Laureate Education, Inc. Common Stock (LAUR) Correlation Distribution
Across 6,809 rolling correlation observations between Laureate Education, Inc. Common Stock (LAUR) and other NASDAQ-listed stocks, 51.5% are positive and 48.5% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.06, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 7.1% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,809
- Mean correlation
- 0.06
- Most common range
- -0.3 to -0.2
- Positive pairs
- 51.5%
- Strong positive (≥0.7)
- 7.1%
- Sector
- Services-Educational Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 62 | 0.9% | |
| -0.8 to -0.7 | 61 | 0.9% | |
| -0.7 to -0.6 | 223 | 3.3% | |
| -0.6 to -0.5 | 223 | 3.3% | |
| -0.5 to -0.4 | 378 | 5.6% | |
| -0.4 to -0.3 | 377 | 5.5% | |
| -0.3 to -0.2 | 659 | 9.7% | |
| -0.2 to -0.1 | 659 | 9.7% | |
| -0.1 to 0.0 | 658 | 9.7% | |
| 0.0 to 0.1 | 658 | 9.7% | |
| 0.1 to 0.2 | 384 | 5.6% | |
| 0.2 to 0.3 | 384 | 5.6% | |
| 0.3 to 0.4 | 397 | 5.8% | |
| 0.4 to 0.5 | 396 | 5.8% | |
| 0.5 to 0.6 | 404 | 5.9% | |
| 0.6 to 0.7 | 403 | 5.9% | |
| 0.7 to 0.8 | 230 | 3.4% | |
| 0.8 to 0.9 | 229 | 3.4% | |
| 0.9 to 1.0 | 23 | 0.3% |
Frequently asked questions
What is the average correlation of LAUR?
Laureate Education, Inc. Common Stock (LAUR) has an average correlation of about 0.06 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LAUR positively correlated with other stocks?
Mostly yes — 51.5% of pairs are positive and 48.5% are negative. Strong positive correlations (≥0.7) make up 7.1%.
What is the most common correlation range for LAUR?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 50% of all pairs.
Explore the full interactive correlation distribution for LAUR.
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