Austin Gold Corp. (AUST) Correlation Distribution
Across 6,704 rolling correlation observations between Austin Gold Corp. (AUST) and other NASDAQ-listed stocks, 70% are positive and 30% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.162, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.6% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,704
- Mean correlation
- 0.162
- Most common range
- 0.1 to 0.2
- Positive pairs
- 70%
- Strong positive (≥0.7)
- 2.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 4 | 0.1% | |
| -0.8 to -0.7 | 4 | 0.1% | |
| -0.7 to -0.6 | 81 | 1.2% | |
| -0.6 to -0.5 | 80 | 1.2% | |
| -0.5 to -0.4 | 231 | 3.4% | |
| -0.4 to -0.3 | 230 | 3.4% | |
| -0.3 to -0.2 | 396 | 5.9% | |
| -0.2 to -0.1 | 395 | 5.9% | |
| -0.1 to 0.0 | 592 | 8.8% | |
| 0.0 to 0.1 | 591 | 8.8% | |
| 0.1 to 0.2 | 842 | 12.6% | |
| 0.2 to 0.3 | 841 | 12.5% | |
| 0.3 to 0.4 | 726 | 10.8% | |
| 0.4 to 0.5 | 726 | 10.8% | |
| 0.5 to 0.6 | 395 | 5.9% | |
| 0.6 to 0.7 | 395 | 5.9% | |
| 0.7 to 0.8 | 87 | 1.3% | |
| 0.8 to 0.9 | 87 | 1.3% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of AUST?
Austin Gold Corp. (AUST) has an average correlation of about 0.162 with other NASDAQ stocks, based on 6,704 pairwise observations.
Is AUST positively correlated with other stocks?
Mostly yes — 70% of pairs are positive and 30% are negative. Strong positive correlations (≥0.7) make up 2.6%.
What is the most common correlation range for AUST?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 54.5% of all pairs.
Explore the full interactive correlation distribution for AUST.
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