Royce Small-Cap Trust, Inc. (RVT) Correlation Distribution
Across 6,809 rolling correlation observations between Royce Small-Cap Trust, Inc. (RVT) and other NASDAQ-listed stocks, 78.1% are positive and 21.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.357, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 22.7% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- 0.357
- Most common range
- 0.5 to 0.6
- Positive pairs
- 78.1%
- Strong positive (≥0.7)
- 22.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 16 | 0.2% | |
| -0.8 to -0.7 | 15 | 0.2% | |
| -0.7 to -0.6 | 72 | 1.1% | |
| -0.6 to -0.5 | 71 | 1.0% | |
| -0.5 to -0.4 | 164 | 2.4% | |
| -0.4 to -0.3 | 163 | 2.4% | |
| -0.3 to -0.2 | 321 | 4.7% | |
| -0.2 to -0.1 | 321 | 4.7% | |
| -0.1 to 0.0 | 346 | 5.1% | |
| 0.0 to 0.1 | 346 | 5.1% | |
| 0.1 to 0.2 | 369 | 5.4% | |
| 0.2 to 0.3 | 368 | 5.4% | |
| 0.3 to 0.4 | 524 | 7.7% | |
| 0.4 to 0.5 | 524 | 7.7% | |
| 0.5 to 0.6 | 821 | 12.1% | |
| 0.6 to 0.7 | 820 | 12.0% | |
| 0.7 to 0.8 | 730 | 10.7% | |
| 0.8 to 0.9 | 729 | 10.7% | |
| 0.9 to 1.0 | 89 | 1.3% |
Frequently asked questions
What is the average correlation of RVT?
Royce Small-Cap Trust, Inc. (RVT) has an average correlation of about 0.357 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is RVT positively correlated with other stocks?
Mostly yes — 78.1% of pairs are positive and 21.9% are negative. Strong positive correlations (≥0.7) make up 22.7%.
What is the most common correlation range for RVT?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 30.4% of all pairs.
Explore the full interactive correlation distribution for RVT.
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