LendingClub Corporation (LC) Correlation Distribution
Across 6,809 rolling correlation observations between LendingClub Corporation (LC) and other NASDAQ-listed stocks, 77% are positive and 23% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.293, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 12.7% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- 0.293
- Most common range
- 0.5 to 0.6
- Positive pairs
- 77%
- Strong positive (≥0.7)
- 12.7%
- Sector
- Personal Credit Institutions
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 16 | 0.2% | |
| -0.8 to -0.7 | 16 | 0.2% | |
| -0.7 to -0.6 | 76 | 1.1% | |
| -0.6 to -0.5 | 76 | 1.1% | |
| -0.5 to -0.4 | 142 | 2.1% | |
| -0.4 to -0.3 | 142 | 2.1% | |
| -0.3 to -0.2 | 316 | 4.6% | |
| -0.2 to -0.1 | 316 | 4.6% | |
| -0.1 to 0.0 | 468 | 6.9% | |
| 0.0 to 0.1 | 467 | 6.9% | |
| 0.1 to 0.2 | 535 | 7.9% | |
| 0.2 to 0.3 | 534 | 7.8% | |
| 0.3 to 0.4 | 668 | 9.8% | |
| 0.4 to 0.5 | 668 | 9.8% | |
| 0.5 to 0.6 | 752 | 11.0% | |
| 0.6 to 0.7 | 752 | 11.0% | |
| 0.7 to 0.8 | 410 | 6.0% | |
| 0.8 to 0.9 | 409 | 6.0% | |
| 0.9 to 1.0 | 46 | 0.7% |
Frequently asked questions
What is the average correlation of LC?
LendingClub Corporation (LC) has an average correlation of about 0.293 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LC positively correlated with other stocks?
Mostly yes — 77% of pairs are positive and 23% are negative. Strong positive correlations (≥0.7) make up 12.7%.
What is the most common correlation range for LC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 38.7% of all pairs.
Explore the full interactive correlation distribution for LC.
Open interactive dashboard →