Auburn National Bancorporation (AUBN) Correlation Distribution
Across 6,753 rolling correlation observations between Auburn National Bancorporation (AUBN) and other NASDAQ-listed stocks, 64.8% are positive and 35.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.219, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 32.8% and strong negative correlations (≤−0.7) for 10.4%.
- Total observations
- 6,753
- Mean correlation
- 0.219
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64.8%
- Strong positive (≥0.7)
- 32.8%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 343 | 5.1% | |
| -0.8 to -0.7 | 343 | 5.1% | |
| -0.7 to -0.6 | 303 | 4.5% | |
| -0.6 to -0.5 | 302 | 4.5% | |
| -0.5 to -0.4 | 223 | 3.3% | |
| -0.4 to -0.3 | 222 | 3.3% | |
| -0.3 to -0.2 | 204 | 3.0% | |
| -0.2 to -0.1 | 204 | 3.0% | |
| -0.1 to 0.0 | 219 | 3.2% | |
| 0.0 to 0.1 | 218 | 3.2% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 251 | 3.7% | |
| 0.3 to 0.4 | 286 | 4.2% | |
| 0.4 to 0.5 | 285 | 4.2% | |
| 0.5 to 0.6 | 436 | 6.5% | |
| 0.6 to 0.7 | 436 | 6.5% | |
| 0.7 to 0.8 | 953 | 14.1% | |
| 0.8 to 0.9 | 953 | 14.1% | |
| 0.9 to 1.0 | 306 | 4.5% |
Frequently asked questions
What is the average correlation of AUBN?
Auburn National Bancorporation (AUBN) has an average correlation of about 0.219 with other NASDAQ stocks, based on 6,753 pairwise observations.
Is AUBN positively correlated with other stocks?
Mostly yes — 64.8% of pairs are positive and 35.2% are negative. Strong positive correlations (≥0.7) make up 32.8%.
What is the most common correlation range for AUBN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.9% of all pairs.
Explore the full interactive correlation distribution for AUBN.
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