AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7 percent Series C Fixed-To-Floating Rate Cumulative Redeemable Preferred Stock (AGNCN) Correlation Distribution
Across 6,809 rolling correlation observations between AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7 percent Series C Fixed-To-Floating Rate Cumulative Redeemable Preferred Stock (AGNCN) and other NASDAQ-listed stocks, 69.9% are positive and 30.1% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.159, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.5% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.159
- Most common range
- 0.1 to 0.2
- Positive pairs
- 69.9%
- Strong positive (≥0.7)
- 1.5%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 14 | 0.2% | |
| -0.8 to -0.7 | 14 | 0.2% | |
| -0.7 to -0.6 | 98 | 1.4% | |
| -0.6 to -0.5 | 97 | 1.4% | |
| -0.5 to -0.4 | 187 | 2.7% | |
| -0.4 to -0.3 | 186 | 2.7% | |
| -0.3 to -0.2 | 389 | 5.7% | |
| -0.2 to -0.1 | 388 | 5.7% | |
| -0.1 to 0.0 | 679 | 10.0% | |
| 0.0 to 0.1 | 678 | 10.0% | |
| 0.1 to 0.2 | 793 | 11.6% | |
| 0.2 to 0.3 | 792 | 11.6% | |
| 0.3 to 0.4 | 759 | 11.1% | |
| 0.4 to 0.5 | 759 | 11.1% | |
| 0.5 to 0.6 | 438 | 6.4% | |
| 0.6 to 0.7 | 438 | 6.4% | |
| 0.7 to 0.8 | 50 | 0.7% | |
| 0.8 to 0.9 | 50 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of AGNCN?
AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7 percent Series C Fixed-To-Floating Rate Cumulative Redeemable Preferred Stock (AGNCN) has an average correlation of about 0.159 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AGNCN positively correlated with other stocks?
Mostly yes — 69.9% of pairs are positive and 30.1% are negative. Strong positive correlations (≥0.7) make up 1.5%.
What is the most common correlation range for AGNCN?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 54.6% of all pairs.
Explore the full interactive correlation distribution for AGNCN.
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