Ashford Hospitality Trust, Inc. (AHT) Correlation Distribution
Across 6,809 rolling correlation observations between Ashford Hospitality Trust, Inc. (AHT) and other NASDAQ-listed stocks, 63.6% are positive and 36.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.203, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 25.8% and strong negative correlations (≤−0.7) for 5.4%.
- Total observations
- 6,809
- Mean correlation
- 0.203
- Most common range
- 0.7 to 0.8
- Positive pairs
- 63.6%
- Strong positive (≥0.7)
- 25.8%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 44 | 0.6% | |
| -0.9 to -0.8 | 161 | 2.4% | |
| -0.8 to -0.7 | 160 | 2.3% | |
| -0.7 to -0.6 | 409 | 6.0% | |
| -0.6 to -0.5 | 409 | 6.0% | |
| -0.5 to -0.4 | 298 | 4.4% | |
| -0.4 to -0.3 | 298 | 4.4% | |
| -0.3 to -0.2 | 239 | 3.5% | |
| -0.2 to -0.1 | 239 | 3.5% | |
| -0.1 to 0.0 | 222 | 3.3% | |
| 0.0 to 0.1 | 221 | 3.2% | |
| 0.1 to 0.2 | 248 | 3.6% | |
| 0.2 to 0.3 | 247 | 3.6% | |
| 0.3 to 0.4 | 318 | 4.7% | |
| 0.4 to 0.5 | 318 | 4.7% | |
| 0.5 to 0.6 | 612 | 9.0% | |
| 0.6 to 0.7 | 611 | 9.0% | |
| 0.7 to 0.8 | 821 | 12.1% | |
| 0.8 to 0.9 | 821 | 12.1% | |
| 0.9 to 1.0 | 113 | 1.7% |
Frequently asked questions
What is the average correlation of AHT?
Ashford Hospitality Trust, Inc. (AHT) has an average correlation of about 0.203 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AHT positively correlated with other stocks?
Mostly yes — 63.6% of pairs are positive and 36.4% are negative. Strong positive correlations (≥0.7) make up 25.8%.
What is the most common correlation range for AHT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.8% of all pairs.
Explore the full interactive correlation distribution for AHT.
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