AAMC (AAMC) Correlation Distribution
Across 6,721 rolling correlation observations between AAMC (AAMC) and other NASDAQ-listed stocks, 41.3% are positive and 58.7% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is -0.034, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,721
- Mean correlation
- -0.034
- Most common range
- -0.1 to 0.0
- Positive pairs
- 41.3%
- Strong positive (≥0.7)
- 1.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 6 | 0.1% | |
| -0.8 to -0.7 | 5 | 0.1% | |
| -0.7 to -0.6 | 48 | 0.7% | |
| -0.6 to -0.5 | 48 | 0.7% | |
| -0.5 to -0.4 | 325 | 4.8% | |
| -0.4 to -0.3 | 325 | 4.8% | |
| -0.3 to -0.2 | 907 | 13.5% | |
| -0.2 to -0.1 | 906 | 13.5% | |
| -0.1 to 0.0 | 1,374 | 20.4% | |
| 0.0 to 0.1 | 1,373 | 20.4% | |
| 0.1 to 0.2 | 415 | 6.2% | |
| 0.2 to 0.3 | 415 | 6.2% | |
| 0.3 to 0.4 | 164 | 2.4% | |
| 0.4 to 0.5 | 164 | 2.4% | |
| 0.5 to 0.6 | 83 | 1.2% | |
| 0.6 to 0.7 | 83 | 1.2% | |
| 0.7 to 0.8 | 37 | 0.6% | |
| 0.8 to 0.9 | 37 | 0.6% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of AAMC?
AAMC (AAMC) has an average correlation of about -0.034 with other NASDAQ stocks, based on 6,721 pairwise observations.
Is AAMC positively correlated with other stocks?
Not predominantly — 41.3% of pairs are positive and 58.7% are negative. Strong positive correlations (≥0.7) make up 1.2%.
What is the most common correlation range for AAMC?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 80.2% of all pairs.
Explore the full interactive correlation distribution for AAMC.
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