Airbnb, Inc. Class A Common Stock (ABNB) Correlation Distribution
Across 6,808 rolling correlation observations between Airbnb, Inc. Class A Common Stock (ABNB) and other NASDAQ-listed stocks, 74.5% are positive and 25.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.257, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,808
- Mean correlation
- 0.257
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.5%
- Strong positive (≥0.7)
- 3%
- Sector
- Services-To Dwellings & Other Buildings
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 4 | 0.1% | |
| -0.8 to -0.7 | 3 | 0.0% | |
| -0.7 to -0.6 | 79 | 1.2% | |
| -0.6 to -0.5 | 79 | 1.2% | |
| -0.5 to -0.4 | 195 | 2.9% | |
| -0.4 to -0.3 | 194 | 2.8% | |
| -0.3 to -0.2 | 365 | 5.4% | |
| -0.2 to -0.1 | 364 | 5.3% | |
| -0.1 to 0.0 | 453 | 6.7% | |
| 0.0 to 0.1 | 453 | 6.7% | |
| 0.1 to 0.2 | 490 | 7.2% | |
| 0.2 to 0.3 | 490 | 7.2% | |
| 0.3 to 0.4 | 669 | 9.8% | |
| 0.4 to 0.5 | 668 | 9.8% | |
| 0.5 to 0.6 | 1,050 | 15.4% | |
| 0.6 to 0.7 | 1,049 | 15.4% | |
| 0.7 to 0.8 | 102 | 1.5% | |
| 0.8 to 0.9 | 101 | 1.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ABNB?
Airbnb, Inc. Class A Common Stock (ABNB) has an average correlation of about 0.257 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is ABNB positively correlated with other stocks?
Mostly yes — 74.5% of pairs are positive and 25.5% are negative. Strong positive correlations (≥0.7) make up 3%.
What is the most common correlation range for ABNB?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 38.4% of all pairs.
Explore the full interactive correlation distribution for ABNB.
Open interactive dashboard →