AllianceBernstein Holding, L.P. (AB) Correlation Distribution
Across 6,809 rolling correlation observations between AllianceBernstein Holding, L.P. (AB) and other NASDAQ-listed stocks, 75.7% are positive and 24.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.292, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 16.2% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,809
- Mean correlation
- 0.292
- Most common range
- 0.5 to 0.6
- Positive pairs
- 75.7%
- Strong positive (≥0.7)
- 16.2%
- Sector
- Investment Advice
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 65 | 1.0% | |
| -0.8 to -0.7 | 64 | 0.9% | |
| -0.7 to -0.6 | 73 | 1.1% | |
| -0.6 to -0.5 | 73 | 1.1% | |
| -0.5 to -0.4 | 136 | 2.0% | |
| -0.4 to -0.3 | 136 | 2.0% | |
| -0.3 to -0.2 | 334 | 4.9% | |
| -0.2 to -0.1 | 334 | 4.9% | |
| -0.1 to 0.0 | 438 | 6.4% | |
| 0.0 to 0.1 | 438 | 6.4% | |
| 0.1 to 0.2 | 469 | 6.9% | |
| 0.2 to 0.3 | 469 | 6.9% | |
| 0.3 to 0.4 | 634 | 9.3% | |
| 0.4 to 0.5 | 633 | 9.3% | |
| 0.5 to 0.6 | 706 | 10.4% | |
| 0.6 to 0.7 | 706 | 10.4% | |
| 0.7 to 0.8 | 539 | 7.9% | |
| 0.8 to 0.9 | 538 | 7.9% | |
| 0.9 to 1.0 | 23 | 0.3% |
Frequently asked questions
What is the average correlation of AB?
AllianceBernstein Holding, L.P. (AB) has an average correlation of about 0.292 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AB positively correlated with other stocks?
Mostly yes — 75.7% of pairs are positive and 24.3% are negative. Strong positive correlations (≥0.7) make up 16.2%.
What is the most common correlation range for AB?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 36.5% of all pairs.
Explore the full interactive correlation distribution for AB.
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