AAIC (AAIC) Correlation Distribution
Across 6,439 rolling correlation observations between AAIC (AAIC) and other NASDAQ-listed stocks, 69.1% are positive and 30.9% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.121, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.3% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,439
- Mean correlation
- 0.121
- Most common range
- 0.1 to 0.2
- Positive pairs
- 69.1%
- Strong positive (≥0.7)
- 1.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 10 | 0.2% | |
| -0.8 to -0.7 | 10 | 0.2% | |
| -0.7 to -0.6 | 59 | 0.9% | |
| -0.6 to -0.5 | 59 | 0.9% | |
| -0.5 to -0.4 | 185 | 2.9% | |
| -0.4 to -0.3 | 185 | 2.9% | |
| -0.3 to -0.2 | 397 | 6.2% | |
| -0.2 to -0.1 | 396 | 6.2% | |
| -0.1 to 0.0 | 687 | 10.7% | |
| 0.0 to 0.1 | 686 | 10.7% | |
| 0.1 to 0.2 | 1,142 | 17.7% | |
| 0.2 to 0.3 | 1,141 | 17.7% | |
| 0.3 to 0.4 | 481 | 7.5% | |
| 0.4 to 0.5 | 481 | 7.5% | |
| 0.5 to 0.6 | 218 | 3.4% | |
| 0.6 to 0.7 | 218 | 3.4% | |
| 0.7 to 0.8 | 41 | 0.6% | |
| 0.8 to 0.9 | 41 | 0.6% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of AAIC?
AAIC (AAIC) has an average correlation of about 0.121 with other NASDAQ stocks, based on 6,439 pairwise observations.
Is AAIC positively correlated with other stocks?
Mostly yes — 69.1% of pairs are positive and 30.9% are negative. Strong positive correlations (≥0.7) make up 1.3%.
What is the most common correlation range for AAIC?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 69.1% of all pairs.
Explore the full interactive correlation distribution for AAIC.
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