Terra Income Fund 6, LLC 7.00% Notes due 2026 (TFSA) Correlation Distribution
Across 6,581 rolling correlation observations between Terra Income Fund 6, LLC 7.00% Notes due 2026 (TFSA) and other NASDAQ-listed stocks, 75% are positive and 25% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.314, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 15.2% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,581
- Mean correlation
- 0.314
- Most common range
- 0.5 to 0.6
- Positive pairs
- 75%
- Strong positive (≥0.7)
- 15.2%
- 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 | 12 | 0.2% | |
| -0.8 to -0.7 | 12 | 0.2% | |
| -0.7 to -0.6 | 130 | 2.0% | |
| -0.6 to -0.5 | 129 | 2.0% | |
| -0.5 to -0.4 | 235 | 3.6% | |
| -0.4 to -0.3 | 234 | 3.6% | |
| -0.3 to -0.2 | 308 | 4.7% | |
| -0.2 to -0.1 | 308 | 4.7% | |
| -0.1 to 0.0 | 277 | 4.2% | |
| 0.0 to 0.1 | 277 | 4.2% | |
| 0.1 to 0.2 | 303 | 4.6% | |
| 0.2 to 0.3 | 302 | 4.6% | |
| 0.3 to 0.4 | 497 | 7.6% | |
| 0.4 to 0.5 | 496 | 7.5% | |
| 0.5 to 0.6 | 1,031 | 15.7% | |
| 0.6 to 0.7 | 1,030 | 15.7% | |
| 0.7 to 0.8 | 500 | 7.6% | |
| 0.8 to 0.9 | 500 | 7.6% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of TFSA?
Terra Income Fund 6, LLC 7.00% Notes due 2026 (TFSA) has an average correlation of about 0.314 with other NASDAQ stocks, based on 6,581 pairwise observations.
Is TFSA positively correlated with other stocks?
Mostly yes — 75% of pairs are positive and 25% are negative. Strong positive correlations (≥0.7) make up 15.2%.
What is the most common correlation range for TFSA?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 27% of all pairs.
Explore the full interactive correlation distribution for TFSA.
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