AUGX (AUGX) Correlation Distribution
Across 6,759 rolling correlation observations between AUGX (AUGX) and other NASDAQ-listed stocks, 45.2% are positive and 54.8% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is -0.018, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.1% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,759
- Mean correlation
- -0.018
- Most common range
- -0.1 to 0.0
- Positive pairs
- 45.2%
- Strong positive (≥0.7)
- 1.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 20 | 0.3% | |
| -0.8 to -0.7 | 19 | 0.3% | |
| -0.7 to -0.6 | 105 | 1.6% | |
| -0.6 to -0.5 | 104 | 1.5% | |
| -0.5 to -0.4 | 415 | 6.1% | |
| -0.4 to -0.3 | 414 | 6.1% | |
| -0.3 to -0.2 | 847 | 12.5% | |
| -0.2 to -0.1 | 847 | 12.5% | |
| -0.1 to 0.0 | 934 | 13.8% | |
| 0.0 to 0.1 | 933 | 13.8% | |
| 0.1 to 0.2 | 565 | 8.4% | |
| 0.2 to 0.3 | 564 | 8.3% | |
| 0.3 to 0.4 | 324 | 4.8% | |
| 0.4 to 0.5 | 323 | 4.8% | |
| 0.5 to 0.6 | 134 | 2.0% | |
| 0.6 to 0.7 | 134 | 2.0% | |
| 0.7 to 0.8 | 39 | 0.6% | |
| 0.8 to 0.9 | 38 | 0.6% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of AUGX?
AUGX (AUGX) has an average correlation of about -0.018 with other NASDAQ stocks, based on 6,759 pairwise observations.
Is AUGX positively correlated with other stocks?
Not predominantly — 45.2% of pairs are positive and 54.8% are negative. Strong positive correlations (≥0.7) make up 1.1%.
What is the most common correlation range for AUGX?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 69.4% of all pairs.
Explore the full interactive correlation distribution for AUGX.
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