Barings Corporate Investors (MCI) Correlation Distribution
Across 6,809 rolling correlation observations between Barings Corporate Investors (MCI) and other NASDAQ-listed stocks, 43.5% are positive and 56.5% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.008, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15% and strong negative correlations (≤−0.7) for 4.9%.
- Total observations
- 6,809
- Mean correlation
- -0.008
- Most common range
- -0.5 to -0.4
- Positive pairs
- 43.5%
- Strong positive (≥0.7)
- 15%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 7 | 0.1% | |
| -0.9 to -0.8 | 164 | 2.4% | |
| -0.8 to -0.7 | 164 | 2.4% | |
| -0.7 to -0.6 | 488 | 7.2% | |
| -0.6 to -0.5 | 487 | 7.2% | |
| -0.5 to -0.4 | 670 | 9.8% | |
| -0.4 to -0.3 | 670 | 9.8% | |
| -0.3 to -0.2 | 447 | 6.6% | |
| -0.2 to -0.1 | 447 | 6.6% | |
| -0.1 to 0.0 | 304 | 4.5% | |
| 0.0 to 0.1 | 304 | 4.5% | |
| 0.1 to 0.2 | 252 | 3.7% | |
| 0.2 to 0.3 | 252 | 3.7% | |
| 0.3 to 0.4 | 262 | 3.8% | |
| 0.4 to 0.5 | 261 | 3.8% | |
| 0.5 to 0.6 | 306 | 4.5% | |
| 0.6 to 0.7 | 306 | 4.5% | |
| 0.7 to 0.8 | 433 | 6.4% | |
| 0.8 to 0.9 | 432 | 6.3% | |
| 0.9 to 1.0 | 153 | 2.2% |
Frequently asked questions
What is the average correlation of MCI?
Barings Corporate Investors (MCI) has an average correlation of about -0.008 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MCI positively correlated with other stocks?
Not predominantly — 43.5% of pairs are positive and 56.5% are negative. Strong positive correlations (≥0.7) make up 15%.
What is the most common correlation range for MCI?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 29.5% of all pairs.
Explore the full interactive correlation distribution for MCI.
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