Autoliv, Inc. (ALV) Correlation Distribution
Across 6,809 rolling correlation observations between Autoliv, Inc. (ALV) and other NASDAQ-listed stocks, 54.1% are positive and 45.9% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.072, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.1% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.072
- Most common range
- -0.1 to 0.0
- Positive pairs
- 54.1%
- Strong positive (≥0.7)
- 2.1%
- Sector
- Motor Vehicle Parts & Accessories
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 13 | 0.2% | |
| -0.8 to -0.7 | 13 | 0.2% | |
| -0.7 to -0.6 | 108 | 1.6% | |
| -0.6 to -0.5 | 107 | 1.6% | |
| -0.5 to -0.4 | 344 | 5.1% | |
| -0.4 to -0.3 | 343 | 5.0% | |
| -0.3 to -0.2 | 731 | 10.7% | |
| -0.2 to -0.1 | 730 | 10.7% | |
| -0.1 to 0.0 | 733 | 10.8% | |
| 0.0 to 0.1 | 732 | 10.8% | |
| 0.1 to 0.2 | 487 | 7.2% | |
| 0.2 to 0.3 | 487 | 7.2% | |
| 0.3 to 0.4 | 521 | 7.7% | |
| 0.4 to 0.5 | 520 | 7.6% | |
| 0.5 to 0.6 | 398 | 5.8% | |
| 0.6 to 0.7 | 397 | 5.8% | |
| 0.7 to 0.8 | 72 | 1.1% | |
| 0.8 to 0.9 | 72 | 1.1% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of ALV?
Autoliv, Inc. (ALV) has an average correlation of about 0.072 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ALV positively correlated with other stocks?
Mostly yes — 54.1% of pairs are positive and 45.9% are negative. Strong positive correlations (≥0.7) make up 2.1%.
What is the most common correlation range for ALV?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 57.3% of all pairs.
Explore the full interactive correlation distribution for ALV.
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