Gladstone Investment Corporation 4.875% Notes due 2028 (GAINZ) Correlation Distribution
Across 6,738 rolling correlation observations between Gladstone Investment Corporation 4.875% Notes due 2028 (GAINZ) and other NASDAQ-listed stocks, 73% are positive and 27% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.335, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 30.1% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,738
- Mean correlation
- 0.335
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73%
- Strong positive (≥0.7)
- 30.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 13 | 0.2% | |
| -0.8 to -0.7 | 12 | 0.2% | |
| -0.7 to -0.6 | 125 | 1.9% | |
| -0.6 to -0.5 | 124 | 1.8% | |
| -0.5 to -0.4 | 257 | 3.8% | |
| -0.4 to -0.3 | 256 | 3.8% | |
| -0.3 to -0.2 | 366 | 5.4% | |
| -0.2 to -0.1 | 365 | 5.4% | |
| -0.1 to 0.0 | 301 | 4.5% | |
| 0.0 to 0.1 | 300 | 4.5% | |
| 0.1 to 0.2 | 312 | 4.6% | |
| 0.2 to 0.3 | 312 | 4.6% | |
| 0.3 to 0.4 | 380 | 5.6% | |
| 0.4 to 0.5 | 380 | 5.6% | |
| 0.5 to 0.6 | 603 | 8.9% | |
| 0.6 to 0.7 | 602 | 8.9% | |
| 0.7 to 0.8 | 998 | 14.8% | |
| 0.8 to 0.9 | 998 | 14.8% | |
| 0.9 to 1.0 | 34 | 0.5% |
Frequently asked questions
What is the average correlation of GAINZ?
Gladstone Investment Corporation 4.875% Notes due 2028 (GAINZ) has an average correlation of about 0.335 with other NASDAQ stocks, based on 6,738 pairwise observations.
Is GAINZ positively correlated with other stocks?
Mostly yes — 73% of pairs are positive and 27% are negative. Strong positive correlations (≥0.7) make up 30.1%.
What is the most common correlation range for GAINZ?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 29% of all pairs.
Explore the full interactive correlation distribution for GAINZ.
Open interactive dashboard →