RiverNorth Capital and Income Fund, Inc. (RSF) Correlation Distribution
Across 6,809 rolling correlation observations between RiverNorth Capital and Income Fund, Inc. (RSF) and other NASDAQ-listed stocks, 72% are positive and 28% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.281, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 22% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,809
- Mean correlation
- 0.281
- Most common range
- 0.5 to 0.6
- Positive pairs
- 72%
- Strong positive (≥0.7)
- 22%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 24 | 0.4% | |
| -0.9 to -0.8 | 81 | 1.2% | |
| -0.8 to -0.7 | 80 | 1.2% | |
| -0.7 to -0.6 | 143 | 2.1% | |
| -0.6 to -0.5 | 142 | 2.1% | |
| -0.5 to -0.4 | 313 | 4.6% | |
| -0.4 to -0.3 | 313 | 4.6% | |
| -0.3 to -0.2 | 260 | 3.8% | |
| -0.2 to -0.1 | 259 | 3.8% | |
| -0.1 to 0.0 | 291 | 4.3% | |
| 0.0 to 0.1 | 291 | 4.3% | |
| 0.1 to 0.2 | 375 | 5.5% | |
| 0.2 to 0.3 | 375 | 5.5% | |
| 0.3 to 0.4 | 486 | 7.1% | |
| 0.4 to 0.5 | 486 | 7.1% | |
| 0.5 to 0.6 | 695 | 10.2% | |
| 0.6 to 0.7 | 694 | 10.2% | |
| 0.7 to 0.8 | 691 | 10.1% | |
| 0.8 to 0.9 | 691 | 10.1% | |
| 0.9 to 1.0 | 119 | 1.7% |
Frequently asked questions
What is the average correlation of RSF?
RiverNorth Capital and Income Fund, Inc. (RSF) has an average correlation of about 0.281 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is RSF positively correlated with other stocks?
Mostly yes — 72% of pairs are positive and 28% are negative. Strong positive correlations (≥0.7) make up 22%.
What is the most common correlation range for RSF?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 27.2% of all pairs.
Explore the full interactive correlation distribution for RSF.
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