Ready Capital Corporation 5.75% Senior Notes due 2026 (RCC) Correlation Distribution
Across 6,804 rolling correlation observations between Ready Capital Corporation 5.75% Senior Notes due 2026 (RCC) and other NASDAQ-listed stocks, 74.5% are positive and 25.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.317, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 24.9% and strong negative correlations (≤−0.7) for 2.6%.
- Total observations
- 6,804
- Mean correlation
- 0.317
- Most common range
- 0.7 to 0.8
- Positive pairs
- 74.5%
- Strong positive (≥0.7)
- 24.9%
- 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 | 88 | 1.3% | |
| -0.8 to -0.7 | 88 | 1.3% | |
| -0.7 to -0.6 | 157 | 2.3% | |
| -0.6 to -0.5 | 157 | 2.3% | |
| -0.5 to -0.4 | 206 | 3.0% | |
| -0.4 to -0.3 | 206 | 3.0% | |
| -0.3 to -0.2 | 262 | 3.9% | |
| -0.2 to -0.1 | 261 | 3.8% | |
| -0.1 to 0.0 | 309 | 4.5% | |
| 0.0 to 0.1 | 309 | 4.5% | |
| 0.1 to 0.2 | 337 | 5.0% | |
| 0.2 to 0.3 | 337 | 5.0% | |
| 0.3 to 0.4 | 440 | 6.5% | |
| 0.4 to 0.5 | 440 | 6.5% | |
| 0.5 to 0.6 | 757 | 11.1% | |
| 0.6 to 0.7 | 756 | 11.1% | |
| 0.7 to 0.8 | 819 | 12.0% | |
| 0.8 to 0.9 | 818 | 12.0% | |
| 0.9 to 1.0 | 56 | 0.8% |
Frequently asked questions
What is the average correlation of RCC?
Ready Capital Corporation 5.75% Senior Notes due 2026 (RCC) has an average correlation of about 0.317 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is RCC positively correlated with other stocks?
Mostly yes — 74.5% of pairs are positive and 25.5% are negative. Strong positive correlations (≥0.7) make up 24.9%.
What is the most common correlation range for RCC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 26.7% of all pairs.
Explore the full interactive correlation distribution for RCC.
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