Avino Silver & Gold Mines Ltd. (Canada) (ASM) Correlation Distribution
Across 6,809 rolling correlation observations between Avino Silver & Gold Mines Ltd. (Canada) (ASM) and other NASDAQ-listed stocks, 62.4% are positive and 37.6% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.106, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.4% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,809
- Mean correlation
- 0.106
- Most common range
- 0.1 to 0.2
- Positive pairs
- 62.4%
- Strong positive (≥0.7)
- 4.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 10 | 0.1% | |
| -0.8 to -0.7 | 10 | 0.1% | |
| -0.7 to -0.6 | 99 | 1.5% | |
| -0.6 to -0.5 | 98 | 1.4% | |
| -0.5 to -0.4 | 311 | 4.6% | |
| -0.4 to -0.3 | 311 | 4.6% | |
| -0.3 to -0.2 | 489 | 7.2% | |
| -0.2 to -0.1 | 488 | 7.2% | |
| -0.1 to 0.0 | 741 | 10.9% | |
| 0.0 to 0.1 | 740 | 10.9% | |
| 0.1 to 0.2 | 849 | 12.5% | |
| 0.2 to 0.3 | 849 | 12.5% | |
| 0.3 to 0.4 | 475 | 7.0% | |
| 0.4 to 0.5 | 475 | 7.0% | |
| 0.5 to 0.6 | 281 | 4.1% | |
| 0.6 to 0.7 | 280 | 4.1% | |
| 0.7 to 0.8 | 150 | 2.2% | |
| 0.8 to 0.9 | 149 | 2.2% | |
| 0.9 to 1.0 | 4 | 0.1% |
Frequently asked questions
What is the average correlation of ASM?
Avino Silver & Gold Mines Ltd. (Canada) (ASM) has an average correlation of about 0.106 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ASM positively correlated with other stocks?
Mostly yes — 62.4% of pairs are positive and 37.6% are negative. Strong positive correlations (≥0.7) make up 4.4%.
What is the most common correlation range for ASM?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 61% of all pairs.
Explore the full interactive correlation distribution for ASM.
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