AYX (AYX) Correlation Distribution
Across 6,573 rolling correlation observations between AYX (AYX) and other NASDAQ-listed stocks, 61.3% are positive and 38.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.146, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 19.2% and strong negative correlations (≤−0.7) for 9.9%.
- Total observations
- 6,573
- Mean correlation
- 0.146
- Most common range
- 0.5 to 0.6
- Positive pairs
- 61.3%
- Strong positive (≥0.7)
- 19.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 322 | 4.9% | |
| -0.8 to -0.7 | 322 | 4.9% | |
| -0.7 to -0.6 | 363 | 5.5% | |
| -0.6 to -0.5 | 362 | 5.5% | |
| -0.5 to -0.4 | 232 | 3.5% | |
| -0.4 to -0.3 | 232 | 3.5% | |
| -0.3 to -0.2 | 233 | 3.5% | |
| -0.2 to -0.1 | 232 | 3.5% | |
| -0.1 to 0.0 | 239 | 3.6% | |
| 0.0 to 0.1 | 238 | 3.6% | |
| 0.1 to 0.2 | 249 | 3.8% | |
| 0.2 to 0.3 | 248 | 3.8% | |
| 0.3 to 0.4 | 370 | 5.6% | |
| 0.4 to 0.5 | 370 | 5.6% | |
| 0.5 to 0.6 | 647 | 9.8% | |
| 0.6 to 0.7 | 646 | 9.8% | |
| 0.7 to 0.8 | 593 | 9.0% | |
| 0.8 to 0.9 | 593 | 9.0% | |
| 0.9 to 1.0 | 78 | 1.2% |
Frequently asked questions
What is the average correlation of AYX?
AYX (AYX) has an average correlation of about 0.146 with other NASDAQ stocks, based on 6,573 pairwise observations.
Is AYX positively correlated with other stocks?
Mostly yes — 61.3% of pairs are positive and 38.7% are negative. Strong positive correlations (≥0.7) make up 19.2%.
What is the most common correlation range for AYX?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 21.9% of all pairs.
Explore the full interactive correlation distribution for AYX.
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