APMIW (APMIW) Correlation Distribution
Across 5,263 rolling correlation observations between APMIW (APMIW) and other NASDAQ-listed stocks, 79.3% are positive and 20.7% are negative. The most common correlation range is 0.9 to 1.0, and the average pairwise correlation is 0.473, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 53.4% and strong negative correlations (≤−0.7) for 4%.
- Total observations
- 5,263
- Mean correlation
- 0.473
- Most common range
- 0.9 to 1.0
- Positive pairs
- 79.3%
- Strong positive (≥0.7)
- 53.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 12 | 0.2% | |
| -0.9 to -0.8 | 101 | 1.9% | |
| -0.8 to -0.7 | 100 | 1.9% | |
| -0.7 to -0.6 | 127 | 2.4% | |
| -0.6 to -0.5 | 126 | 2.4% | |
| -0.5 to -0.4 | 124 | 2.4% | |
| -0.4 to -0.3 | 123 | 2.3% | |
| -0.3 to -0.2 | 127 | 2.4% | |
| -0.2 to -0.1 | 126 | 2.4% | |
| -0.1 to 0.0 | 123 | 2.3% | |
| 0.0 to 0.1 | 122 | 2.3% | |
| 0.1 to 0.2 | 146 | 2.8% | |
| 0.2 to 0.3 | 146 | 2.8% | |
| 0.3 to 0.4 | 178 | 3.4% | |
| 0.4 to 0.5 | 178 | 3.4% | |
| 0.5 to 0.6 | 298 | 5.7% | |
| 0.6 to 0.7 | 297 | 5.6% | |
| 0.7 to 0.8 | 876 | 16.6% | |
| 0.8 to 0.9 | 875 | 16.6% | |
| 0.9 to 1.0 | 1,058 | 20.1% |
Frequently asked questions
What is the average correlation of APMIW?
APMIW (APMIW) has an average correlation of about 0.473 with other NASDAQ stocks, based on 5,263 pairwise observations.
Is APMIW positively correlated with other stocks?
Mostly yes — 79.3% of pairs are positive and 20.7% are negative. Strong positive correlations (≥0.7) make up 53.4%.
What is the most common correlation range for APMIW?
The most common range is 0.9 to 1.0. Weak correlations (−0.3 to 0.3) account for 15% of all pairs.
Explore the full interactive correlation distribution for APMIW.
Open interactive dashboard →