LIBERTY ALL-STAR GROWTH FD (ASG) Correlation Distribution
Across 6,809 rolling correlation observations between LIBERTY ALL-STAR GROWTH FD (ASG) and other NASDAQ-listed stocks, 70% are positive and 30% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.331, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 37.6% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,809
- Mean correlation
- 0.331
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70%
- Strong positive (≥0.7)
- 37.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 64 | 0.9% | |
| -0.8 to -0.7 | 63 | 0.9% | |
| -0.7 to -0.6 | 272 | 4.0% | |
| -0.6 to -0.5 | 272 | 4.0% | |
| -0.5 to -0.4 | 272 | 4.0% | |
| -0.4 to -0.3 | 271 | 4.0% | |
| -0.3 to -0.2 | 291 | 4.3% | |
| -0.2 to -0.1 | 290 | 4.3% | |
| -0.1 to 0.0 | 246 | 3.6% | |
| 0.0 to 0.1 | 245 | 3.6% | |
| 0.1 to 0.2 | 245 | 3.6% | |
| 0.2 to 0.3 | 244 | 3.6% | |
| 0.3 to 0.4 | 292 | 4.3% | |
| 0.4 to 0.5 | 292 | 4.3% | |
| 0.5 to 0.6 | 443 | 6.5% | |
| 0.6 to 0.7 | 442 | 6.5% | |
| 0.7 to 0.8 | 938 | 13.8% | |
| 0.8 to 0.9 | 938 | 13.8% | |
| 0.9 to 1.0 | 687 | 10.1% |
Frequently asked questions
What is the average correlation of ASG?
LIBERTY ALL-STAR GROWTH FD (ASG) has an average correlation of about 0.331 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ASG positively correlated with other stocks?
Mostly yes — 70% of pairs are positive and 30% are negative. Strong positive correlations (≥0.7) make up 37.6%.
What is the most common correlation range for ASG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.9% of all pairs.
Explore the full interactive correlation distribution for ASG.
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