AutoNation, Inc. (AN) Correlation Distribution
Across 6,809 rolling correlation observations between AutoNation, Inc. (AN) and other NASDAQ-listed stocks, 39.9% are positive and 60.1% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.099, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.4% and strong negative correlations (≤−0.7) for 15.4%.
- Total observations
- 6,809
- Mean correlation
- -0.099
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.9%
- Strong positive (≥0.7)
- 16.4%
- Sector
- Retail-Auto Dealers & Gasoline Stations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 520 | 7.6% | |
| -0.8 to -0.7 | 520 | 7.6% | |
| -0.7 to -0.6 | 726 | 10.7% | |
| -0.6 to -0.5 | 725 | 10.6% | |
| -0.5 to -0.4 | 437 | 6.4% | |
| -0.4 to -0.3 | 436 | 6.4% | |
| -0.3 to -0.2 | 251 | 3.7% | |
| -0.2 to -0.1 | 250 | 3.7% | |
| -0.1 to 0.0 | 222 | 3.3% | |
| 0.0 to 0.1 | 222 | 3.3% | |
| 0.1 to 0.2 | 208 | 3.1% | |
| 0.2 to 0.3 | 208 | 3.1% | |
| 0.3 to 0.4 | 212 | 3.1% | |
| 0.4 to 0.5 | 211 | 3.1% | |
| 0.5 to 0.6 | 269 | 4.0% | |
| 0.6 to 0.7 | 268 | 3.9% | |
| 0.7 to 0.8 | 503 | 7.4% | |
| 0.8 to 0.9 | 502 | 7.4% | |
| 0.9 to 1.0 | 113 | 1.7% |
Frequently asked questions
What is the average correlation of AN?
AutoNation, Inc. (AN) has an average correlation of about -0.099 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AN positively correlated with other stocks?
Not predominantly — 39.9% of pairs are positive and 60.1% are negative. Strong positive correlations (≥0.7) make up 16.4%.
What is the most common correlation range for AN?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 20% of all pairs.
Explore the full interactive correlation distribution for AN.
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