APi Group Corporation (APG) Correlation Distribution
Across 6,809 rolling correlation observations between APi Group Corporation (APG) and other NASDAQ-listed stocks, 40.8% are positive and 59.2% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.05, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.4% and strong negative correlations (≤−0.7) for 6.8%.
- Total observations
- 6,809
- Mean correlation
- -0.05
- Most common range
- -0.7 to -0.6
- Positive pairs
- 40.8%
- Strong positive (≥0.7)
- 15.4%
- Sector
- Services-To Dwellings & Other Buildings
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 231 | 3.4% | |
| -0.8 to -0.7 | 230 | 3.4% | |
| -0.7 to -0.6 | 658 | 9.7% | |
| -0.6 to -0.5 | 658 | 9.7% | |
| -0.5 to -0.4 | 652 | 9.6% | |
| -0.4 to -0.3 | 652 | 9.6% | |
| -0.3 to -0.2 | 342 | 5.0% | |
| -0.2 to -0.1 | 342 | 5.0% | |
| -0.1 to 0.0 | 263 | 3.9% | |
| 0.0 to 0.1 | 262 | 3.8% | |
| 0.1 to 0.2 | 224 | 3.3% | |
| 0.2 to 0.3 | 223 | 3.3% | |
| 0.3 to 0.4 | 223 | 3.3% | |
| 0.4 to 0.5 | 222 | 3.3% | |
| 0.5 to 0.6 | 286 | 4.2% | |
| 0.6 to 0.7 | 286 | 4.2% | |
| 0.7 to 0.8 | 425 | 6.2% | |
| 0.8 to 0.9 | 424 | 6.2% | |
| 0.9 to 1.0 | 202 | 3.0% |
Frequently asked questions
What is the average correlation of APG?
APi Group Corporation (APG) has an average correlation of about -0.05 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is APG positively correlated with other stocks?
Not predominantly — 40.8% of pairs are positive and 59.2% are negative. Strong positive correlations (≥0.7) make up 15.4%.
What is the most common correlation range for APG?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 24.3% of all pairs.
Explore the full interactive correlation distribution for APG.
Open interactive dashboard →