SuRo Capital Corp. 6.00% Notes due 2026 (SSSSL) Correlation Distribution
Across 6,506 rolling correlation observations between SuRo Capital Corp. 6.00% Notes due 2026 (SSSSL) and other NASDAQ-listed stocks, 73.5% are positive and 26.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.267, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 14.9% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,506
- Mean correlation
- 0.267
- Most common range
- 0.5 to 0.6
- Positive pairs
- 73.5%
- Strong positive (≥0.7)
- 14.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 61 | 0.9% | |
| -0.8 to -0.7 | 61 | 0.9% | |
| -0.7 to -0.6 | 138 | 2.1% | |
| -0.6 to -0.5 | 137 | 2.1% | |
| -0.5 to -0.4 | 190 | 2.9% | |
| -0.4 to -0.3 | 190 | 2.9% | |
| -0.3 to -0.2 | 282 | 4.3% | |
| -0.2 to -0.1 | 281 | 4.3% | |
| -0.1 to 0.0 | 383 | 5.9% | |
| 0.0 to 0.1 | 383 | 5.9% | |
| 0.1 to 0.2 | 455 | 7.0% | |
| 0.2 to 0.3 | 454 | 7.0% | |
| 0.3 to 0.4 | 514 | 7.9% | |
| 0.4 to 0.5 | 514 | 7.9% | |
| 0.5 to 0.6 | 745 | 11.5% | |
| 0.6 to 0.7 | 745 | 11.5% | |
| 0.7 to 0.8 | 477 | 7.3% | |
| 0.8 to 0.9 | 476 | 7.3% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of SSSSL?
SuRo Capital Corp. 6.00% Notes due 2026 (SSSSL) has an average correlation of about 0.267 with other NASDAQ stocks, based on 6,506 pairwise observations.
Is SSSSL positively correlated with other stocks?
Mostly yes — 73.5% of pairs are positive and 26.5% are negative. Strong positive correlations (≥0.7) make up 14.9%.
What is the most common correlation range for SSSSL?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 34.4% of all pairs.
Explore the full interactive correlation distribution for SSSSL.
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