AMERICAN HOMES 4 RENT (AMH) Correlation Distribution
Across 6,809 rolling correlation observations between AMERICAN HOMES 4 RENT (AMH) and other NASDAQ-listed stocks, 71.9% are positive and 28.1% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.197, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.6% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,809
- Mean correlation
- 0.197
- Most common range
- 0.3 to 0.4
- Positive pairs
- 71.9%
- Strong positive (≥0.7)
- 4.6%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 11 | 0.2% | |
| -0.8 to -0.7 | 10 | 0.1% | |
| -0.7 to -0.6 | 95 | 1.4% | |
| -0.6 to -0.5 | 94 | 1.4% | |
| -0.5 to -0.4 | 244 | 3.6% | |
| -0.4 to -0.3 | 244 | 3.6% | |
| -0.3 to -0.2 | 357 | 5.2% | |
| -0.2 to -0.1 | 356 | 5.2% | |
| -0.1 to 0.0 | 501 | 7.4% | |
| 0.0 to 0.1 | 501 | 7.4% | |
| 0.1 to 0.2 | 739 | 10.9% | |
| 0.2 to 0.3 | 738 | 10.8% | |
| 0.3 to 0.4 | 746 | 11.0% | |
| 0.4 to 0.5 | 746 | 11.0% | |
| 0.5 to 0.6 | 558 | 8.2% | |
| 0.6 to 0.7 | 557 | 8.2% | |
| 0.7 to 0.8 | 156 | 2.3% | |
| 0.8 to 0.9 | 155 | 2.3% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of AMH?
AMERICAN HOMES 4 RENT (AMH) has an average correlation of about 0.197 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AMH positively correlated with other stocks?
Mostly yes — 71.9% of pairs are positive and 28.1% are negative. Strong positive correlations (≥0.7) make up 4.6%.
What is the most common correlation range for AMH?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 46.9% of all pairs.
Explore the full interactive correlation distribution for AMH.
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