Apartment Investment and Management Company (AIV) Correlation Distribution
Across 6,809 rolling correlation observations between Apartment Investment and Management Company (AIV) and other NASDAQ-listed stocks, 38% are positive and 62% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.105, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 0.9% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,809
- Mean correlation
- -0.105
- Most common range
- -0.5 to -0.4
- Positive pairs
- 38%
- Strong positive (≥0.7)
- 0.9%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 52 | 0.8% | |
| -0.8 to -0.7 | 52 | 0.8% | |
| -0.7 to -0.6 | 399 | 5.9% | |
| -0.6 to -0.5 | 399 | 5.9% | |
| -0.5 to -0.4 | 779 | 11.4% | |
| -0.4 to -0.3 | 778 | 11.4% | |
| -0.3 to -0.2 | 639 | 9.4% | |
| -0.2 to -0.1 | 638 | 9.4% | |
| -0.1 to 0.0 | 480 | 7.0% | |
| 0.0 to 0.1 | 479 | 7.0% | |
| 0.1 to 0.2 | 502 | 7.4% | |
| 0.2 to 0.3 | 502 | 7.4% | |
| 0.3 to 0.4 | 364 | 5.3% | |
| 0.4 to 0.5 | 363 | 5.3% | |
| 0.5 to 0.6 | 159 | 2.3% | |
| 0.6 to 0.7 | 159 | 2.3% | |
| 0.7 to 0.8 | 29 | 0.4% | |
| 0.8 to 0.9 | 28 | 0.4% | |
| 0.9 to 1.0 | 4 | 0.1% |
Frequently asked questions
What is the average correlation of AIV?
Apartment Investment and Management Company (AIV) has an average correlation of about -0.105 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AIV positively correlated with other stocks?
Not predominantly — 38% of pairs are positive and 62% are negative. Strong positive correlations (≥0.7) make up 0.9%.
What is the most common correlation range for AIV?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 47.6% of all pairs.
Explore the full interactive correlation distribution for AIV.
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