Angel Oak Mortgage REIT, Inc. (AOMR) Correlation Distribution
Across 6,806 rolling correlation observations between Angel Oak Mortgage REIT, Inc. (AOMR) and other NASDAQ-listed stocks, 70.8% are positive and 29.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.313, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 31.8% and strong negative correlations (≤−0.7) for 1.3%.
- Total observations
- 6,806
- Mean correlation
- 0.313
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.8%
- Strong positive (≥0.7)
- 31.8%
- Sector
- Real Estate
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 45 | 0.7% | |
| -0.8 to -0.7 | 44 | 0.6% | |
| -0.7 to -0.6 | 195 | 2.9% | |
| -0.6 to -0.5 | 195 | 2.9% | |
| -0.5 to -0.4 | 333 | 4.9% | |
| -0.4 to -0.3 | 332 | 4.9% | |
| -0.3 to -0.2 | 291 | 4.3% | |
| -0.2 to -0.1 | 291 | 4.3% | |
| -0.1 to 0.0 | 263 | 3.9% | |
| 0.0 to 0.1 | 263 | 3.9% | |
| 0.1 to 0.2 | 264 | 3.9% | |
| 0.2 to 0.3 | 263 | 3.9% | |
| 0.3 to 0.4 | 343 | 5.0% | |
| 0.4 to 0.5 | 343 | 5.0% | |
| 0.5 to 0.6 | 589 | 8.7% | |
| 0.6 to 0.7 | 589 | 8.7% | |
| 0.7 to 0.8 | 1,069 | 15.7% | |
| 0.8 to 0.9 | 1,068 | 15.7% | |
| 0.9 to 1.0 | 26 | 0.4% |
Frequently asked questions
What is the average correlation of AOMR?
Angel Oak Mortgage REIT, Inc. (AOMR) has an average correlation of about 0.313 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is AOMR positively correlated with other stocks?
Mostly yes — 70.8% of pairs are positive and 29.2% are negative. Strong positive correlations (≥0.7) make up 31.8%.
What is the most common correlation range for AOMR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24% of all pairs.
Explore the full interactive correlation distribution for AOMR.
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