American Strategic Investment Co. (NYC) Correlation Distribution
Across 6,807 rolling correlation observations between American Strategic Investment Co. (NYC) and other NASDAQ-listed stocks, 66.6% are positive and 33.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.25, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31% and strong negative correlations (≤−0.7) for 6%.
- Total observations
- 6,807
- Mean correlation
- 0.25
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.6%
- Strong positive (≥0.7)
- 31%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 205 | 3.0% | |
| -0.8 to -0.7 | 204 | 3.0% | |
| -0.7 to -0.6 | 341 | 5.0% | |
| -0.6 to -0.5 | 340 | 5.0% | |
| -0.5 to -0.4 | 246 | 3.6% | |
| -0.4 to -0.3 | 246 | 3.6% | |
| -0.3 to -0.2 | 239 | 3.5% | |
| -0.2 to -0.1 | 238 | 3.5% | |
| -0.1 to 0.0 | 212 | 3.1% | |
| 0.0 to 0.1 | 211 | 3.1% | |
| 0.1 to 0.2 | 225 | 3.3% | |
| 0.2 to 0.3 | 224 | 3.3% | |
| 0.3 to 0.4 | 300 | 4.4% | |
| 0.4 to 0.5 | 300 | 4.4% | |
| 0.5 to 0.6 | 582 | 8.6% | |
| 0.6 to 0.7 | 581 | 8.5% | |
| 0.7 to 0.8 | 1,005 | 14.8% | |
| 0.8 to 0.9 | 1,004 | 14.7% | |
| 0.9 to 1.0 | 102 | 1.5% |
Frequently asked questions
What is the average correlation of NYC?
American Strategic Investment Co. (NYC) has an average correlation of about 0.25 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is NYC positively correlated with other stocks?
Mostly yes — 66.6% of pairs are positive and 33.4% are negative. Strong positive correlations (≥0.7) make up 31%.
What is the most common correlation range for NYC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.8% of all pairs.
Explore the full interactive correlation distribution for NYC.
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