AGBAW (AGBAW) Correlation Distribution
Across 6,484 rolling correlation observations between AGBAW (AGBAW) and other NASDAQ-listed stocks, 65.5% are positive and 34.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.199, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.8% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,484
- Mean correlation
- 0.199
- Most common range
- 0.5 to 0.6
- Positive pairs
- 65.5%
- Strong positive (≥0.7)
- 10.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 23 | 0.4% | |
| -0.8 to -0.7 | 23 | 0.4% | |
| -0.7 to -0.6 | 205 | 3.2% | |
| -0.6 to -0.5 | 204 | 3.1% | |
| -0.5 to -0.4 | 330 | 5.1% | |
| -0.4 to -0.3 | 330 | 5.1% | |
| -0.3 to -0.2 | 384 | 5.9% | |
| -0.2 to -0.1 | 383 | 5.9% | |
| -0.1 to 0.0 | 353 | 5.4% | |
| 0.0 to 0.1 | 352 | 5.4% | |
| 0.1 to 0.2 | 381 | 5.9% | |
| 0.2 to 0.3 | 381 | 5.9% | |
| 0.3 to 0.4 | 471 | 7.3% | |
| 0.4 to 0.5 | 471 | 7.3% | |
| 0.5 to 0.6 | 747 | 11.5% | |
| 0.6 to 0.7 | 746 | 11.5% | |
| 0.7 to 0.8 | 330 | 5.1% | |
| 0.8 to 0.9 | 329 | 5.1% | |
| 0.9 to 1.0 | 41 | 0.6% |
Frequently asked questions
What is the average correlation of AGBAW?
AGBAW (AGBAW) has an average correlation of about 0.199 with other NASDAQ stocks, based on 6,484 pairwise observations.
Is AGBAW positively correlated with other stocks?
Mostly yes — 65.5% of pairs are positive and 34.5% are negative. Strong positive correlations (≥0.7) make up 10.8%.
What is the most common correlation range for AGBAW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 34.5% of all pairs.
Explore the full interactive correlation distribution for AGBAW.
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