American International Group, Inc. (AIG) Correlation Distribution
Across 6,809 rolling correlation observations between American International Group, Inc. (AIG) and other NASDAQ-listed stocks, 41.2% are positive and 58.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.071, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16% and strong negative correlations (≤−0.7) for 12%.
- Total observations
- 6,809
- Mean correlation
- -0.071
- Most common range
- -0.7 to -0.6
- Positive pairs
- 41.2%
- Strong positive (≥0.7)
- 16%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 406 | 6.0% | |
| -0.8 to -0.7 | 406 | 6.0% | |
| -0.7 to -0.6 | 686 | 10.1% | |
| -0.6 to -0.5 | 685 | 10.1% | |
| -0.5 to -0.4 | 475 | 7.0% | |
| -0.4 to -0.3 | 474 | 7.0% | |
| -0.3 to -0.2 | 311 | 4.6% | |
| -0.2 to -0.1 | 310 | 4.6% | |
| -0.1 to 0.0 | 246 | 3.6% | |
| 0.0 to 0.1 | 245 | 3.6% | |
| 0.1 to 0.2 | 237 | 3.5% | |
| 0.2 to 0.3 | 237 | 3.5% | |
| 0.3 to 0.4 | 217 | 3.2% | |
| 0.4 to 0.5 | 216 | 3.2% | |
| 0.5 to 0.6 | 283 | 4.2% | |
| 0.6 to 0.7 | 283 | 4.2% | |
| 0.7 to 0.8 | 489 | 7.2% | |
| 0.8 to 0.9 | 488 | 7.2% | |
| 0.9 to 1.0 | 112 | 1.6% |
Frequently asked questions
What is the average correlation of AIG?
American International Group, Inc. (AIG) has an average correlation of about -0.071 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AIG positively correlated with other stocks?
Not predominantly — 41.2% of pairs are positive and 58.8% are negative. Strong positive correlations (≥0.7) make up 16%.
What is the most common correlation range for AIG?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 23.3% of all pairs.
Explore the full interactive correlation distribution for AIG.
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