Atlanticus Holdings Corporation 7.625% Series B Cumulative Perpetual Preferred Stock, no par value per share (ATLCP) Correlation Distribution
Across 6,806 rolling correlation observations between Atlanticus Holdings Corporation 7.625% Series B Cumulative Perpetual Preferred Stock, no par value per share (ATLCP) and other NASDAQ-listed stocks, 77.4% are positive and 22.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.281, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.5% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,806
- Mean correlation
- 0.281
- Most common range
- 0.5 to 0.6
- Positive pairs
- 77.4%
- Strong positive (≥0.7)
- 8.5%
- Sector
- Personal Credit Institutions
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 34 | 0.5% | |
| -0.8 to -0.7 | 34 | 0.5% | |
| -0.7 to -0.6 | 135 | 2.0% | |
| -0.6 to -0.5 | 135 | 2.0% | |
| -0.5 to -0.4 | 173 | 2.5% | |
| -0.4 to -0.3 | 172 | 2.5% | |
| -0.3 to -0.2 | 241 | 3.5% | |
| -0.2 to -0.1 | 240 | 3.5% | |
| -0.1 to 0.0 | 372 | 5.5% | |
| 0.0 to 0.1 | 371 | 5.5% | |
| 0.1 to 0.2 | 493 | 7.2% | |
| 0.2 to 0.3 | 492 | 7.2% | |
| 0.3 to 0.4 | 741 | 10.9% | |
| 0.4 to 0.5 | 741 | 10.9% | |
| 0.5 to 0.6 | 926 | 13.6% | |
| 0.6 to 0.7 | 926 | 13.6% | |
| 0.7 to 0.8 | 290 | 4.3% | |
| 0.8 to 0.9 | 290 | 4.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ATLCP?
Atlanticus Holdings Corporation 7.625% Series B Cumulative Perpetual Preferred Stock, no par value per share (ATLCP) has an average correlation of about 0.281 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is ATLCP positively correlated with other stocks?
Mostly yes — 77.4% of pairs are positive and 22.6% are negative. Strong positive correlations (≥0.7) make up 8.5%.
What is the most common correlation range for ATLCP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.5% of all pairs.
Explore the full interactive correlation distribution for ATLCP.
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