Aecom (ACM) Correlation Distribution
Across 6,809 rolling correlation observations between Aecom (ACM) and other NASDAQ-listed stocks, 39.7% are positive and 60.3% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.108, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 16.8% and strong negative correlations (≤−0.7) for 17.5%.
- Total observations
- 6,809
- Mean correlation
- -0.108
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.7%
- Strong positive (≥0.7)
- 16.8%
- Sector
- Services-Engineering Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 12 | 0.2% | |
| -0.9 to -0.8 | 591 | 8.7% | |
| -0.8 to -0.7 | 590 | 8.7% | |
| -0.7 to -0.6 | 727 | 10.7% | |
| -0.6 to -0.5 | 726 | 10.7% | |
| -0.5 to -0.4 | 398 | 5.8% | |
| -0.4 to -0.3 | 398 | 5.8% | |
| -0.3 to -0.2 | 227 | 3.3% | |
| -0.2 to -0.1 | 227 | 3.3% | |
| -0.1 to 0.0 | 207 | 3.0% | |
| 0.0 to 0.1 | 207 | 3.0% | |
| 0.1 to 0.2 | 204 | 3.0% | |
| 0.2 to 0.3 | 203 | 3.0% | |
| 0.3 to 0.4 | 211 | 3.1% | |
| 0.4 to 0.5 | 211 | 3.1% | |
| 0.5 to 0.6 | 264 | 3.9% | |
| 0.6 to 0.7 | 263 | 3.9% | |
| 0.7 to 0.8 | 498 | 7.3% | |
| 0.8 to 0.9 | 497 | 7.3% | |
| 0.9 to 1.0 | 148 | 2.2% |
Frequently asked questions
What is the average correlation of ACM?
Aecom (ACM) has an average correlation of about -0.108 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ACM positively correlated with other stocks?
Not predominantly — 39.7% of pairs are positive and 60.3% are negative. Strong positive correlations (≥0.7) make up 16.8%.
What is the most common correlation range for ACM?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.7% of all pairs.
Explore the full interactive correlation distribution for ACM.
Open interactive dashboard →