AMC Networks Inc. Class A (AMCX) Correlation Distribution
Across 6,809 rolling correlation observations between AMC Networks Inc. Class A (AMCX) and other NASDAQ-listed stocks, 70% are positive and 30% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.306, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 36.3% and strong negative correlations (≤−0.7) for 4.1%.
- Total observations
- 6,809
- Mean correlation
- 0.306
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70%
- Strong positive (≥0.7)
- 36.3%
- Sector
- Cable & Other Pay Television Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 140 | 2.1% | |
| -0.8 to -0.7 | 140 | 2.1% | |
| -0.7 to -0.6 | 326 | 4.8% | |
| -0.6 to -0.5 | 325 | 4.8% | |
| -0.5 to -0.4 | 241 | 3.5% | |
| -0.4 to -0.3 | 240 | 3.5% | |
| -0.3 to -0.2 | 213 | 3.1% | |
| -0.2 to -0.1 | 213 | 3.1% | |
| -0.1 to 0.0 | 200 | 2.9% | |
| 0.0 to 0.1 | 200 | 2.9% | |
| 0.1 to 0.2 | 226 | 3.3% | |
| 0.2 to 0.3 | 226 | 3.3% | |
| 0.3 to 0.4 | 296 | 4.3% | |
| 0.4 to 0.5 | 296 | 4.3% | |
| 0.5 to 0.6 | 527 | 7.7% | |
| 0.6 to 0.7 | 527 | 7.7% | |
| 0.7 to 0.8 | 1,096 | 16.1% | |
| 0.8 to 0.9 | 1,096 | 16.1% | |
| 0.9 to 1.0 | 279 | 4.1% |
Frequently asked questions
What is the average correlation of AMCX?
AMC Networks Inc. Class A (AMCX) has an average correlation of about 0.306 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AMCX positively correlated with other stocks?
Mostly yes — 70% of pairs are positive and 30% are negative. Strong positive correlations (≥0.7) make up 36.3%.
What is the most common correlation range for AMCX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.8% of all pairs.
Explore the full interactive correlation distribution for AMCX.
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