AstroNova, Inc. Common Stock (ALOT) Correlation Distribution
Across 6,807 rolling correlation observations between AstroNova, Inc. Common Stock (ALOT) and other NASDAQ-listed stocks, 63.6% are positive and 36.4% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.112, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.9% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,807
- Mean correlation
- 0.112
- Most common range
- 0.1 to 0.2
- Positive pairs
- 63.6%
- Strong positive (≥0.7)
- 1.9%
- Sector
- Computer Peripheral Equipment, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 8 | 0.1% | |
| -0.8 to -0.7 | 8 | 0.1% | |
| -0.7 to -0.6 | 79 | 1.2% | |
| -0.6 to -0.5 | 78 | 1.1% | |
| -0.5 to -0.4 | 242 | 3.6% | |
| -0.4 to -0.3 | 242 | 3.6% | |
| -0.3 to -0.2 | 536 | 7.9% | |
| -0.2 to -0.1 | 536 | 7.9% | |
| -0.1 to 0.0 | 752 | 11.0% | |
| 0.0 to 0.1 | 752 | 11.0% | |
| 0.1 to 0.2 | 814 | 12.0% | |
| 0.2 to 0.3 | 813 | 11.9% | |
| 0.3 to 0.4 | 601 | 8.8% | |
| 0.4 to 0.5 | 600 | 8.8% | |
| 0.5 to 0.6 | 309 | 4.5% | |
| 0.6 to 0.7 | 309 | 4.5% | |
| 0.7 to 0.8 | 64 | 0.9% | |
| 0.8 to 0.9 | 64 | 0.9% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ALOT?
AstroNova, Inc. Common Stock (ALOT) has an average correlation of about 0.112 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is ALOT positively correlated with other stocks?
Mostly yes — 63.6% of pairs are positive and 36.4% are negative. Strong positive correlations (≥0.7) make up 1.9%.
What is the most common correlation range for ALOT?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 61.7% of all pairs.
Explore the full interactive correlation distribution for ALOT.
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