 230 | 3.4% | |
| -0.2 to -0.1 | 230 | 3.4% | |
| -0.1 to 0.0 | 228 | 3.3% | |
| 0.0 to 0.1 | 227 | 3.3% | |
| 0.1 to 0.2 | 296 | 4.3% | |
| 0.2 to 0.3 | 296 | 4.3% | |
| 0.3 to 0.4 | 335 | 4.9% | |
| 0.4 to 0.5 | 335 | 4.9% | |
| 0.5 to 0.6 | 547 | 8.0% | |
| 0.6 to 0.7 | 547 | 8.0% | |
| 0.7 to 0.8 | 936 | 13.7% | |
| 0.8 to 0.9 | 935 | 13.7% | |
| 0.9 to 1.0 | 67 | 1.0% |
Frequently asked questions
What is the average correlation of EMP?
Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) has an average correlation of about 0.234 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EMP positively correlated with other stocks?
Mostly yes — 66.4% of pairs are positive and 33.6% are negative. Strong positive correlations (≥0.7) make up 28.5%.
What is the most common correlation range for EMP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.1% of all pairs.
Explore the full interactive correlation distribution for EMP.
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