GRUPO AVAL ACCIONES Y VALORES S.A. (AVAL) Correlation Distribution
Across 6,809 rolling correlation observations between GRUPO AVAL ACCIONES Y VALORES S.A. (AVAL) and other NASDAQ-listed stocks, 67.9% are positive and 32.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.293, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 37.5% and strong negative correlations (≤−0.7) for 4.4%.
- Total observations
- 6,809
- Mean correlation
- 0.293
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.9%
- Strong positive (≥0.7)
- 37.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 150 | 2.2% | |
| -0.8 to -0.7 | 150 | 2.2% | |
| -0.7 to -0.6 | 320 | 4.7% | |
| -0.6 to -0.5 | 320 | 4.7% | |
| -0.5 to -0.4 | 238 | 3.5% | |
| -0.4 to -0.3 | 238 | 3.5% | |
| -0.3 to -0.2 | 246 | 3.6% | |
| -0.2 to -0.1 | 245 | 3.6% | |
| -0.1 to 0.0 | 276 | 4.1% | |
| 0.0 to 0.1 | 276 | 4.1% | |
| 0.1 to 0.2 | 231 | 3.4% | |
| 0.2 to 0.3 | 230 | 3.4% | |
| 0.3 to 0.4 | 273 | 4.0% | |
| 0.4 to 0.5 | 273 | 4.0% | |
| 0.5 to 0.6 | 396 | 5.8% | |
| 0.6 to 0.7 | 396 | 5.8% | |
| 0.7 to 0.8 | 1,003 | 14.7% | |
| 0.8 to 0.9 | 1,002 | 14.7% | |
| 0.9 to 1.0 | 545 | 8.0% |
Frequently asked questions
What is the average correlation of AVAL?
GRUPO AVAL ACCIONES Y VALORES S.A. (AVAL) has an average correlation of about 0.293 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AVAL positively correlated with other stocks?
Mostly yes — 67.9% of pairs are positive and 32.1% are negative. Strong positive correlations (≥0.7) make up 37.5%.
What is the most common correlation range for AVAL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.1% of all pairs.
Explore the full interactive correlation distribution for AVAL.
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