AUVIP (AUVIP) Correlation Distribution
Across 6,600 rolling correlation observations between AUVIP (AUVIP) and other NASDAQ-listed stocks, 70.4% are positive and 29.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.227, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 16.7% and strong negative correlations (≤−0.7) for 10.7%.
- Total observations
- 6,600
- Mean correlation
- 0.227
- Most common range
- 0.5 to 0.6
- Positive pairs
- 70.4%
- Strong positive (≥0.7)
- 16.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 99 | 1.5% | |
| -0.9 to -0.8 | 305 | 4.6% | |
| -0.8 to -0.7 | 305 | 4.6% | |
| -0.7 to -0.6 | 192 | 2.9% | |
| -0.6 to -0.5 | 191 | 2.9% | |
| -0.5 to -0.4 | 183 | 2.8% | |
| -0.4 to -0.3 | 183 | 2.8% | |
| -0.3 to -0.2 | 159 | 2.4% | |
| -0.2 to -0.1 | 158 | 2.4% | |
| -0.1 to 0.0 | 177 | 2.7% | |
| 0.0 to 0.1 | 177 | 2.7% | |
| 0.1 to 0.2 | 237 | 3.6% | |
| 0.2 to 0.3 | 236 | 3.6% | |
| 0.3 to 0.4 | 496 | 7.5% | |
| 0.4 to 0.5 | 495 | 7.5% | |
| 0.5 to 0.6 | 954 | 14.5% | |
| 0.6 to 0.7 | 953 | 14.4% | |
| 0.7 to 0.8 | 535 | 8.1% | |
| 0.8 to 0.9 | 535 | 8.1% | |
| 0.9 to 1.0 | 30 | 0.5% |
Frequently asked questions
What is the average correlation of AUVIP?
AUVIP (AUVIP) has an average correlation of about 0.227 with other NASDAQ stocks, based on 6,600 pairwise observations.
Is AUVIP positively correlated with other stocks?
Mostly yes — 70.4% of pairs are positive and 29.6% are negative. Strong positive correlations (≥0.7) make up 16.7%.
What is the most common correlation range for AUVIP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 17.3% of all pairs.
Explore the full interactive correlation distribution for AUVIP.
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