Gladstone Investment Corporation 5.00% Notes Due 2026 (GAINN) Correlation Distribution
Across 6,790 rolling correlation observations between Gladstone Investment Corporation 5.00% Notes Due 2026 (GAINN) and other NASDAQ-listed stocks, 75% are positive and 25% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.332, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 27.9% and strong negative correlations (≤−0.7) for 2.6%.
- Total observations
- 6,790
- Mean correlation
- 0.332
- Most common range
- 0.7 to 0.8
- Positive pairs
- 75%
- Strong positive (≥0.7)
- 27.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 86 | 1.3% | |
| -0.8 to -0.7 | 86 | 1.3% | |
| -0.7 to -0.6 | 163 | 2.4% | |
| -0.6 to -0.5 | 162 | 2.4% | |
| -0.5 to -0.4 | 202 | 3.0% | |
| -0.4 to -0.3 | 201 | 3.0% | |
| -0.3 to -0.2 | 249 | 3.7% | |
| -0.2 to -0.1 | 249 | 3.7% | |
| -0.1 to 0.0 | 293 | 4.3% | |
| 0.0 to 0.1 | 293 | 4.3% | |
| 0.1 to 0.2 | 323 | 4.8% | |
| 0.2 to 0.3 | 322 | 4.7% | |
| 0.3 to 0.4 | 434 | 6.4% | |
| 0.4 to 0.5 | 433 | 6.4% | |
| 0.5 to 0.6 | 698 | 10.3% | |
| 0.6 to 0.7 | 697 | 10.3% | |
| 0.7 to 0.8 | 862 | 12.7% | |
| 0.8 to 0.9 | 861 | 12.7% | |
| 0.9 to 1.0 | 170 | 2.5% |
Frequently asked questions
What is the average correlation of GAINN?
Gladstone Investment Corporation 5.00% Notes Due 2026 (GAINN) has an average correlation of about 0.332 with other NASDAQ stocks, based on 6,790 pairwise observations.
Is GAINN positively correlated with other stocks?
Mostly yes — 75% of pairs are positive and 25% are negative. Strong positive correlations (≥0.7) make up 27.9%.
What is the most common correlation range for GAINN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.5% of all pairs.
Explore the full interactive correlation distribution for GAINN.
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