Liberty All-Star Equity Fund (USA) Correlation Distribution
Across 6,809 rolling correlation observations between Liberty All-Star Equity Fund (USA) and other NASDAQ-listed stocks, 78.9% are positive and 21.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.339, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 18.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- 0.339
- Most common range
- 0.5 to 0.6
- Positive pairs
- 78.9%
- Strong positive (≥0.7)
- 18.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 7 | 0.1% | |
| -0.7 to -0.6 | 78 | 1.1% | |
| -0.6 to -0.5 | 78 | 1.1% | |
| -0.5 to -0.4 | 159 | 2.3% | |
| -0.4 to -0.3 | 158 | 2.3% | |
| -0.3 to -0.2 | 277 | 4.1% | |
| -0.2 to -0.1 | 276 | 4.1% | |
| -0.1 to 0.0 | 395 | 5.8% | |
| 0.0 to 0.1 | 394 | 5.8% | |
| 0.1 to 0.2 | 433 | 6.4% | |
| 0.2 to 0.3 | 432 | 6.3% | |
| 0.3 to 0.4 | 621 | 9.1% | |
| 0.4 to 0.5 | 620 | 9.1% | |
| 0.5 to 0.6 | 819 | 12.0% | |
| 0.6 to 0.7 | 818 | 12.0% | |
| 0.7 to 0.8 | 580 | 8.5% | |
| 0.8 to 0.9 | 579 | 8.5% | |
| 0.9 to 1.0 | 78 | 1.1% |
Frequently asked questions
What is the average correlation of USA?
Liberty All-Star Equity Fund (USA) has an average correlation of about 0.339 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is USA positively correlated with other stocks?
Mostly yes — 78.9% of pairs are positive and 21.1% are negative. Strong positive correlations (≥0.7) make up 18.2%.
What is the most common correlation range for USA?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.4% of all pairs.
Explore the full interactive correlation distribution for USA.
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