Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Correlation Distribution
Across 6,805 rolling correlation observations between Merchants Bancorp Depositary Shares Preferred Series C (MBINN) and other NASDAQ-listed stocks, 73.4% are positive and 26.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.343, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 34.1% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,805
- Mean correlation
- 0.343
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.4%
- Strong positive (≥0.7)
- 34.1%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 9 | 0.1% | |
| -0.9 to -0.8 | 63 | 0.9% | |
| -0.8 to -0.7 | 63 | 0.9% | |
| -0.7 to -0.6 | 179 | 2.6% | |
| -0.6 to -0.5 | 178 | 2.6% | |
| -0.5 to -0.4 | 287 | 4.2% | |
| -0.4 to -0.3 | 287 | 4.2% | |
| -0.3 to -0.2 | 263 | 3.9% | |
| -0.2 to -0.1 | 263 | 3.9% | |
| -0.1 to 0.0 | 219 | 3.2% | |
| 0.0 to 0.1 | 219 | 3.2% | |
| 0.1 to 0.2 | 276 | 4.1% | |
| 0.2 to 0.3 | 276 | 4.1% | |
| 0.3 to 0.4 | 339 | 5.0% | |
| 0.4 to 0.5 | 339 | 5.0% | |
| 0.5 to 0.6 | 614 | 9.0% | |
| 0.6 to 0.7 | 613 | 9.0% | |
| 0.7 to 0.8 | 1,086 | 16.0% | |
| 0.8 to 0.9 | 1,085 | 15.9% | |
| 0.9 to 1.0 | 147 | 2.2% |
Frequently asked questions
What is the average correlation of MBINN?
Merchants Bancorp Depositary Shares Preferred Series C (MBINN) has an average correlation of about 0.343 with other NASDAQ stocks, based on 6,805 pairwise observations.
Is MBINN positively correlated with other stocks?
Mostly yes — 73.4% of pairs are positive and 26.6% are negative. Strong positive correlations (≥0.7) make up 34.1%.
What is the most common correlation range for MBINN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.3% of all pairs.
Explore the full interactive correlation distribution for MBINN.
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