Arch Capital Group Ltd. Depositary Shares Each Representing 1/1,000th Interest in a Share of 5.45% Non-Cumulative Preferred Shares, Series F (ACGLO) Correlation Distribution
Across 6,809 rolling correlation observations between Arch Capital Group Ltd. Depositary Shares Each Representing 1/1,000th Interest in a Share of 5.45% Non-Cumulative Preferred Shares, Series F (ACGLO) and other NASDAQ-listed stocks, 68% are positive and 32% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.261, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 26.8% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,809
- Mean correlation
- 0.261
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68%
- Strong positive (≥0.7)
- 26.8%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 68 | 1.0% | |
| -0.8 to -0.7 | 67 | 1.0% | |
| -0.7 to -0.6 | 267 | 3.9% | |
| -0.6 to -0.5 | 267 | 3.9% | |
| -0.5 to -0.4 | 307 | 4.5% | |
| -0.4 to -0.3 | 306 | 4.5% | |
| -0.3 to -0.2 | 293 | 4.3% | |
| -0.2 to -0.1 | 293 | 4.3% | |
| -0.1 to 0.0 | 314 | 4.6% | |
| 0.0 to 0.1 | 313 | 4.6% | |
| 0.1 to 0.2 | 339 | 5.0% | |
| 0.2 to 0.3 | 338 | 5.0% | |
| 0.3 to 0.4 | 332 | 4.9% | |
| 0.4 to 0.5 | 332 | 4.9% | |
| 0.5 to 0.6 | 574 | 8.4% | |
| 0.6 to 0.7 | 573 | 8.4% | |
| 0.7 to 0.8 | 857 | 12.6% | |
| 0.8 to 0.9 | 857 | 12.6% | |
| 0.9 to 1.0 | 112 | 1.6% |
Frequently asked questions
What is the average correlation of ACGLO?
Arch Capital Group Ltd. Depositary Shares Each Representing 1/1,000th Interest in a Share of 5.45% Non-Cumulative Preferred Shares, Series F (ACGLO) has an average correlation of about 0.261 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ACGLO positively correlated with other stocks?
Mostly yes — 68% of pairs are positive and 32% are negative. Strong positive correlations (≥0.7) make up 26.8%.
What is the most common correlation range for ACGLO?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 27.8% of all pairs.
Explore the full interactive correlation distribution for ACGLO.
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