Crescent Capital BDC, Inc. 5.00% Notes due 2026 (FCRX) Correlation Distribution
Across 6,760 rolling correlation observations between Crescent Capital BDC, Inc. 5.00% Notes due 2026 (FCRX) and other NASDAQ-listed stocks, 77.6% are positive and 22.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.321, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 19.7% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,760
- Mean correlation
- 0.321
- Most common range
- 0.5 to 0.6
- Positive pairs
- 77.6%
- Strong positive (≥0.7)
- 19.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 58 | 0.9% | |
| -0.8 to -0.7 | 57 | 0.8% | |
| -0.7 to -0.6 | 128 | 1.9% | |
| -0.6 to -0.5 | 128 | 1.9% | |
| -0.5 to -0.4 | 182 | 2.7% | |
| -0.4 to -0.3 | 182 | 2.7% | |
| -0.3 to -0.2 | 219 | 3.2% | |
| -0.2 to -0.1 | 218 | 3.2% | |
| -0.1 to 0.0 | 341 | 5.0% | |
| 0.0 to 0.1 | 341 | 5.0% | |
| 0.1 to 0.2 | 437 | 6.5% | |
| 0.2 to 0.3 | 437 | 6.5% | |
| 0.3 to 0.4 | 554 | 8.2% | |
| 0.4 to 0.5 | 554 | 8.2% | |
| 0.5 to 0.6 | 795 | 11.8% | |
| 0.6 to 0.7 | 794 | 11.7% | |
| 0.7 to 0.8 | 628 | 9.3% | |
| 0.8 to 0.9 | 628 | 9.3% | |
| 0.9 to 1.0 | 77 | 1.1% |
Frequently asked questions
What is the average correlation of FCRX?
Crescent Capital BDC, Inc. 5.00% Notes due 2026 (FCRX) has an average correlation of about 0.321 with other NASDAQ stocks, based on 6,760 pairwise observations.
Is FCRX positively correlated with other stocks?
Mostly yes — 77.6% of pairs are positive and 22.4% are negative. Strong positive correlations (≥0.7) make up 19.7%.
What is the most common correlation range for FCRX?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.5% of all pairs.
Explore the full interactive correlation distribution for FCRX.
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