Atlantic American Corp (AAME) Correlation Distribution
Across 6,803 rolling correlation observations between Atlantic American Corp (AAME) and other NASDAQ-listed stocks, 71.5% are positive and 28.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.278, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 20.9% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 6,803
- Mean correlation
- 0.278
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.5%
- Strong positive (≥0.7)
- 20.9%
- Sector
- Life Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 81 | 1.2% | |
| -0.8 to -0.7 | 81 | 1.2% | |
| -0.7 to -0.6 | 225 | 3.3% | |
| -0.6 to -0.5 | 225 | 3.3% | |
| -0.5 to -0.4 | 309 | 4.5% | |
| -0.4 to -0.3 | 309 | 4.5% | |
| -0.3 to -0.2 | 230 | 3.4% | |
| -0.2 to -0.1 | 230 | 3.4% | |
| -0.1 to 0.0 | 247 | 3.6% | |
| 0.0 to 0.1 | 246 | 3.6% | |
| 0.1 to 0.2 | 309 | 4.5% | |
| 0.2 to 0.3 | 309 | 4.5% | |
| 0.3 to 0.4 | 446 | 6.6% | |
| 0.4 to 0.5 | 445 | 6.5% | |
| 0.5 to 0.6 | 846 | 12.4% | |
| 0.6 to 0.7 | 846 | 12.4% | |
| 0.7 to 0.8 | 702 | 10.3% | |
| 0.8 to 0.9 | 702 | 10.3% | |
| 0.9 to 1.0 | 15 | 0.2% |
Frequently asked questions
What is the average correlation of AAME?
Atlantic American Corp (AAME) has an average correlation of about 0.278 with other NASDAQ stocks, based on 6,803 pairwise observations.
Is AAME positively correlated with other stocks?
Mostly yes — 71.5% of pairs are positive and 28.5% are negative. Strong positive correlations (≥0.7) make up 20.9%.
What is the most common correlation range for AAME?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 23.1% of all pairs.
Explore the full interactive correlation distribution for AAME.
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