AT&T Inc. 5.350 Percent Global Notes due 2066 (TBB) Correlation Distribution
Across 6,809 rolling correlation observations between AT&T Inc. 5.350 Percent Global Notes due 2066 (TBB) and other NASDAQ-listed stocks, 67.4% are positive and 32.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.258, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.9% and strong negative correlations (≤−0.7) for 3.3%.
- Total observations
- 6,809
- Mean correlation
- 0.258
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.4%
- Strong positive (≥0.7)
- 27.9%
- Sector
- Telephone Communications (No Radiotelephone)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 111 | 1.6% | |
| -0.8 to -0.7 | 110 | 1.6% | |
| -0.7 to -0.6 | 270 | 4.0% | |
| -0.6 to -0.5 | 270 | 4.0% | |
| -0.5 to -0.4 | 305 | 4.5% | |
| -0.4 to -0.3 | 304 | 4.5% | |
| -0.3 to -0.2 | 289 | 4.2% | |
| -0.2 to -0.1 | 288 | 4.2% | |
| -0.1 to 0.0 | 269 | 4.0% | |
| 0.0 to 0.1 | 269 | 4.0% | |
| 0.1 to 0.2 | 288 | 4.2% | |
| 0.2 to 0.3 | 287 | 4.2% | |
| 0.3 to 0.4 | 359 | 5.3% | |
| 0.4 to 0.5 | 358 | 5.3% | |
| 0.5 to 0.6 | 566 | 8.3% | |
| 0.6 to 0.7 | 566 | 8.3% | |
| 0.7 to 0.8 | 883 | 13.0% | |
| 0.8 to 0.9 | 882 | 13.0% | |
| 0.9 to 1.0 | 133 | 2.0% |
Frequently asked questions
What is the average correlation of TBB?
AT&T Inc. 5.350 Percent Global Notes due 2066 (TBB) has an average correlation of about 0.258 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TBB positively correlated with other stocks?
Mostly yes — 67.4% of pairs are positive and 32.6% are negative. Strong positive correlations (≥0.7) make up 27.9%.
What is the most common correlation range for TBB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.8% of all pairs.
Explore the full interactive correlation distribution for TBB.
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