American Financial Group, Inc. 4.500% Subordinated Debentures due 2060 (AFGE) Correlation Distribution
Across 6,796 rolling correlation observations between American Financial Group, Inc. 4.500% Subordinated Debentures due 2060 (AFGE) and other NASDAQ-listed stocks, 68.9% are positive and 31.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.307, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 36.5% and strong negative correlations (≤−0.7) for 3.7%.
- Total observations
- 6,796
- Mean correlation
- 0.307
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.9%
- Strong positive (≥0.7)
- 36.5%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 8 | 0.1% | |
| -0.9 to -0.8 | 121 | 1.8% | |
| -0.8 to -0.7 | 120 | 1.8% | |
| -0.7 to -0.6 | 277 | 4.1% | |
| -0.6 to -0.5 | 276 | 4.1% | |
| -0.5 to -0.4 | 263 | 3.9% | |
| -0.4 to -0.3 | 262 | 3.9% | |
| -0.3 to -0.2 | 272 | 4.0% | |
| -0.2 to -0.1 | 272 | 4.0% | |
| -0.1 to 0.0 | 245 | 3.6% | |
| 0.0 to 0.1 | 245 | 3.6% | |
| 0.1 to 0.2 | 248 | 3.6% | |
| 0.2 to 0.3 | 248 | 3.6% | |
| 0.3 to 0.4 | 292 | 4.3% | |
| 0.4 to 0.5 | 292 | 4.3% | |
| 0.5 to 0.6 | 439 | 6.5% | |
| 0.6 to 0.7 | 438 | 6.4% | |
| 0.7 to 0.8 | 923 | 13.6% | |
| 0.8 to 0.9 | 922 | 13.6% | |
| 0.9 to 1.0 | 633 | 9.3% |
Frequently asked questions
What is the average correlation of AFGE?
American Financial Group, Inc. 4.500% Subordinated Debentures due 2060 (AFGE) has an average correlation of about 0.307 with other NASDAQ stocks, based on 6,796 pairwise observations.
Is AFGE positively correlated with other stocks?
Mostly yes — 68.9% of pairs are positive and 31.1% are negative. Strong positive correlations (≥0.7) make up 36.5%.
What is the most common correlation range for AFGE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.5% of all pairs.
Explore the full interactive correlation distribution for AFGE.
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