AFT (AFT) Correlation Distribution
Across 6,721 rolling correlation observations between AFT (AFT) and other NASDAQ-listed stocks, 79.9% are positive and 20.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.345, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 17.6% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,721
- Mean correlation
- 0.345
- Most common range
- 0.5 to 0.6
- Positive pairs
- 79.9%
- Strong positive (≥0.7)
- 17.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 26 | 0.4% | |
| -0.8 to -0.7 | 25 | 0.4% | |
| -0.7 to -0.6 | 85 | 1.3% | |
| -0.6 to -0.5 | 85 | 1.3% | |
| -0.5 to -0.4 | 147 | 2.2% | |
| -0.4 to -0.3 | 147 | 2.2% | |
| -0.3 to -0.2 | 249 | 3.7% | |
| -0.2 to -0.1 | 248 | 3.7% | |
| -0.1 to 0.0 | 342 | 5.1% | |
| 0.0 to 0.1 | 341 | 5.1% | |
| 0.1 to 0.2 | 414 | 6.2% | |
| 0.2 to 0.3 | 414 | 6.2% | |
| 0.3 to 0.4 | 641 | 9.5% | |
| 0.4 to 0.5 | 641 | 9.5% | |
| 0.5 to 0.6 | 867 | 12.9% | |
| 0.6 to 0.7 | 867 | 12.9% | |
| 0.7 to 0.8 | 553 | 8.2% | |
| 0.8 to 0.9 | 553 | 8.2% | |
| 0.9 to 1.0 | 76 | 1.1% |
Frequently asked questions
What is the average correlation of AFT?
AFT (AFT) has an average correlation of about 0.345 with other NASDAQ stocks, based on 6,721 pairwise observations.
Is AFT positively correlated with other stocks?
Mostly yes — 79.9% of pairs are positive and 20.1% are negative. Strong positive correlations (≥0.7) make up 17.6%.
What is the most common correlation range for AFT?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.9% of all pairs.
Explore the full interactive correlation distribution for AFT.
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