Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest (FTF) Correlation Distribution
Across 6,809 rolling correlation observations between Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest (FTF) and other NASDAQ-listed stocks, 67.7% are positive and 32.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.305, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 37.8% and strong negative correlations (≤−0.7) for 3.7%.
- Total observations
- 6,809
- Mean correlation
- 0.305
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.7%
- Strong positive (≥0.7)
- 37.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 7 | 0.1% | |
| -0.9 to -0.8 | 123 | 1.8% | |
| -0.8 to -0.7 | 123 | 1.8% | |
| -0.7 to -0.6 | 296 | 4.3% | |
| -0.6 to -0.5 | 295 | 4.3% | |
| -0.5 to -0.4 | 307 | 4.5% | |
| -0.4 to -0.3 | 306 | 4.5% | |
| -0.3 to -0.2 | 267 | 3.9% | |
| -0.2 to -0.1 | 267 | 3.9% | |
| -0.1 to 0.0 | 210 | 3.1% | |
| 0.0 to 0.1 | 209 | 3.1% | |
| 0.1 to 0.2 | 229 | 3.4% | |
| 0.2 to 0.3 | 228 | 3.3% | |
| 0.3 to 0.4 | 279 | 4.1% | |
| 0.4 to 0.5 | 279 | 4.1% | |
| 0.5 to 0.6 | 404 | 5.9% | |
| 0.6 to 0.7 | 404 | 5.9% | |
| 0.7 to 0.8 | 860 | 12.6% | |
| 0.8 to 0.9 | 859 | 12.6% | |
| 0.9 to 1.0 | 857 | 12.6% |
Frequently asked questions
What is the average correlation of FTF?
Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest (FTF) has an average correlation of about 0.305 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is FTF positively correlated with other stocks?
Mostly yes — 67.7% of pairs are positive and 32.3% are negative. Strong positive correlations (≥0.7) make up 37.8%.
What is the most common correlation range for FTF?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.7% of all pairs.
Explore the full interactive correlation distribution for FTF.
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