Arteris, Inc. Common Stock (AIP) Correlation Distribution
Across 6,797 rolling correlation observations between Arteris, Inc. Common Stock (AIP) and other NASDAQ-listed stocks, 74.1% are positive and 25.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.339, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 28.4% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,797
- Mean correlation
- 0.339
- Most common range
- 0.7 to 0.8
- Positive pairs
- 74.1%
- Strong positive (≥0.7)
- 28.4%
- Sector
- Semiconductors & Related Devices
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 105 | 1.5% | |
| -0.6 to -0.5 | 105 | 1.5% | |
| -0.5 to -0.4 | 241 | 3.5% | |
| -0.4 to -0.3 | 241 | 3.5% | |
| -0.3 to -0.2 | 352 | 5.2% | |
| -0.2 to -0.1 | 352 | 5.2% | |
| -0.1 to 0.0 | 351 | 5.2% | |
| 0.0 to 0.1 | 351 | 5.2% | |
| 0.1 to 0.2 | 354 | 5.2% | |
| 0.2 to 0.3 | 353 | 5.2% | |
| 0.3 to 0.4 | 430 | 6.3% | |
| 0.4 to 0.5 | 429 | 6.3% | |
| 0.5 to 0.6 | 594 | 8.7% | |
| 0.6 to 0.7 | 594 | 8.7% | |
| 0.7 to 0.8 | 852 | 12.5% | |
| 0.8 to 0.9 | 852 | 12.5% | |
| 0.9 to 1.0 | 228 | 3.4% |
Frequently asked questions
What is the average correlation of AIP?
Arteris, Inc. Common Stock (AIP) has an average correlation of about 0.339 with other NASDAQ stocks, based on 6,797 pairwise observations.
Is AIP positively correlated with other stocks?
Mostly yes — 74.1% of pairs are positive and 25.9% are negative. Strong positive correlations (≥0.7) make up 28.4%.
What is the most common correlation range for AIP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 31.1% of all pairs.
Explore the full interactive correlation distribution for AIP.
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