Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033 (ASBA) Correlation Distribution
Across 6,180 rolling correlation observations between Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033 (ASBA) and other NASDAQ-listed stocks, 57.7% are positive and 42.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.127, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 16.4% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,180
- Mean correlation
- 0.127
- Most common range
- 0.5 to 0.6
- Positive pairs
- 57.7%
- Strong positive (≥0.7)
- 16.4%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 83 | 1.3% | |
| -0.8 to -0.7 | 82 | 1.3% | |
| -0.7 to -0.6 | 432 | 7.0% | |
| -0.6 to -0.5 | 432 | 7.0% | |
| -0.5 to -0.4 | 382 | 6.2% | |
| -0.4 to -0.3 | 381 | 6.2% | |
| -0.3 to -0.2 | 286 | 4.6% | |
| -0.2 to -0.1 | 286 | 4.6% | |
| -0.1 to 0.0 | 252 | 4.1% | |
| 0.0 to 0.1 | 252 | 4.1% | |
| 0.1 to 0.2 | 263 | 4.3% | |
| 0.2 to 0.3 | 262 | 4.2% | |
| 0.3 to 0.4 | 320 | 5.2% | |
| 0.4 to 0.5 | 319 | 5.2% | |
| 0.5 to 0.6 | 569 | 9.2% | |
| 0.6 to 0.7 | 568 | 9.2% | |
| 0.7 to 0.8 | 504 | 8.2% | |
| 0.8 to 0.9 | 504 | 8.2% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of ASBA?
Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033 (ASBA) has an average correlation of about 0.127 with other NASDAQ stocks, based on 6,180 pairwise observations.
Is ASBA positively correlated with other stocks?
Mostly yes — 57.7% of pairs are positive and 42.3% are negative. Strong positive correlations (≥0.7) make up 16.4%.
What is the most common correlation range for ASBA?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 25.9% of all pairs.
Explore the full interactive correlation distribution for ASBA.
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