American Woodmark Corp (AMWD) Correlation Distribution
Across 6,809 rolling correlation observations between American Woodmark Corp (AMWD) and other NASDAQ-listed stocks, 60.9% are positive and 39.1% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.079, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3.3% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,809
- Mean correlation
- 0.079
- Most common range
- 0.1 to 0.2
- Positive pairs
- 60.9%
- Strong positive (≥0.7)
- 3.3%
- Sector
- Millwood, Veneer, Plywood, & Structural Wood Members
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 36 | 0.5% | |
| -0.8 to -0.7 | 35 | 0.5% | |
| -0.7 to -0.6 | 175 | 2.6% | |
| -0.6 to -0.5 | 174 | 2.6% | |
| -0.5 to -0.4 | 335 | 4.9% | |
| -0.4 to -0.3 | 335 | 4.9% | |
| -0.3 to -0.2 | 475 | 7.0% | |
| -0.2 to -0.1 | 474 | 7.0% | |
| -0.1 to 0.0 | 620 | 9.1% | |
| 0.0 to 0.1 | 619 | 9.1% | |
| 0.1 to 0.2 | 825 | 12.1% | |
| 0.2 to 0.3 | 825 | 12.1% | |
| 0.3 to 0.4 | 600 | 8.8% | |
| 0.4 to 0.5 | 600 | 8.8% | |
| 0.5 to 0.6 | 230 | 3.4% | |
| 0.6 to 0.7 | 229 | 3.4% | |
| 0.7 to 0.8 | 103 | 1.5% | |
| 0.8 to 0.9 | 102 | 1.5% | |
| 0.9 to 1.0 | 17 | 0.2% |
Frequently asked questions
What is the average correlation of AMWD?
American Woodmark Corp (AMWD) has an average correlation of about 0.079 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AMWD positively correlated with other stocks?
Mostly yes — 60.9% of pairs are positive and 39.1% are negative. Strong positive correlations (≥0.7) make up 3.3%.
What is the most common correlation range for AMWD?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 56.4% of all pairs.
Explore the full interactive correlation distribution for AMWD.
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