AIMAW (AIMAW) Correlation Distribution
Across 4,773 rolling correlation observations between AIMAW (AIMAW) and other NASDAQ-listed stocks, 48.4% are positive and 51.6% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.01, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.4% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 4,773
- Mean correlation
- -0.01
- Most common range
- -0.5 to -0.4
- Positive pairs
- 48.4%
- Strong positive (≥0.7)
- 0.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 42 | 0.9% | |
| -0.8 to -0.7 | 42 | 0.9% | |
| -0.7 to -0.6 | 296 | 6.2% | |
| -0.6 to -0.5 | 295 | 6.2% | |
| -0.5 to -0.4 | 406 | 8.5% | |
| -0.4 to -0.3 | 406 | 8.5% | |
| -0.3 to -0.2 | 345 | 7.2% | |
| -0.2 to -0.1 | 345 | 7.2% | |
| -0.1 to 0.0 | 288 | 6.0% | |
| 0.0 to 0.1 | 288 | 6.0% | |
| 0.1 to 0.2 | 310 | 6.5% | |
| 0.2 to 0.3 | 309 | 6.5% | |
| 0.3 to 0.4 | 326 | 6.8% | |
| 0.4 to 0.5 | 326 | 6.8% | |
| 0.5 to 0.6 | 364 | 7.6% | |
| 0.6 to 0.7 | 364 | 7.6% | |
| 0.7 to 0.8 | 11 | 0.2% | |
| 0.8 to 0.9 | 10 | 0.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of AIMAW?
AIMAW (AIMAW) has an average correlation of about -0.01 with other NASDAQ stocks, based on 4,773 pairwise observations.
Is AIMAW positively correlated with other stocks?
Not predominantly — 48.4% of pairs are positive and 51.6% are negative. Strong positive correlations (≥0.7) make up 0.4%.
What is the most common correlation range for AIMAW?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 39.5% of all pairs.
Explore the full interactive correlation distribution for AIMAW.
Open interactive dashboard →