Nuveen Real Estate Income Fund (JRS) Correlation Distribution
Across 6,809 rolling correlation observations between Nuveen Real Estate Income Fund (JRS) and other NASDAQ-listed stocks, 74.7% are positive and 25.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.31, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 19.8% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,809
- Mean correlation
- 0.31
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.7%
- Strong positive (≥0.7)
- 19.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 47 | 0.7% | |
| -0.8 to -0.7 | 46 | 0.7% | |
| -0.7 to -0.6 | 85 | 1.2% | |
| -0.6 to -0.5 | 84 | 1.2% | |
| -0.5 to -0.4 | 213 | 3.1% | |
| -0.4 to -0.3 | 212 | 3.1% | |
| -0.3 to -0.2 | 356 | 5.2% | |
| -0.2 to -0.1 | 356 | 5.2% | |
| -0.1 to 0.0 | 324 | 4.8% | |
| 0.0 to 0.1 | 323 | 4.7% | |
| 0.1 to 0.2 | 401 | 5.9% | |
| 0.2 to 0.3 | 400 | 5.9% | |
| 0.3 to 0.4 | 555 | 8.2% | |
| 0.4 to 0.5 | 555 | 8.2% | |
| 0.5 to 0.6 | 751 | 11.0% | |
| 0.6 to 0.7 | 750 | 11.0% | |
| 0.7 to 0.8 | 632 | 9.3% | |
| 0.8 to 0.9 | 631 | 9.3% | |
| 0.9 to 1.0 | 88 | 1.3% |
Frequently asked questions
What is the average correlation of JRS?
Nuveen Real Estate Income Fund (JRS) has an average correlation of about 0.31 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is JRS positively correlated with other stocks?
Mostly yes — 74.7% of pairs are positive and 25.3% are negative. Strong positive correlations (≥0.7) make up 19.8%.
What is the most common correlation range for JRS?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 31.7% of all pairs.
Explore the full interactive correlation distribution for JRS.
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