MEXICO FUND (MXF) Correlation Distribution
Across 6,809 rolling correlation observations between MEXICO FUND (MXF) and other NASDAQ-listed stocks, 43.3% are positive and 56.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.03, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,809
- Mean correlation
- -0.03
- Most common range
- -0.3 to -0.2
- Positive pairs
- 43.3%
- Strong positive (≥0.7)
- 3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 42 | 0.6% | |
| -0.8 to -0.7 | 42 | 0.6% | |
| -0.7 to -0.6 | 313 | 4.6% | |
| -0.6 to -0.5 | 312 | 4.6% | |
| -0.5 to -0.4 | 678 | 10.0% | |
| -0.4 to -0.3 | 677 | 9.9% | |
| -0.3 to -0.2 | 684 | 10.0% | |
| -0.2 to -0.1 | 683 | 10.0% | |
| -0.1 to 0.0 | 431 | 6.3% | |
| 0.0 to 0.1 | 431 | 6.3% | |
| 0.1 to 0.2 | 413 | 6.1% | |
| 0.2 to 0.3 | 412 | 6.1% | |
| 0.3 to 0.4 | 423 | 6.2% | |
| 0.4 to 0.5 | 423 | 6.2% | |
| 0.5 to 0.6 | 322 | 4.7% | |
| 0.6 to 0.7 | 322 | 4.7% | |
| 0.7 to 0.8 | 100 | 1.5% | |
| 0.8 to 0.9 | 99 | 1.5% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of MXF?
MEXICO FUND (MXF) has an average correlation of about -0.03 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MXF positively correlated with other stocks?
Not predominantly — 43.3% of pairs are positive and 56.7% are negative. Strong positive correlations (≥0.7) make up 3%.
What is the most common correlation range for MXF?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 44.9% of all pairs.
Explore the full interactive correlation distribution for MXF.
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