KKR Group Finance Co. IX LLC 4.625% Subordinated Notes due 2061 (KKRS) Correlation Distribution
Across 6,806 rolling correlation observations between KKR Group Finance Co. IX LLC 4.625% Subordinated Notes due 2061 (KKRS) and other NASDAQ-listed stocks, 73.1% are positive and 26.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.365, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 37.8% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,806
- Mean correlation
- 0.365
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.1%
- Strong positive (≥0.7)
- 37.8%
- Sector
- Investment Advice
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 36 | 0.5% | |
| -0.8 to -0.7 | 35 | 0.5% | |
| -0.7 to -0.6 | 153 | 2.2% | |
| -0.6 to -0.5 | 152 | 2.2% | |
| -0.5 to -0.4 | 300 | 4.4% | |
| -0.4 to -0.3 | 300 | 4.4% | |
| -0.3 to -0.2 | 292 | 4.3% | |
| -0.2 to -0.1 | 291 | 4.3% | |
| -0.1 to 0.0 | 268 | 3.9% | |
| 0.0 to 0.1 | 267 | 3.9% | |
| 0.1 to 0.2 | 270 | 4.0% | |
| 0.2 to 0.3 | 269 | 4.0% | |
| 0.3 to 0.4 | 310 | 4.6% | |
| 0.4 to 0.5 | 309 | 4.5% | |
| 0.5 to 0.6 | 490 | 7.2% | |
| 0.6 to 0.7 | 489 | 7.2% | |
| 0.7 to 0.8 | 998 | 14.7% | |
| 0.8 to 0.9 | 998 | 14.7% | |
| 0.9 to 1.0 | 576 | 8.5% |
Frequently asked questions
What is the average correlation of KKRS?
KKR Group Finance Co. IX LLC 4.625% Subordinated Notes due 2061 (KKRS) has an average correlation of about 0.365 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is KKRS positively correlated with other stocks?
Mostly yes — 73.1% of pairs are positive and 26.9% are negative. Strong positive correlations (≥0.7) make up 37.8%.
What is the most common correlation range for KKRS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.3% of all pairs.
Explore the full interactive correlation distribution for KKRS.
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