Correlworks

Horizon Technology Finance Corporation 6.25% Notes due 2027 (HTFC) Correlation Distribution

Across 6,583 rolling correlation observations between Horizon Technology Finance Corporation 6.25% Notes due 2027 (HTFC) and other NASDAQ-listed stocks, 72.7% are positive and 27.3% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.123, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 0% and strong negative correlations (≤−0.7) for 0%.

Total observations
6,583
Mean correlation
0.123
Most common range
0.1 to 0.2
Positive pairs
72.7%
Strong positive (≥0.7)
0%

Correlation distribution

Correlation rangePairsShareChart
-1.0 to -0.900.0%
-0.9 to -0.800.0%
-0.8 to -0.700.0%
-0.7 to -0.620.0%
-0.6 to -0.520.0%
-0.5 to -0.4380.6%
-0.4 to -0.3370.6%
-0.3 to -0.23084.7%
-0.2 to -0.13084.7%
-0.1 to 0.01,09916.7%
0.0 to 0.11,09916.7%
0.1 to 0.21,32220.1%
0.2 to 0.31,32120.1%
0.3 to 0.44757.2%
0.4 to 0.54747.2%
0.5 to 0.6480.7%
0.6 to 0.7480.7%
0.7 to 0.810.0%
0.8 to 0.910.0%
0.9 to 1.000.0%

Last updated:

Frequently asked questions

What is the average correlation of HTFC?

Horizon Technology Finance Corporation 6.25% Notes due 2027 (HTFC) has an average correlation of about 0.123 with other NASDAQ stocks, based on 6,583 pairwise observations.

Is HTFC positively correlated with other stocks?

Mostly yes — 72.7% of pairs are positive and 27.3% are negative. Strong positive correlations (≥0.7) make up 0%.

What is the most common correlation range for HTFC?

The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 82.9% of all pairs.

Explore the full interactive correlation distribution for HTFC.

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