Saratoga Investment Corp. 6.00% Notes due 2027 (SAT) Correlation Distribution
Across 6,698 rolling correlation observations between Saratoga Investment Corp. 6.00% Notes due 2027 (SAT) and other NASDAQ-listed stocks, 63.1% are positive and 36.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.141, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.2% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,698
- Mean correlation
- 0.141
- Most common range
- 0.5 to 0.6
- Positive pairs
- 63.1%
- Strong positive (≥0.7)
- 6.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 64 | 1.0% | |
| -0.8 to -0.7 | 63 | 0.9% | |
| -0.7 to -0.6 | 238 | 3.6% | |
| -0.6 to -0.5 | 237 | 3.5% | |
| -0.5 to -0.4 | 348 | 5.2% | |
| -0.4 to -0.3 | 348 | 5.2% | |
| -0.3 to -0.2 | 373 | 5.6% | |
| -0.2 to -0.1 | 373 | 5.6% | |
| -0.1 to 0.0 | 424 | 6.3% | |
| 0.0 to 0.1 | 424 | 6.3% | |
| 0.1 to 0.2 | 487 | 7.3% | |
| 0.2 to 0.3 | 487 | 7.3% | |
| 0.3 to 0.4 | 543 | 8.1% | |
| 0.4 to 0.5 | 542 | 8.1% | |
| 0.5 to 0.6 | 666 | 9.9% | |
| 0.6 to 0.7 | 665 | 9.9% | |
| 0.7 to 0.8 | 207 | 3.1% | |
| 0.8 to 0.9 | 206 | 3.1% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of SAT?
Saratoga Investment Corp. 6.00% Notes due 2027 (SAT) has an average correlation of about 0.141 with other NASDAQ stocks, based on 6,698 pairwise observations.
Is SAT positively correlated with other stocks?
Mostly yes — 63.1% of pairs are positive and 36.9% are negative. Strong positive correlations (≥0.7) make up 6.2%.
What is the most common correlation range for SAT?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 38.3% of all pairs.
Explore the full interactive correlation distribution for SAT.
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