American Financial Group, Inc. 5.875% Subordinated Debentures due 2059 (AFGB) Correlation Distribution
Across 6,808 rolling correlation observations between American Financial Group, Inc. 5.875% Subordinated Debentures due 2059 (AFGB) and other NASDAQ-listed stocks, 68.2% are positive and 31.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.266, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 29.6% and strong negative correlations (≤−0.7) for 2.8%.
- Total observations
- 6,808
- Mean correlation
- 0.266
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.2%
- Strong positive (≥0.7)
- 29.6%
- 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 | 96 | 1.4% | |
| -0.8 to -0.7 | 95 | 1.4% | |
| -0.7 to -0.6 | 321 | 4.7% | |
| -0.6 to -0.5 | 320 | 4.7% | |
| -0.5 to -0.4 | 284 | 4.2% | |
| -0.4 to -0.3 | 284 | 4.2% | |
| -0.3 to -0.2 | 259 | 3.8% | |
| -0.2 to -0.1 | 258 | 3.8% | |
| -0.1 to 0.0 | 246 | 3.6% | |
| 0.0 to 0.1 | 246 | 3.6% | |
| 0.1 to 0.2 | 313 | 4.6% | |
| 0.2 to 0.3 | 313 | 4.6% | |
| 0.3 to 0.4 | 340 | 5.0% | |
| 0.4 to 0.5 | 339 | 5.0% | |
| 0.5 to 0.6 | 540 | 7.9% | |
| 0.6 to 0.7 | 540 | 7.9% | |
| 0.7 to 0.8 | 932 | 13.7% | |
| 0.8 to 0.9 | 932 | 13.7% | |
| 0.9 to 1.0 | 150 | 2.2% |
Frequently asked questions
What is the average correlation of AFGB?
American Financial Group, Inc. 5.875% Subordinated Debentures due 2059 (AFGB) has an average correlation of about 0.266 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is AFGB positively correlated with other stocks?
Mostly yes — 68.2% of pairs are positive and 31.8% are negative. Strong positive correlations (≥0.7) make up 29.6%.
What is the most common correlation range for AFGB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24% of all pairs.
Explore the full interactive correlation distribution for AFGB.
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