LCA (LCA) Correlation Distribution
Across 6,164 rolling correlation observations between LCA (LCA) and other NASDAQ-listed stocks, 37.5% are positive and 62.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.132, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 3.5% and strong negative correlations (≤−0.7) for 5%.
- Total observations
- 6,164
- Mean correlation
- -0.132
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.5%
- Strong positive (≥0.7)
- 3.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 19 | 0.3% | |
| -0.9 to -0.8 | 146 | 2.4% | |
| -0.8 to -0.7 | 145 | 2.4% | |
| -0.7 to -0.6 | 667 | 10.8% | |
| -0.6 to -0.5 | 667 | 10.8% | |
| -0.5 to -0.4 | 568 | 9.2% | |
| -0.4 to -0.3 | 568 | 9.2% | |
| -0.3 to -0.2 | 387 | 6.3% | |
| -0.2 to -0.1 | 387 | 6.3% | |
| -0.1 to 0.0 | 300 | 4.9% | |
| 0.0 to 0.1 | 299 | 4.9% | |
| 0.1 to 0.2 | 360 | 5.8% | |
| 0.2 to 0.3 | 360 | 5.8% | |
| 0.3 to 0.4 | 321 | 5.2% | |
| 0.4 to 0.5 | 321 | 5.2% | |
| 0.5 to 0.6 | 216 | 3.5% | |
| 0.6 to 0.7 | 216 | 3.5% | |
| 0.7 to 0.8 | 59 | 1.0% | |
| 0.8 to 0.9 | 58 | 0.9% | |
| 0.9 to 1.0 | 100 | 1.6% |
Frequently asked questions
What is the average correlation of LCA?
LCA (LCA) has an average correlation of about -0.132 with other NASDAQ stocks, based on 6,164 pairwise observations.
Is LCA positively correlated with other stocks?
Not predominantly — 37.5% of pairs are positive and 62.5% are negative. Strong positive correlations (≥0.7) make up 3.5%.
What is the most common correlation range for LCA?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 34% of all pairs.
Explore the full interactive correlation distribution for LCA.
Open interactive dashboard →