Office Properties Income Trust 6.375% Senior Notes due 2050 (OPINL) Correlation Distribution
Across 6,809 rolling correlation observations between Office Properties Income Trust 6.375% Senior Notes due 2050 (OPINL) and other NASDAQ-listed stocks, 66.9% are positive and 33.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.241, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 32.8% and strong negative correlations (≤−0.7) for 11%.
- Total observations
- 6,809
- Mean correlation
- 0.241
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.9%
- Strong positive (≥0.7)
- 32.8%
- Sector
- Real Estate
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 81 | 1.2% | |
| -0.9 to -0.8 | 335 | 4.9% | |
| -0.8 to -0.7 | 334 | 4.9% | |
| -0.7 to -0.6 | 261 | 3.8% | |
| -0.6 to -0.5 | 260 | 3.8% | |
| -0.5 to -0.4 | 204 | 3.0% | |
| -0.4 to -0.3 | 204 | 3.0% | |
| -0.3 to -0.2 | 188 | 2.8% | |
| -0.2 to -0.1 | 187 | 2.7% | |
| -0.1 to 0.0 | 201 | 3.0% | |
| 0.0 to 0.1 | 200 | 2.9% | |
| 0.1 to 0.2 | 208 | 3.1% | |
| 0.2 to 0.3 | 207 | 3.0% | |
| 0.3 to 0.4 | 301 | 4.4% | |
| 0.4 to 0.5 | 300 | 4.4% | |
| 0.5 to 0.6 | 553 | 8.1% | |
| 0.6 to 0.7 | 552 | 8.1% | |
| 0.7 to 0.8 | 1,006 | 14.8% | |
| 0.8 to 0.9 | 1,005 | 14.8% | |
| 0.9 to 1.0 | 222 | 3.3% |
Frequently asked questions
What is the average correlation of OPINL?
Office Properties Income Trust 6.375% Senior Notes due 2050 (OPINL) has an average correlation of about 0.241 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is OPINL positively correlated with other stocks?
Mostly yes — 66.9% of pairs are positive and 33.1% are negative. Strong positive correlations (≥0.7) make up 32.8%.
What is the most common correlation range for OPINL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.5% of all pairs.
Explore the full interactive correlation distribution for OPINL.
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