FTAI Aviation Ltd. 9.500% Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (FTAIM) Correlation Distribution
Across 6,117 rolling correlation observations between FTAI Aviation Ltd. 9.500% Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (FTAIM) and other NASDAQ-listed stocks, 54.8% are positive and 45.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.061, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 22.1% and strong negative correlations (≤−0.7) for 17.1%.
- Total observations
- 6,117
- Mean correlation
- 0.061
- Most common range
- 0.7 to 0.8
- Positive pairs
- 54.8%
- Strong positive (≥0.7)
- 22.1%
- Sector
- Services-Miscellaneous Equipment Rental & Leasing
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 522 | 8.5% | |
| -0.8 to -0.7 | 522 | 8.5% | |
| -0.7 to -0.6 | 351 | 5.7% | |
| -0.6 to -0.5 | 350 | 5.7% | |
| -0.5 to -0.4 | 238 | 3.9% | |
| -0.4 to -0.3 | 238 | 3.9% | |
| -0.3 to -0.2 | 183 | 3.0% | |
| -0.2 to -0.1 | 182 | 3.0% | |
| -0.1 to 0.0 | 175 | 2.9% | |
| 0.0 to 0.1 | 174 | 2.8% | |
| 0.1 to 0.2 | 210 | 3.4% | |
| 0.2 to 0.3 | 210 | 3.4% | |
| 0.3 to 0.4 | 284 | 4.6% | |
| 0.4 to 0.5 | 284 | 4.6% | |
| 0.5 to 0.6 | 418 | 6.8% | |
| 0.6 to 0.7 | 417 | 6.8% | |
| 0.7 to 0.8 | 662 | 10.8% | |
| 0.8 to 0.9 | 662 | 10.8% | |
| 0.9 to 1.0 | 30 | 0.5% |
Frequently asked questions
What is the average correlation of FTAIM?
FTAI Aviation Ltd. 9.500% Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (FTAIM) has an average correlation of about 0.061 with other NASDAQ stocks, based on 6,117 pairwise observations.
Is FTAIM positively correlated with other stocks?
Mostly yes — 54.8% of pairs are positive and 45.2% are negative. Strong positive correlations (≥0.7) make up 22.1%.
What is the most common correlation range for FTAIM?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.5% of all pairs.
Explore the full interactive correlation distribution for FTAIM.
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