Amkor Technology Inc (AMKR) Correlation Distribution
Across 6,809 rolling correlation observations between Amkor Technology Inc (AMKR) and other NASDAQ-listed stocks, 44.4% are positive and 55.6% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.002, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 4% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- -0.002
- Most common range
- -0.5 to -0.4
- Positive pairs
- 44.4%
- Strong positive (≥0.7)
- 4%
- Sector
- Semiconductors & Related Devices
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 263 | 3.9% | |
| -0.6 to -0.5 | 262 | 3.8% | |
| -0.5 to -0.4 | 715 | 10.5% | |
| -0.4 to -0.3 | 715 | 10.5% | |
| -0.3 to -0.2 | 697 | 10.2% | |
| -0.2 to -0.1 | 697 | 10.2% | |
| -0.1 to 0.0 | 424 | 6.2% | |
| 0.0 to 0.1 | 424 | 6.2% | |
| 0.1 to 0.2 | 364 | 5.3% | |
| 0.2 to 0.3 | 363 | 5.3% | |
| 0.3 to 0.4 | 400 | 5.9% | |
| 0.4 to 0.5 | 400 | 5.9% | |
| 0.5 to 0.6 | 400 | 5.9% | |
| 0.6 to 0.7 | 399 | 5.9% | |
| 0.7 to 0.8 | 137 | 2.0% | |
| 0.8 to 0.9 | 136 | 2.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of AMKR?
Amkor Technology Inc (AMKR) has an average correlation of about -0.002 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AMKR positively correlated with other stocks?
Not predominantly — 44.4% of pairs are positive and 55.6% are negative. Strong positive correlations (≥0.7) make up 4%.
What is the most common correlation range for AMKR?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 43.6% of all pairs.
Explore the full interactive correlation distribution for AMKR.
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