AirNet Technology Inc. Ordinary Share (ANTE) Correlation Distribution
Across 6,807 rolling correlation observations between AirNet Technology Inc. Ordinary Share (ANTE) and other NASDAQ-listed stocks, 70.5% are positive and 29.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.319, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 36.5% and strong negative correlations (≤−0.7) for 2.8%.
- Total observations
- 6,807
- Mean correlation
- 0.319
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.5%
- Strong positive (≥0.7)
- 36.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 95 | 1.4% | |
| -0.8 to -0.7 | 94 | 1.4% | |
| -0.7 to -0.6 | 301 | 4.4% | |
| -0.6 to -0.5 | 301 | 4.4% | |
| -0.5 to -0.4 | 273 | 4.0% | |
| -0.4 to -0.3 | 273 | 4.0% | |
| -0.3 to -0.2 | 222 | 3.3% | |
| -0.2 to -0.1 | 221 | 3.2% | |
| -0.1 to 0.0 | 229 | 3.4% | |
| 0.0 to 0.1 | 228 | 3.3% | |
| 0.1 to 0.2 | 216 | 3.2% | |
| 0.2 to 0.3 | 216 | 3.2% | |
| 0.3 to 0.4 | 312 | 4.6% | |
| 0.4 to 0.5 | 311 | 4.6% | |
| 0.5 to 0.6 | 516 | 7.6% | |
| 0.6 to 0.7 | 515 | 7.6% | |
| 0.7 to 0.8 | 1,065 | 15.6% | |
| 0.8 to 0.9 | 1,065 | 15.6% | |
| 0.9 to 1.0 | 353 | 5.2% |
Frequently asked questions
What is the average correlation of ANTE?
AirNet Technology Inc. Ordinary Share (ANTE) has an average correlation of about 0.319 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is ANTE positively correlated with other stocks?
Mostly yes — 70.5% of pairs are positive and 29.5% are negative. Strong positive correlations (≥0.7) make up 36.5%.
What is the most common correlation range for ANTE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.6% of all pairs.
Explore the full interactive correlation distribution for ANTE.
Open interactive dashboard →