Mid-America Apartment Communities, Inc. (MAA) Correlation Distribution
Across 6,809 rolling correlation observations between Mid-America Apartment Communities, Inc. (MAA) and other NASDAQ-listed stocks, 72% are positive and 28% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.226, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.6% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,809
- Mean correlation
- 0.226
- Most common range
- 0.3 to 0.4
- Positive pairs
- 72%
- Strong positive (≥0.7)
- 10.6%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 58 | 0.9% | |
| -0.8 to -0.7 | 58 | 0.9% | |
| -0.7 to -0.6 | 79 | 1.2% | |
| -0.6 to -0.5 | 78 | 1.1% | |
| -0.5 to -0.4 | 157 | 2.3% | |
| -0.4 to -0.3 | 157 | 2.3% | |
| -0.3 to -0.2 | 383 | 5.6% | |
| -0.2 to -0.1 | 382 | 5.6% | |
| -0.1 to 0.0 | 557 | 8.2% | |
| 0.0 to 0.1 | 556 | 8.2% | |
| 0.1 to 0.2 | 624 | 9.2% | |
| 0.2 to 0.3 | 623 | 9.1% | |
| 0.3 to 0.4 | 628 | 9.2% | |
| 0.4 to 0.5 | 628 | 9.2% | |
| 0.5 to 0.6 | 560 | 8.2% | |
| 0.6 to 0.7 | 560 | 8.2% | |
| 0.7 to 0.8 | 345 | 5.1% | |
| 0.8 to 0.9 | 345 | 5.1% | |
| 0.9 to 1.0 | 31 | 0.5% |
Frequently asked questions
What is the average correlation of MAA?
Mid-America Apartment Communities, Inc. (MAA) has an average correlation of about 0.226 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MAA positively correlated with other stocks?
Mostly yes — 72% of pairs are positive and 28% are negative. Strong positive correlations (≥0.7) make up 10.6%.
What is the most common correlation range for MAA?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 45.9% of all pairs.
Explore the full interactive correlation distribution for MAA.
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