A-Mark Precious Metals, Inc. (AMRK) Correlation Distribution
Across 6,809 rolling correlation observations between A-Mark Precious Metals, Inc. (AMRK) and other NASDAQ-listed stocks, 48.3% are positive and 51.7% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is -0.036, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.3% and strong negative correlations (≤−0.7) for 4.1%.
- Total observations
- 6,809
- Mean correlation
- -0.036
- Most common range
- 0.1 to 0.2
- Positive pairs
- 48.3%
- Strong positive (≥0.7)
- 2.3%
- Sector
- Wholesale-Jewelry, Watches, Precious Stones & Metals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 139 | 2.0% | |
| -0.8 to -0.7 | 138 | 2.0% | |
| -0.7 to -0.6 | 393 | 5.8% | |
| -0.6 to -0.5 | 393 | 5.8% | |
| -0.5 to -0.4 | 504 | 7.4% | |
| -0.4 to -0.3 | 504 | 7.4% | |
| -0.3 to -0.2 | 440 | 6.5% | |
| -0.2 to -0.1 | 440 | 6.5% | |
| -0.1 to 0.0 | 570 | 8.4% | |
| 0.0 to 0.1 | 569 | 8.4% | |
| 0.1 to 0.2 | 584 | 8.6% | |
| 0.2 to 0.3 | 584 | 8.6% | |
| 0.3 to 0.4 | 429 | 6.3% | |
| 0.4 to 0.5 | 428 | 6.3% | |
| 0.5 to 0.6 | 268 | 3.9% | |
| 0.6 to 0.7 | 267 | 3.9% | |
| 0.7 to 0.8 | 80 | 1.2% | |
| 0.8 to 0.9 | 79 | 1.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of AMRK?
A-Mark Precious Metals, Inc. (AMRK) has an average correlation of about -0.036 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AMRK positively correlated with other stocks?
Not predominantly — 48.3% of pairs are positive and 51.7% are negative. Strong positive correlations (≥0.7) make up 2.3%.
What is the most common correlation range for AMRK?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 46.8% of all pairs.
Explore the full interactive correlation distribution for AMRK.
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