Eaton Vance Enhanced Equity Income Fund (EOI) Correlation Distribution
Across 6,809 rolling correlation observations between Eaton Vance Enhanced Equity Income Fund (EOI) and other NASDAQ-listed stocks, 65.9% are positive and 34.1% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.187, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.3% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,809
- Mean correlation
- 0.187
- Most common range
- -0.1 to 0.0
- Positive pairs
- 65.9%
- Strong positive (≥0.7)
- 10.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 38 | 0.6% | |
| -0.8 to -0.7 | 37 | 0.5% | |
| -0.7 to -0.6 | 105 | 1.5% | |
| -0.6 to -0.5 | 104 | 1.5% | |
| -0.5 to -0.4 | 235 | 3.5% | |
| -0.4 to -0.3 | 235 | 3.5% | |
| -0.3 to -0.2 | 486 | 7.1% | |
| -0.2 to -0.1 | 485 | 7.1% | |
| -0.1 to 0.0 | 595 | 8.7% | |
| 0.0 to 0.1 | 595 | 8.7% | |
| 0.1 to 0.2 | 562 | 8.3% | |
| 0.2 to 0.3 | 561 | 8.2% | |
| 0.3 to 0.4 | 467 | 6.9% | |
| 0.4 to 0.5 | 466 | 6.8% | |
| 0.5 to 0.6 | 569 | 8.4% | |
| 0.6 to 0.7 | 568 | 8.3% | |
| 0.7 to 0.8 | 336 | 4.9% | |
| 0.8 to 0.9 | 335 | 4.9% | |
| 0.9 to 1.0 | 28 | 0.4% |
Frequently asked questions
What is the average correlation of EOI?
Eaton Vance Enhanced Equity Income Fund (EOI) has an average correlation of about 0.187 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EOI positively correlated with other stocks?
Mostly yes — 65.9% of pairs are positive and 34.1% are negative. Strong positive correlations (≥0.7) make up 10.3%.
What is the most common correlation range for EOI?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 48.2% of all pairs.
Explore the full interactive correlation distribution for EOI.
Open interactive dashboard →