Liberty Broadband Corporation Class A (LBRDA) Correlation Distribution
Across 6,809 rolling correlation observations between Liberty Broadband Corporation Class A (LBRDA) 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 0.281, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.6% and strong negative correlations (≤−0.7) for 5.4%.
- Total observations
- 6,809
- Mean correlation
- 0.281
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.5%
- Strong positive (≥0.7)
- 34.6%
- Sector
- Cable & Other Pay Television Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 181 | 2.7% | |
| -0.8 to -0.7 | 181 | 2.7% | |
| -0.7 to -0.6 | 310 | 4.6% | |
| -0.6 to -0.5 | 310 | 4.6% | |
| -0.5 to -0.4 | 239 | 3.5% | |
| -0.4 to -0.3 | 238 | 3.5% | |
| -0.3 to -0.2 | 223 | 3.3% | |
| -0.2 to -0.1 | 223 | 3.3% | |
| -0.1 to 0.0 | 234 | 3.4% | |
| 0.0 to 0.1 | 234 | 3.4% | |
| 0.1 to 0.2 | 248 | 3.6% | |
| 0.2 to 0.3 | 248 | 3.6% | |
| 0.3 to 0.4 | 309 | 4.5% | |
| 0.4 to 0.5 | 308 | 4.5% | |
| 0.5 to 0.6 | 481 | 7.1% | |
| 0.6 to 0.7 | 481 | 7.1% | |
| 0.7 to 0.8 | 997 | 14.6% | |
| 0.8 to 0.9 | 997 | 14.6% | |
| 0.9 to 1.0 | 362 | 5.3% |
Frequently asked questions
What is the average correlation of LBRDA?
Liberty Broadband Corporation Class A (LBRDA) has an average correlation of about 0.281 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LBRDA 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 34.6%.
What is the most common correlation range for LBRDA?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.7% of all pairs.
Explore the full interactive correlation distribution for LBRDA.
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