AMSWA (AMSWA) Correlation Distribution
Across 6,773 rolling correlation observations between AMSWA (AMSWA) and other NASDAQ-listed stocks, 73.5% are positive and 26.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.328, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 33.2% and strong negative correlations (≤−0.7) for 4.1%.
- Total observations
- 6,773
- Mean correlation
- 0.328
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.5%
- Strong positive (≥0.7)
- 33.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 136 | 2.0% | |
| -0.8 to -0.7 | 135 | 2.0% | |
| -0.7 to -0.6 | 232 | 3.4% | |
| -0.6 to -0.5 | 232 | 3.4% | |
| -0.5 to -0.4 | 238 | 3.5% | |
| -0.4 to -0.3 | 238 | 3.5% | |
| -0.3 to -0.2 | 200 | 3.0% | |
| -0.2 to -0.1 | 199 | 2.9% | |
| -0.1 to 0.0 | 180 | 2.7% | |
| 0.0 to 0.1 | 179 | 2.6% | |
| 0.1 to 0.2 | 266 | 3.9% | |
| 0.2 to 0.3 | 265 | 3.9% | |
| 0.3 to 0.4 | 396 | 5.8% | |
| 0.4 to 0.5 | 396 | 5.8% | |
| 0.5 to 0.6 | 614 | 9.1% | |
| 0.6 to 0.7 | 614 | 9.1% | |
| 0.7 to 0.8 | 1,009 | 14.9% | |
| 0.8 to 0.9 | 1,009 | 14.9% | |
| 0.9 to 1.0 | 230 | 3.4% |
Frequently asked questions
What is the average correlation of AMSWA?
AMSWA (AMSWA) has an average correlation of about 0.328 with other NASDAQ stocks, based on 6,773 pairwise observations.
Is AMSWA positively correlated with other stocks?
Mostly yes — 73.5% of pairs are positive and 26.5% are negative. Strong positive correlations (≥0.7) make up 33.2%.
What is the most common correlation range for AMSWA?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19% of all pairs.
Explore the full interactive correlation distribution for AMSWA.
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