Horizon Technology Finance Corporation 4.875% Notes due 2026 (HTFB) Correlation Distribution
Across 6,454 rolling correlation observations between Horizon Technology Finance Corporation 4.875% Notes due 2026 (HTFB) and other NASDAQ-listed stocks, 75.3% are positive and 24.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.342, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 27.5% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,454
- Mean correlation
- 0.342
- Most common range
- 0.7 to 0.8
- Positive pairs
- 75.3%
- Strong positive (≥0.7)
- 27.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 38 | 0.6% | |
| -0.8 to -0.7 | 37 | 0.6% | |
| -0.7 to -0.6 | 148 | 2.3% | |
| -0.6 to -0.5 | 148 | 2.3% | |
| -0.5 to -0.4 | 206 | 3.2% | |
| -0.4 to -0.3 | 205 | 3.2% | |
| -0.3 to -0.2 | 269 | 4.2% | |
| -0.2 to -0.1 | 269 | 4.2% | |
| -0.1 to 0.0 | 275 | 4.3% | |
| 0.0 to 0.1 | 274 | 4.2% | |
| 0.1 to 0.2 | 283 | 4.4% | |
| 0.2 to 0.3 | 282 | 4.4% | |
| 0.3 to 0.4 | 411 | 6.4% | |
| 0.4 to 0.5 | 411 | 6.4% | |
| 0.5 to 0.6 | 711 | 11.0% | |
| 0.6 to 0.7 | 711 | 11.0% | |
| 0.7 to 0.8 | 876 | 13.6% | |
| 0.8 to 0.9 | 875 | 13.6% | |
| 0.9 to 1.0 | 25 | 0.4% |
Frequently asked questions
What is the average correlation of HTFB?
Horizon Technology Finance Corporation 4.875% Notes due 2026 (HTFB) has an average correlation of about 0.342 with other NASDAQ stocks, based on 6,454 pairwise observations.
Is HTFB positively correlated with other stocks?
Mostly yes — 75.3% of pairs are positive and 24.7% are negative. Strong positive correlations (≥0.7) make up 27.5%.
What is the most common correlation range for HTFB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.6% of all pairs.
Explore the full interactive correlation distribution for HTFB.
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