LBC (LBC) Correlation Distribution
Across 6,550 rolling correlation observations between LBC (LBC) and other NASDAQ-listed stocks, 75.3% are positive and 24.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.273, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 15.2% and strong negative correlations (≤−0.7) for 3.5%.
- Total observations
- 6,550
- Mean correlation
- 0.273
- Most common range
- 0.5 to 0.6
- Positive pairs
- 75.3%
- Strong positive (≥0.7)
- 15.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 35 | 0.5% | |
| -0.9 to -0.8 | 98 | 1.5% | |
| -0.8 to -0.7 | 98 | 1.5% | |
| -0.7 to -0.6 | 68 | 1.0% | |
| -0.6 to -0.5 | 68 | 1.0% | |
| -0.5 to -0.4 | 152 | 2.3% | |
| -0.4 to -0.3 | 152 | 2.3% | |
| -0.3 to -0.2 | 277 | 4.2% | |
| -0.2 to -0.1 | 277 | 4.2% | |
| -0.1 to 0.0 | 396 | 6.0% | |
| 0.0 to 0.1 | 396 | 6.0% | |
| 0.1 to 0.2 | 494 | 7.5% | |
| 0.2 to 0.3 | 494 | 7.5% | |
| 0.3 to 0.4 | 604 | 9.2% | |
| 0.4 to 0.5 | 603 | 9.2% | |
| 0.5 to 0.6 | 671 | 10.2% | |
| 0.6 to 0.7 | 670 | 10.2% | |
| 0.7 to 0.8 | 474 | 7.2% | |
| 0.8 to 0.9 | 473 | 7.2% | |
| 0.9 to 1.0 | 50 | 0.8% |
Frequently asked questions
What is the average correlation of LBC?
LBC (LBC) has an average correlation of about 0.273 with other NASDAQ stocks, based on 6,550 pairwise observations.
Is LBC positively correlated with other stocks?
Mostly yes — 75.3% of pairs are positive and 24.7% are negative. Strong positive correlations (≥0.7) make up 15.2%.
What is the most common correlation range for LBC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.6% of all pairs.
Explore the full interactive correlation distribution for LBC.
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