Correlworks

Oxford Square Capital Corp. 5.50% Notes due 2028 (OXSQG) Correlation Distribution

Across 6,593 rolling correlation observations between Oxford Square Capital Corp. 5.50% Notes due 2028 (OXSQG) and other NASDAQ-listed stocks, 73.9% are positive and 26.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.344, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 32.6% and strong negative correlations (≤−0.7) for 1.9%.

Total observations
6,593
Mean correlation
0.344
Most common range
0.7 to 0.8
Positive pairs
73.9%
Strong positive (≥0.7)
32.6%

Correlation distribution

Correlation rangePairsShareChart
-1.0 to -0.910.0%
-0.9 to -0.8620.9%
-0.8 to -0.7620.9%
-0.7 to -0.61762.7%
-0.6 to -0.51762.7%
-0.5 to -0.42203.3%
-0.4 to -0.32193.3%
-0.3 to -0.22884.4%
-0.2 to -0.12874.4%
-0.1 to 0.02313.5%
0.0 to 0.12313.5%
0.1 to 0.22704.1%
0.2 to 0.32704.1%
0.3 to 0.43585.4%
0.4 to 0.53585.4%
0.5 to 0.66189.4%
0.6 to 0.76179.4%
0.7 to 0.81,02315.5%
0.8 to 0.91,02215.5%
0.9 to 1.01041.6%

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Frequently asked questions

What is the average correlation of OXSQG?

Oxford Square Capital Corp. 5.50% Notes due 2028 (OXSQG) has an average correlation of about 0.344 with other NASDAQ stocks, based on 6,593 pairwise observations.

Is OXSQG positively correlated with other stocks?

Mostly yes — 73.9% of pairs are positive and 26.1% are negative. Strong positive correlations (≥0.7) make up 32.6%.

What is the most common correlation range for OXSQG?

The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.9% of all pairs.

Explore the full interactive correlation distribution for OXSQG.

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