Sachem Capital Corp. 6.00% Notes due 2027 (SCCE) Correlation Distribution
Across 6,736 rolling correlation observations between Sachem Capital Corp. 6.00% Notes due 2027 (SCCE) and other NASDAQ-listed stocks, 65.7% are positive and 34.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.193, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 7% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,736
- Mean correlation
- 0.193
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.7%
- Strong positive (≥0.7)
- 7%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 5 | 0.1% | |
| -0.8 to -0.7 | 5 | 0.1% | |
| -0.7 to -0.6 | 116 | 1.7% | |
| -0.6 to -0.5 | 115 | 1.7% | |
| -0.5 to -0.4 | 419 | 6.2% | |
| -0.4 to -0.3 | 418 | 6.2% | |
| -0.3 to -0.2 | 426 | 6.3% | |
| -0.2 to -0.1 | 426 | 6.3% | |
| -0.1 to 0.0 | 383 | 5.7% | |
| 0.0 to 0.1 | 383 | 5.7% | |
| 0.1 to 0.2 | 411 | 6.1% | |
| 0.2 to 0.3 | 410 | 6.1% | |
| 0.3 to 0.4 | 592 | 8.8% | |
| 0.4 to 0.5 | 591 | 8.8% | |
| 0.5 to 0.6 | 784 | 11.6% | |
| 0.6 to 0.7 | 783 | 11.6% | |
| 0.7 to 0.8 | 233 | 3.5% | |
| 0.8 to 0.9 | 232 | 3.4% | |
| 0.9 to 1.0 | 4 | 0.1% |
Frequently asked questions
What is the average correlation of SCCE?
Sachem Capital Corp. 6.00% Notes due 2027 (SCCE) has an average correlation of about 0.193 with other NASDAQ stocks, based on 6,736 pairwise observations.
Is SCCE positively correlated with other stocks?
Mostly yes — 65.7% of pairs are positive and 34.3% are negative. Strong positive correlations (≥0.7) make up 7%.
What is the most common correlation range for SCCE?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 36.2% of all pairs.
Explore the full interactive correlation distribution for SCCE.
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