Argo Group US, Inc. 6.500% Senior Notes due 2042 (ARGD) Correlation Distribution
Across 6,807 rolling correlation observations between Argo Group US, Inc. 6.500% Senior Notes due 2042 (ARGD) and other NASDAQ-listed stocks, 67.4% are positive and 32.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.268, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 32% and strong negative correlations (≤−0.7) for 3.5%.
- Total observations
- 6,807
- Mean correlation
- 0.268
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.4%
- Strong positive (≥0.7)
- 32%
- Sector
- Title Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 117 | 1.7% | |
| -0.8 to -0.7 | 116 | 1.7% | |
| -0.7 to -0.6 | 324 | 4.8% | |
| -0.6 to -0.5 | 324 | 4.8% | |
| -0.5 to -0.4 | 290 | 4.3% | |
| -0.4 to -0.3 | 290 | 4.3% | |
| -0.3 to -0.2 | 258 | 3.8% | |
| -0.2 to -0.1 | 257 | 3.8% | |
| -0.1 to 0.0 | 239 | 3.5% | |
| 0.0 to 0.1 | 239 | 3.5% | |
| 0.1 to 0.2 | 264 | 3.9% | |
| 0.2 to 0.3 | 264 | 3.9% | |
| 0.3 to 0.4 | 308 | 4.5% | |
| 0.4 to 0.5 | 308 | 4.5% | |
| 0.5 to 0.6 | 515 | 7.6% | |
| 0.6 to 0.7 | 514 | 7.6% | |
| 0.7 to 0.8 | 1,010 | 14.8% | |
| 0.8 to 0.9 | 1,009 | 14.8% | |
| 0.9 to 1.0 | 159 | 2.3% |
Frequently asked questions
What is the average correlation of ARGD?
Argo Group US, Inc. 6.500% Senior Notes due 2042 (ARGD) has an average correlation of about 0.268 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is ARGD positively correlated with other stocks?
Mostly yes — 67.4% of pairs are positive and 32.6% are negative. Strong positive correlations (≥0.7) make up 32%.
What is the most common correlation range for ARGD?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.3% of all pairs.
Explore the full interactive correlation distribution for ARGD.
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