ATI Inc. (ATI) Correlation Distribution
Across 6,809 rolling correlation observations between ATI Inc. (ATI) and other NASDAQ-listed stocks, 37.1% are positive and 62.9% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.15, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 15.6% and strong negative correlations (≤−0.7) for 21.5%.
- Total observations
- 6,809
- Mean correlation
- -0.15
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.1%
- Strong positive (≥0.7)
- 15.6%
- Sector
- Steel Pipe & Tubes
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 20 | 0.3% | |
| -0.9 to -0.8 | 721 | 10.6% | |
| -0.8 to -0.7 | 720 | 10.6% | |
| -0.7 to -0.6 | 761 | 11.2% | |
| -0.6 to -0.5 | 761 | 11.2% | |
| -0.5 to -0.4 | 318 | 4.7% | |
| -0.4 to -0.3 | 317 | 4.7% | |
| -0.3 to -0.2 | 234 | 3.4% | |
| -0.2 to -0.1 | 233 | 3.4% | |
| -0.1 to 0.0 | 198 | 2.9% | |
| 0.0 to 0.1 | 197 | 2.9% | |
| 0.1 to 0.2 | 201 | 3.0% | |
| 0.2 to 0.3 | 201 | 3.0% | |
| 0.3 to 0.4 | 179 | 2.6% | |
| 0.4 to 0.5 | 179 | 2.6% | |
| 0.5 to 0.6 | 254 | 3.7% | |
| 0.6 to 0.7 | 253 | 3.7% | |
| 0.7 to 0.8 | 410 | 6.0% | |
| 0.8 to 0.9 | 409 | 6.0% | |
| 0.9 to 1.0 | 243 | 3.6% |
Frequently asked questions
What is the average correlation of ATI?
ATI Inc. (ATI) has an average correlation of about -0.15 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ATI positively correlated with other stocks?
Not predominantly — 37.1% of pairs are positive and 62.9% are negative. Strong positive correlations (≥0.7) make up 15.6%.
What is the most common correlation range for ATI?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.6% of all pairs.
Explore the full interactive correlation distribution for ATI.
Open interactive dashboard →