Investcorp Credit Management BDC, Inc. Common Stock (ICMB) Correlation Distribution
Across 6,809 rolling correlation observations between Investcorp Credit Management BDC, Inc. Common Stock (ICMB) and other NASDAQ-listed stocks, 71.6% are positive and 28.4% 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 30.8% and strong negative correlations (≤−0.7) for 3.2%.
- Total observations
- 6,809
- Mean correlation
- 0.305
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.6%
- Strong positive (≥0.7)
- 30.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 109 | 1.6% | |
| -0.8 to -0.7 | 109 | 1.6% | |
| -0.7 to -0.6 | 285 | 4.2% | |
| -0.6 to -0.5 | 285 | 4.2% | |
| -0.5 to -0.4 | 252 | 3.7% | |
| -0.4 to -0.3 | 252 | 3.7% | |
| -0.3 to -0.2 | 217 | 3.2% | |
| -0.2 to -0.1 | 217 | 3.2% | |
| -0.1 to 0.0 | 205 | 3.0% | |
| 0.0 to 0.1 | 205 | 3.0% | |
| 0.1 to 0.2 | 268 | 3.9% | |
| 0.2 to 0.3 | 268 | 3.9% | |
| 0.3 to 0.4 | 358 | 5.3% | |
| 0.4 to 0.5 | 358 | 5.3% | |
| 0.5 to 0.6 | 661 | 9.7% | |
| 0.6 to 0.7 | 661 | 9.7% | |
| 0.7 to 0.8 | 988 | 14.5% | |
| 0.8 to 0.9 | 987 | 14.5% | |
| 0.9 to 1.0 | 124 | 1.8% |
Frequently asked questions
What is the average correlation of ICMB?
Investcorp Credit Management BDC, Inc. Common Stock (ICMB) has an average correlation of about 0.305 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ICMB positively correlated with other stocks?
Mostly yes — 71.6% of pairs are positive and 28.4% are negative. Strong positive correlations (≥0.7) make up 30.8%.
What is the most common correlation range for ICMB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.3% of all pairs.
Explore the full interactive correlation distribution for ICMB.
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