Structured Products CorTS Aon Capital A, 8.205% Cert. (KTN) Correlation Distribution
Across 6,748 rolling correlation observations between Structured Products CorTS Aon Capital A, 8.205% Cert. (KTN) and other NASDAQ-listed stocks, 66.4% are positive and 33.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.262, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 36.3% and strong negative correlations (≤−0.7) for 8.2%.
- Total observations
- 6,748
- Mean correlation
- 0.262
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.4%
- Strong positive (≥0.7)
- 36.3%
- Sector
- Asset-Backed Securities
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 14 | 0.2% | |
| -0.9 to -0.8 | 270 | 4.0% | |
| -0.8 to -0.7 | 270 | 4.0% | |
| -0.7 to -0.6 | 311 | 4.6% | |
| -0.6 to -0.5 | 310 | 4.6% | |
| -0.5 to -0.4 | 230 | 3.4% | |
| -0.4 to -0.3 | 229 | 3.4% | |
| -0.3 to -0.2 | 201 | 3.0% | |
| -0.2 to -0.1 | 201 | 3.0% | |
| -0.1 to 0.0 | 230 | 3.4% | |
| 0.0 to 0.1 | 230 | 3.4% | |
| 0.1 to 0.2 | 220 | 3.3% | |
| 0.2 to 0.3 | 220 | 3.3% | |
| 0.3 to 0.4 | 288 | 4.3% | |
| 0.4 to 0.5 | 287 | 4.3% | |
| 0.5 to 0.6 | 394 | 5.8% | |
| 0.6 to 0.7 | 393 | 5.8% | |
| 0.7 to 0.8 | 893 | 13.2% | |
| 0.8 to 0.9 | 892 | 13.2% | |
| 0.9 to 1.0 | 665 | 9.9% |
Frequently asked questions
What is the average correlation of KTN?
Structured Products CorTS Aon Capital A, 8.205% Cert. (KTN) has an average correlation of about 0.262 with other NASDAQ stocks, based on 6,748 pairwise observations.
Is KTN positively correlated with other stocks?
Mostly yes — 66.4% of pairs are positive and 33.6% are negative. Strong positive correlations (≥0.7) make up 36.3%.
What is the most common correlation range for KTN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.3% of all pairs.
Explore the full interactive correlation distribution for KTN.
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