Akso Health Group ADS (AHG) Correlation Distribution
Across 6,789 rolling correlation observations between Akso Health Group ADS (AHG) and other NASDAQ-listed stocks, 72.2% are positive and 27.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.17, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,789
- Mean correlation
- 0.17
- Most common range
- 0.3 to 0.4
- Positive pairs
- 72.2%
- Strong positive (≥0.7)
- 2.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 19 | 0.3% | |
| -0.8 to -0.7 | 19 | 0.3% | |
| -0.7 to -0.6 | 124 | 1.8% | |
| -0.6 to -0.5 | 123 | 1.8% | |
| -0.5 to -0.4 | 219 | 3.2% | |
| -0.4 to -0.3 | 219 | 3.2% | |
| -0.3 to -0.2 | 315 | 4.6% | |
| -0.2 to -0.1 | 314 | 4.6% | |
| -0.1 to 0.0 | 532 | 7.8% | |
| 0.0 to 0.1 | 531 | 7.8% | |
| 0.1 to 0.2 | 838 | 12.3% | |
| 0.2 to 0.3 | 838 | 12.3% | |
| 0.3 to 0.4 | 880 | 13.0% | |
| 0.4 to 0.5 | 879 | 12.9% | |
| 0.5 to 0.6 | 396 | 5.8% | |
| 0.6 to 0.7 | 396 | 5.8% | |
| 0.7 to 0.8 | 68 | 1.0% | |
| 0.8 to 0.9 | 67 | 1.0% | |
| 0.9 to 1.0 | 12 | 0.2% |
Frequently asked questions
What is the average correlation of AHG?
Akso Health Group ADS (AHG) has an average correlation of about 0.17 with other NASDAQ stocks, based on 6,789 pairwise observations.
Is AHG positively correlated with other stocks?
Mostly yes — 72.2% of pairs are positive and 27.8% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for AHG?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 49.6% of all pairs.
Explore the full interactive correlation distribution for AHG.
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