Aptevo Therapeutics Inc (APVO) Correlation Distribution
Across 6,809 rolling correlation observations between Aptevo Therapeutics Inc (APVO) and other NASDAQ-listed stocks, 67.9% are positive and 32.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.288, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.2% and strong negative correlations (≤−0.7) for 3.1%.
- Total observations
- 6,809
- Mean correlation
- 0.288
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.9%
- Strong positive (≥0.7)
- 34.2%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 42 | 0.6% | |
| -0.9 to -0.8 | 86 | 1.3% | |
| -0.8 to -0.7 | 85 | 1.2% | |
| -0.7 to -0.6 | 319 | 4.7% | |
| -0.6 to -0.5 | 318 | 4.7% | |
| -0.5 to -0.4 | 320 | 4.7% | |
| -0.4 to -0.3 | 320 | 4.7% | |
| -0.3 to -0.2 | 238 | 3.5% | |
| -0.2 to -0.1 | 238 | 3.5% | |
| -0.1 to 0.0 | 217 | 3.2% | |
| 0.0 to 0.1 | 216 | 3.2% | |
| 0.1 to 0.2 | 235 | 3.5% | |
| 0.2 to 0.3 | 235 | 3.5% | |
| 0.3 to 0.4 | 303 | 4.4% | |
| 0.4 to 0.5 | 302 | 4.4% | |
| 0.5 to 0.6 | 502 | 7.4% | |
| 0.6 to 0.7 | 501 | 7.4% | |
| 0.7 to 0.8 | 932 | 13.7% | |
| 0.8 to 0.9 | 931 | 13.7% | |
| 0.9 to 1.0 | 469 | 6.9% |
Frequently asked questions
What is the average correlation of APVO?
Aptevo Therapeutics Inc (APVO) has an average correlation of about 0.288 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is APVO positively correlated with other stocks?
Mostly yes — 67.9% of pairs are positive and 32.1% are negative. Strong positive correlations (≥0.7) make up 34.2%.
What is the most common correlation range for APVO?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.3% of all pairs.
Explore the full interactive correlation distribution for APVO.
Open interactive dashboard →