AE (AE) Correlation Distribution
Across 6,803 rolling correlation observations between AE (AE) and other NASDAQ-listed stocks, 42.8% are positive and 57.2% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.04, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.7% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,803
- Mean correlation
- -0.04
- Most common range
- -0.3 to -0.2
- Positive pairs
- 42.8%
- Strong positive (≥0.7)
- 0.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 2 | 0.0% | |
| -0.7 to -0.6 | 106 | 1.6% | |
| -0.6 to -0.5 | 105 | 1.5% | |
| -0.5 to -0.4 | 696 | 10.2% | |
| -0.4 to -0.3 | 696 | 10.2% | |
| -0.3 to -0.2 | 784 | 11.5% | |
| -0.2 to -0.1 | 784 | 11.5% | |
| -0.1 to 0.0 | 713 | 10.5% | |
| 0.0 to 0.1 | 713 | 10.5% | |
| 0.1 to 0.2 | 571 | 8.4% | |
| 0.2 to 0.3 | 571 | 8.4% | |
| 0.3 to 0.4 | 357 | 5.2% | |
| 0.4 to 0.5 | 357 | 5.2% | |
| 0.5 to 0.6 | 150 | 2.2% | |
| 0.6 to 0.7 | 150 | 2.2% | |
| 0.7 to 0.8 | 23 | 0.3% | |
| 0.8 to 0.9 | 23 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of AE?
AE (AE) has an average correlation of about -0.04 with other NASDAQ stocks, based on 6,803 pairwise observations.
Is AE positively correlated with other stocks?
Not predominantly — 42.8% of pairs are positive and 57.2% are negative. Strong positive correlations (≥0.7) make up 0.7%.
What is the most common correlation range for AE?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 60.8% of all pairs.
Explore the full interactive correlation distribution for AE.
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