Affiliated Managers Group, Inc. 5.875% Junior Subordinated Notes due 2059 (MGR) Correlation Distribution
Across 6,809 rolling correlation observations between Affiliated Managers Group, Inc. 5.875% Junior Subordinated Notes due 2059 (MGR) and other NASDAQ-listed stocks, 68.5% are positive and 31.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.273, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 29.9% and strong negative correlations (≤−0.7) for 2.8%.
- Total observations
- 6,809
- Mean correlation
- 0.273
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.5%
- Strong positive (≥0.7)
- 29.9%
- Sector
- Investment Advice
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 97 | 1.4% | |
| -0.8 to -0.7 | 97 | 1.4% | |
| -0.7 to -0.6 | 295 | 4.3% | |
| -0.6 to -0.5 | 294 | 4.3% | |
| -0.5 to -0.4 | 273 | 4.0% | |
| -0.4 to -0.3 | 272 | 4.0% | |
| -0.3 to -0.2 | 266 | 3.9% | |
| -0.2 to -0.1 | 265 | 3.9% | |
| -0.1 to 0.0 | 284 | 4.2% | |
| 0.0 to 0.1 | 283 | 4.2% | |
| 0.1 to 0.2 | 305 | 4.5% | |
| 0.2 to 0.3 | 304 | 4.5% | |
| 0.3 to 0.4 | 332 | 4.9% | |
| 0.4 to 0.5 | 332 | 4.9% | |
| 0.5 to 0.6 | 538 | 7.9% | |
| 0.6 to 0.7 | 538 | 7.9% | |
| 0.7 to 0.8 | 913 | 13.4% | |
| 0.8 to 0.9 | 912 | 13.4% | |
| 0.9 to 1.0 | 209 | 3.1% |
Frequently asked questions
What is the average correlation of MGR?
Affiliated Managers Group, Inc. 5.875% Junior Subordinated Notes due 2059 (MGR) has an average correlation of about 0.273 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MGR positively correlated with other stocks?
Mostly yes — 68.5% of pairs are positive and 31.5% are negative. Strong positive correlations (≥0.7) make up 29.9%.
What is the most common correlation range for MGR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.1% of all pairs.
Explore the full interactive correlation distribution for MGR.
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