American Financial Group, Inc. 5.125% Subordinated Debentures due 2059 (AFGC) Correlation Distribution
Across 6,809 rolling correlation observations between American Financial Group, Inc. 5.125% Subordinated Debentures due 2059 (AFGC) 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 0.279, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 32.9% and strong negative correlations (≤−0.7) for 3.5%.
- Total observations
- 6,809
- Mean correlation
- 0.279
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.2%
- Strong positive (≥0.7)
- 32.9%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 117 | 1.7% | |
| -0.8 to -0.7 | 117 | 1.7% | |
| -0.7 to -0.6 | 308 | 4.5% | |
| -0.6 to -0.5 | 308 | 4.5% | |
| -0.5 to -0.4 | 265 | 3.9% | |
| -0.4 to -0.3 | 264 | 3.9% | |
| -0.3 to -0.2 | 259 | 3.8% | |
| -0.2 to -0.1 | 258 | 3.8% | |
| -0.1 to 0.0 | 266 | 3.9% | |
| 0.0 to 0.1 | 266 | 3.9% | |
| 0.1 to 0.2 | 277 | 4.1% | |
| 0.2 to 0.3 | 277 | 4.1% | |
| 0.3 to 0.4 | 315 | 4.6% | |
| 0.4 to 0.5 | 315 | 4.6% | |
| 0.5 to 0.6 | 480 | 7.0% | |
| 0.6 to 0.7 | 479 | 7.0% | |
| 0.7 to 0.8 | 977 | 14.3% | |
| 0.8 to 0.9 | 976 | 14.3% | |
| 0.9 to 1.0 | 284 | 4.2% |
Frequently asked questions
What is the average correlation of AFGC?
American Financial Group, Inc. 5.125% Subordinated Debentures due 2059 (AFGC) has an average correlation of about 0.279 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AFGC 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 32.9%.
What is the most common correlation range for AFGC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.5% of all pairs.
Explore the full interactive correlation distribution for AFGC.
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