APTM (APTM) Correlation Distribution
Across 6,061 rolling correlation observations between APTM (APTM) and other NASDAQ-listed stocks, 27.5% are positive and 72.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.282, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 10.2% and strong negative correlations (≤−0.7) for 26.5%.
- Total observations
- 6,061
- Mean correlation
- -0.282
- Most common range
- -0.7 to -0.6
- Positive pairs
- 27.5%
- Strong positive (≥0.7)
- 10.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 140 | 2.3% | |
| -0.9 to -0.8 | 734 | 12.1% | |
| -0.8 to -0.7 | 733 | 12.1% | |
| -0.7 to -0.6 | 772 | 12.7% | |
| -0.6 to -0.5 | 772 | 12.7% | |
| -0.5 to -0.4 | 338 | 5.6% | |
| -0.4 to -0.3 | 337 | 5.6% | |
| -0.3 to -0.2 | 203 | 3.3% | |
| -0.2 to -0.1 | 202 | 3.3% | |
| -0.1 to 0.0 | 165 | 2.7% | |
| 0.0 to 0.1 | 165 | 2.7% | |
| 0.1 to 0.2 | 158 | 2.6% | |
| 0.2 to 0.3 | 157 | 2.6% | |
| 0.3 to 0.4 | 132 | 2.2% | |
| 0.4 to 0.5 | 132 | 2.2% | |
| 0.5 to 0.6 | 152 | 2.5% | |
| 0.6 to 0.7 | 151 | 2.5% | |
| 0.7 to 0.8 | 217 | 3.6% | |
| 0.8 to 0.9 | 217 | 3.6% | |
| 0.9 to 1.0 | 184 | 3.0% |
Frequently asked questions
What is the average correlation of APTM?
APTM (APTM) has an average correlation of about -0.282 with other NASDAQ stocks, based on 6,061 pairwise observations.
Is APTM positively correlated with other stocks?
Not predominantly — 27.5% of pairs are positive and 72.5% are negative. Strong positive correlations (≥0.7) make up 10.2%.
What is the most common correlation range for APTM?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 17.3% of all pairs.
Explore the full interactive correlation distribution for APTM.
Open interactive dashboard →