Ameriprise Financial, Inc. (AMP) Correlation Distribution
Across 6,809 rolling correlation observations between Ameriprise Financial, Inc. (AMP) and other NASDAQ-listed stocks, 40.1% are positive and 59.9% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.076, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 17.6% and strong negative correlations (≤−0.7) for 12%.
- Total observations
- 6,809
- Mean correlation
- -0.076
- Most common range
- -0.7 to -0.6
- Positive pairs
- 40.1%
- Strong positive (≥0.7)
- 17.6%
- Sector
- Investment Advice
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 408 | 6.0% | |
| -0.8 to -0.7 | 407 | 6.0% | |
| -0.7 to -0.6 | 777 | 11.4% | |
| -0.6 to -0.5 | 777 | 11.4% | |
| -0.5 to -0.4 | 487 | 7.2% | |
| -0.4 to -0.3 | 486 | 7.1% | |
| -0.3 to -0.2 | 260 | 3.8% | |
| -0.2 to -0.1 | 259 | 3.8% | |
| -0.1 to 0.0 | 213 | 3.1% | |
| 0.0 to 0.1 | 213 | 3.1% | |
| 0.1 to 0.2 | 200 | 2.9% | |
| 0.2 to 0.3 | 200 | 2.9% | |
| 0.3 to 0.4 | 205 | 3.0% | |
| 0.4 to 0.5 | 205 | 3.0% | |
| 0.5 to 0.6 | 256 | 3.8% | |
| 0.6 to 0.7 | 256 | 3.8% | |
| 0.7 to 0.8 | 416 | 6.1% | |
| 0.8 to 0.9 | 416 | 6.1% | |
| 0.9 to 1.0 | 363 | 5.3% |
Frequently asked questions
What is the average correlation of AMP?
Ameriprise Financial, Inc. (AMP) has an average correlation of about -0.076 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AMP positively correlated with other stocks?
Not predominantly — 40.1% of pairs are positive and 59.9% are negative. Strong positive correlations (≥0.7) make up 17.6%.
What is the most common correlation range for AMP?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 19.8% of all pairs.
Explore the full interactive correlation distribution for AMP.
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