FS Credit Opportunities Corp. (FSCO) Correlation Distribution
Across 6,387 rolling correlation observations between FS Credit Opportunities Corp. (FSCO) and other NASDAQ-listed stocks, 50.5% are positive and 49.5% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is 0.011, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 22.2% and strong negative correlations (≤−0.7) for 20.6%.
- Total observations
- 6,387
- Mean correlation
- 0.011
- Most common range
- -0.9 to -0.8
- Positive pairs
- 50.5%
- Strong positive (≥0.7)
- 22.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 124 | 1.9% | |
| -0.9 to -0.8 | 595 | 9.3% | |
| -0.8 to -0.7 | 594 | 9.3% | |
| -0.7 to -0.6 | 390 | 6.1% | |
| -0.6 to -0.5 | 389 | 6.1% | |
| -0.5 to -0.4 | 237 | 3.7% | |
| -0.4 to -0.3 | 236 | 3.7% | |
| -0.3 to -0.2 | 202 | 3.2% | |
| -0.2 to -0.1 | 201 | 3.1% | |
| -0.1 to 0.0 | 191 | 3.0% | |
| 0.0 to 0.1 | 191 | 3.0% | |
| 0.1 to 0.2 | 203 | 3.2% | |
| 0.2 to 0.3 | 203 | 3.2% | |
| 0.3 to 0.4 | 265 | 4.1% | |
| 0.4 to 0.5 | 264 | 4.1% | |
| 0.5 to 0.6 | 344 | 5.4% | |
| 0.6 to 0.7 | 343 | 5.4% | |
| 0.7 to 0.8 | 577 | 9.0% | |
| 0.8 to 0.9 | 576 | 9.0% | |
| 0.9 to 1.0 | 262 | 4.1% |
Frequently asked questions
What is the average correlation of FSCO?
FS Credit Opportunities Corp. (FSCO) has an average correlation of about 0.011 with other NASDAQ stocks, based on 6,387 pairwise observations.
Is FSCO positively correlated with other stocks?
Mostly yes — 50.5% of pairs are positive and 49.5% are negative. Strong positive correlations (≥0.7) make up 22.2%.
What is the most common correlation range for FSCO?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 18.6% of all pairs.
Explore the full interactive correlation distribution for FSCO.
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