AEP, NasdaqGS

American Electric Power Company, Inc. (AEP)

Price (as of October 21)

83.93USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

UGIC

UGI Corporation

-0.11

WAVE

Eco Wave Power Global AB (publ)

-0.09

FLNC

Fluence Energy, Inc.

-0.07

BIP

Brookfield Infrastructure Partners L.P.

-0.07

XEL

Xcel Energy Inc.

-0.06

EXC

Exelon Corporation

-0.05

CEG

Constellation Energy Corporation

-0.05

DUK

Duke Energy Corporation

-0.04

SO

The Southern Company

-0.04

FTS

Fortis Inc.

-0.04

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Highest within Industry

Symbol Correlation

CDZIP

Cadiz Inc.

0.12

NRGV

Energy Vault Holdings, Inc.

0.09

UU.L

United Utilities Group PLC

0.08

HLGN

Heliogen, Inc.

0.08

AEPPZ

American Electric Power Company, Inc.

0.08

AGR

Avangrid, Inc.

0.08

SSE.L

SSE plc

0.07

AESC

The AES Corporation

0.07

AQN

Algonquin Power & Utilities Corp.

0.06

MNTK

Montauk Renewables, Inc.

0.06

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Profile

Sector:
Utilities
Industry:
Utilities

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.