Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) Correlation Distribution
Across 6,809 rolling correlation observations between Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and other NASDAQ-listed stocks, 42% are positive and 58% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.036, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.5% and strong negative correlations (≤−0.7) for 6%.
- Total observations
- 6,809
- Mean correlation
- -0.036
- Most common range
- -0.7 to -0.6
- Positive pairs
- 42%
- Strong positive (≥0.7)
- 15.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 203 | 3.0% | |
| -0.8 to -0.7 | 203 | 3.0% | |
| -0.7 to -0.6 | 648 | 9.5% | |
| -0.6 to -0.5 | 648 | 9.5% | |
| -0.5 to -0.4 | 616 | 9.0% | |
| -0.4 to -0.3 | 616 | 9.0% | |
| -0.3 to -0.2 | 370 | 5.4% | |
| -0.2 to -0.1 | 369 | 5.4% | |
| -0.1 to 0.0 | 273 | 4.0% | |
| 0.0 to 0.1 | 272 | 4.0% | |
| 0.1 to 0.2 | 244 | 3.6% | |
| 0.2 to 0.3 | 244 | 3.6% | |
| 0.3 to 0.4 | 234 | 3.4% | |
| 0.4 to 0.5 | 234 | 3.4% | |
| 0.5 to 0.6 | 290 | 4.3% | |
| 0.6 to 0.7 | 290 | 4.3% | |
| 0.7 to 0.8 | 456 | 6.7% | |
| 0.8 to 0.9 | 456 | 6.7% | |
| 0.9 to 1.0 | 142 | 2.1% |
Frequently asked questions
What is the average correlation of KYN?
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has an average correlation of about -0.036 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is KYN positively correlated with other stocks?
Not predominantly — 42% of pairs are positive and 58% are negative. Strong positive correlations (≥0.7) make up 15.5%.
What is the most common correlation range for KYN?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 26% of all pairs.
Explore the full interactive correlation distribution for KYN.
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