Altice USA, Inc. Class A Common Stock (ATUS) Correlation Distribution
Across 6,809 rolling correlation observations between Altice USA, Inc. Class A Common Stock (ATUS) and other NASDAQ-listed stocks, 66.7% are positive and 33.3% are negative. The most common correlation range is 0.9 to 1.0, and the average pairwise correlation is 0.282, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 38% and strong negative correlations (≤−0.7) for 7.1%.
- Total observations
- 6,809
- Mean correlation
- 0.282
- Most common range
- 0.9 to 1.0
- Positive pairs
- 66.7%
- Strong positive (≥0.7)
- 38%
- Sector
- Cable & Other Pay Television Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 9 | 0.1% | |
| -0.9 to -0.8 | 237 | 3.5% | |
| -0.8 to -0.7 | 237 | 3.5% | |
| -0.7 to -0.6 | 322 | 4.7% | |
| -0.6 to -0.5 | 322 | 4.7% | |
| -0.5 to -0.4 | 255 | 3.7% | |
| -0.4 to -0.3 | 254 | 3.7% | |
| -0.3 to -0.2 | 218 | 3.2% | |
| -0.2 to -0.1 | 218 | 3.2% | |
| -0.1 to 0.0 | 194 | 2.8% | |
| 0.0 to 0.1 | 194 | 2.8% | |
| 0.1 to 0.2 | 212 | 3.1% | |
| 0.2 to 0.3 | 212 | 3.1% | |
| 0.3 to 0.4 | 267 | 3.9% | |
| 0.4 to 0.5 | 266 | 3.9% | |
| 0.5 to 0.6 | 402 | 5.9% | |
| 0.6 to 0.7 | 401 | 5.9% | |
| 0.7 to 0.8 | 852 | 12.5% | |
| 0.8 to 0.9 | 851 | 12.5% | |
| 0.9 to 1.0 | 886 | 13.0% |
Frequently asked questions
What is the average correlation of ATUS?
Altice USA, Inc. Class A Common Stock (ATUS) has an average correlation of about 0.282 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ATUS positively correlated with other stocks?
Mostly yes — 66.7% of pairs are positive and 33.3% are negative. Strong positive correlations (≥0.7) make up 38%.
What is the most common correlation range for ATUS?
The most common range is 0.9 to 1.0. Weak correlations (−0.3 to 0.3) account for 18.3% of all pairs.
Explore the full interactive correlation distribution for ATUS.
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