Avery Dennison Corp. (AVY) Correlation Distribution
Across 6,809 rolling correlation observations between Avery Dennison Corp. (AVY) and other NASDAQ-listed stocks, 65.7% are positive and 34.3% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.156, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 4.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- 0.156
- Most common range
- 0.3 to 0.4
- Positive pairs
- 65.7%
- Strong positive (≥0.7)
- 4.2%
- Sector
- Converted Paper & Paperboard Prods (No Contaners/Boxes)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 7 | 0.1% | |
| -0.7 to -0.6 | 96 | 1.4% | |
| -0.6 to -0.5 | 95 | 1.4% | |
| -0.5 to -0.4 | 295 | 4.3% | |
| -0.4 to -0.3 | 295 | 4.3% | |
| -0.3 to -0.2 | 465 | 6.8% | |
| -0.2 to -0.1 | 464 | 6.8% | |
| -0.1 to 0.0 | 612 | 9.0% | |
| 0.0 to 0.1 | 612 | 9.0% | |
| 0.1 to 0.2 | 618 | 9.1% | |
| 0.2 to 0.3 | 617 | 9.1% | |
| 0.3 to 0.4 | 668 | 9.8% | |
| 0.4 to 0.5 | 667 | 9.8% | |
| 0.5 to 0.6 | 503 | 7.4% | |
| 0.6 to 0.7 | 502 | 7.4% | |
| 0.7 to 0.8 | 143 | 2.1% | |
| 0.8 to 0.9 | 142 | 2.1% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of AVY?
Avery Dennison Corp. (AVY) has an average correlation of about 0.156 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is AVY positively correlated with other stocks?
Mostly yes — 65.7% of pairs are positive and 34.3% are negative. Strong positive correlations (≥0.7) make up 4.2%.
What is the most common correlation range for AVY?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 49.8% of all pairs.
Explore the full interactive correlation distribution for AVY.
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