The Allstate Corporation (ALL) Correlation Distribution
Across 6,809 rolling correlation observations between The Allstate Corporation (ALL) and other NASDAQ-listed stocks, 41.7% are positive and 58.3% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.029, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 14.4% and strong negative correlations (≤−0.7) for 4.4%.
- Total observations
- 6,809
- Mean correlation
- -0.029
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.7%
- Strong positive (≥0.7)
- 14.4%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 7 | 0.1% | |
| -0.9 to -0.8 | 148 | 2.2% | |
| -0.8 to -0.7 | 148 | 2.2% | |
| -0.7 to -0.6 | 552 | 8.1% | |
| -0.6 to -0.5 | 551 | 8.1% | |
| -0.5 to -0.4 | 707 | 10.4% | |
| -0.4 to -0.3 | 707 | 10.4% | |
| -0.3 to -0.2 | 429 | 6.3% | |
| -0.2 to -0.1 | 429 | 6.3% | |
| -0.1 to 0.0 | 292 | 4.3% | |
| 0.0 to 0.1 | 292 | 4.3% | |
| 0.1 to 0.2 | 249 | 3.7% | |
| 0.2 to 0.3 | 248 | 3.6% | |
| 0.3 to 0.4 | 245 | 3.6% | |
| 0.4 to 0.5 | 245 | 3.6% | |
| 0.5 to 0.6 | 289 | 4.2% | |
| 0.6 to 0.7 | 288 | 4.2% | |
| 0.7 to 0.8 | 428 | 6.3% | |
| 0.8 to 0.9 | 428 | 6.3% | |
| 0.9 to 1.0 | 127 | 1.9% |
Frequently asked questions
What is the average correlation of ALL?
The Allstate Corporation (ALL) has an average correlation of about -0.029 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ALL positively correlated with other stocks?
Not predominantly — 41.7% of pairs are positive and 58.3% are negative. Strong positive correlations (≥0.7) make up 14.4%.
What is the most common correlation range for ALL?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 28.5% of all pairs.
Explore the full interactive correlation distribution for ALL.
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