APE (APE) Correlation Distribution
Across 5,463 rolling correlation observations between APE (APE) and other NASDAQ-listed stocks, 65.2% are positive and 34.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.193, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.3% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 5,463
- Mean correlation
- 0.193
- Most common range
- 0.3 to 0.4
- Positive pairs
- 65.2%
- Strong positive (≥0.7)
- 10.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 4 | 0.1% | |
| -0.8 to -0.7 | 3 | 0.1% | |
| -0.7 to -0.6 | 66 | 1.2% | |
| -0.6 to -0.5 | 65 | 1.2% | |
| -0.5 to -0.4 | 320 | 5.9% | |
| -0.4 to -0.3 | 320 | 5.9% | |
| -0.3 to -0.2 | 386 | 7.1% | |
| -0.2 to -0.1 | 385 | 7.0% | |
| -0.1 to 0.0 | 353 | 6.5% | |
| 0.0 to 0.1 | 352 | 6.4% | |
| 0.1 to 0.2 | 373 | 6.8% | |
| 0.2 to 0.3 | 373 | 6.8% | |
| 0.3 to 0.4 | 483 | 8.8% | |
| 0.4 to 0.5 | 482 | 8.8% | |
| 0.5 to 0.6 | 467 | 8.5% | |
| 0.6 to 0.7 | 467 | 8.5% | |
| 0.7 to 0.8 | 274 | 5.0% | |
| 0.8 to 0.9 | 274 | 5.0% | |
| 0.9 to 1.0 | 16 | 0.3% |
Frequently asked questions
What is the average correlation of APE?
APE (APE) has an average correlation of about 0.193 with other NASDAQ stocks, based on 5,463 pairwise observations.
Is APE positively correlated with other stocks?
Mostly yes — 65.2% of pairs are positive and 34.8% are negative. Strong positive correlations (≥0.7) make up 10.3%.
What is the most common correlation range for APE?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 40.7% of all pairs.
Explore the full interactive correlation distribution for APE.
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