Ready Capital Corporation 6.20% Senior Notes due 2026 (RCB) Correlation Distribution
Across 6,778 rolling correlation observations between Ready Capital Corporation 6.20% Senior Notes due 2026 (RCB) and other NASDAQ-listed stocks, 79.9% are positive and 20.1% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.295, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 11.9% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,778
- Mean correlation
- 0.295
- Most common range
- 0.3 to 0.4
- Positive pairs
- 79.9%
- Strong positive (≥0.7)
- 11.9%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 46 | 0.7% | |
| -0.8 to -0.7 | 46 | 0.7% | |
| -0.7 to -0.6 | 100 | 1.5% | |
| -0.6 to -0.5 | 99 | 1.5% | |
| -0.5 to -0.4 | 101 | 1.5% | |
| -0.4 to -0.3 | 100 | 1.5% | |
| -0.3 to -0.2 | 203 | 3.0% | |
| -0.2 to -0.1 | 202 | 3.0% | |
| -0.1 to 0.0 | 464 | 6.8% | |
| 0.0 to 0.1 | 464 | 6.8% | |
| 0.1 to 0.2 | 590 | 8.7% | |
| 0.2 to 0.3 | 590 | 8.7% | |
| 0.3 to 0.4 | 780 | 11.5% | |
| 0.4 to 0.5 | 780 | 11.5% | |
| 0.5 to 0.6 | 702 | 10.4% | |
| 0.6 to 0.7 | 702 | 10.4% | |
| 0.7 to 0.8 | 387 | 5.7% | |
| 0.8 to 0.9 | 387 | 5.7% | |
| 0.9 to 1.0 | 34 | 0.5% |
Frequently asked questions
What is the average correlation of RCB?
Ready Capital Corporation 6.20% Senior Notes due 2026 (RCB) has an average correlation of about 0.295 with other NASDAQ stocks, based on 6,778 pairwise observations.
Is RCB positively correlated with other stocks?
Mostly yes — 79.9% of pairs are positive and 20.1% are negative. Strong positive correlations (≥0.7) make up 11.9%.
What is the most common correlation range for RCB?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 37.1% of all pairs.
Explore the full interactive correlation distribution for RCB.
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