American Financial Group, Inc. 5.625% Subordinated Debentures due 2060 (AFGD) Correlation Distribution
Across 6,809 rolling correlation observations between American Financial Group, Inc. 5.625% Subordinated Debentures due 2060 (AFGD) and other NASDAQ-listed stocks, 69.3% are positive and 30.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.293, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 30.9% and strong negative correlations (≤−0.7) for 1.5%.
- Total observations
- 6,809
- Mean correlation
- 0.293
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.3%
- Strong positive (≥0.7)
- 30.9%
- 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 | 50 | 0.7% | |
| -0.8 to -0.7 | 50 | 0.7% | |
| -0.7 to -0.6 | 274 | 4.0% | |
| -0.6 to -0.5 | 273 | 4.0% | |
| -0.5 to -0.4 | 287 | 4.2% | |
| -0.4 to -0.3 | 287 | 4.2% | |
| -0.3 to -0.2 | 279 | 4.1% | |
| -0.2 to -0.1 | 278 | 4.1% | |
| -0.1 to 0.0 | 313 | 4.6% | |
| 0.0 to 0.1 | 312 | 4.6% | |
| 0.1 to 0.2 | 284 | 4.2% | |
| 0.2 to 0.3 | 283 | 4.2% | |
| 0.3 to 0.4 | 331 | 4.9% | |
| 0.4 to 0.5 | 330 | 4.8% | |
| 0.5 to 0.6 | 537 | 7.9% | |
| 0.6 to 0.7 | 536 | 7.9% | |
| 0.7 to 0.8 | 917 | 13.5% | |
| 0.8 to 0.9 | 917 | 13.5% | |
| 0.9 to 1.0 | 271 | 4.0% |
Frequently asked questions
What is the average correlation of AFGD?
American Financial Group, Inc. 5.625% Subordinated Debentures due 2060 (AFGD) has an average correlation of about 0.293 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AFGD positively correlated with other stocks?
Mostly yes — 69.3% of pairs are positive and 30.7% are negative. Strong positive correlations (≥0.7) make up 30.9%.
What is the most common correlation range for AFGD?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.7% of all pairs.
Explore the full interactive correlation distribution for AFGD.
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