Amedisys Inc (AMED) Correlation Distribution
Across 6,809 rolling correlation observations between Amedisys Inc (AMED) and other NASDAQ-listed stocks, 64.4% are positive and 35.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.249, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.2% and strong negative correlations (≤−0.7) for 4.8%.
- Total observations
- 6,809
- Mean correlation
- 0.249
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64.4%
- Strong positive (≥0.7)
- 34.2%
- Sector
- Services-Home Health Care Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 160 | 2.3% | |
| -0.8 to -0.7 | 159 | 2.3% | |
| -0.7 to -0.6 | 344 | 5.1% | |
| -0.6 to -0.5 | 344 | 5.1% | |
| -0.5 to -0.4 | 323 | 4.7% | |
| -0.4 to -0.3 | 322 | 4.7% | |
| -0.3 to -0.2 | 260 | 3.8% | |
| -0.2 to -0.1 | 260 | 3.8% | |
| -0.1 to 0.0 | 244 | 3.6% | |
| 0.0 to 0.1 | 243 | 3.6% | |
| 0.1 to 0.2 | 236 | 3.5% | |
| 0.2 to 0.3 | 236 | 3.5% | |
| 0.3 to 0.4 | 281 | 4.1% | |
| 0.4 to 0.5 | 280 | 4.1% | |
| 0.5 to 0.6 | 393 | 5.8% | |
| 0.6 to 0.7 | 393 | 5.8% | |
| 0.7 to 0.8 | 898 | 13.2% | |
| 0.8 to 0.9 | 897 | 13.2% | |
| 0.9 to 1.0 | 531 | 7.8% |
Frequently asked questions
What is the average correlation of AMED?
Amedisys Inc (AMED) has an average correlation of about 0.249 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AMED positively correlated with other stocks?
Mostly yes — 64.4% of pairs are positive and 35.6% are negative. Strong positive correlations (≥0.7) make up 34.2%.
What is the most common correlation range for AMED?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.7% of all pairs.
Explore the full interactive correlation distribution for AMED.
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