LCAHW (LCAHW) Correlation Distribution
Across 6,054 rolling correlation observations between LCAHW (LCAHW) and other NASDAQ-listed stocks, 56.9% are positive and 43.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.116, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 20.1% and strong negative correlations (≤−0.7) for 6.9%.
- Total observations
- 6,054
- Mean correlation
- 0.116
- Most common range
- 0.7 to 0.8
- Positive pairs
- 56.9%
- Strong positive (≥0.7)
- 20.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 209 | 3.5% | |
| -0.8 to -0.7 | 209 | 3.5% | |
| -0.7 to -0.6 | 424 | 7.0% | |
| -0.6 to -0.5 | 424 | 7.0% | |
| -0.5 to -0.4 | 302 | 5.0% | |
| -0.4 to -0.3 | 302 | 5.0% | |
| -0.3 to -0.2 | 259 | 4.3% | |
| -0.2 to -0.1 | 259 | 4.3% | |
| -0.1 to 0.0 | 217 | 3.6% | |
| 0.0 to 0.1 | 217 | 3.6% | |
| 0.1 to 0.2 | 239 | 3.9% | |
| 0.2 to 0.3 | 239 | 3.9% | |
| 0.3 to 0.4 | 336 | 5.6% | |
| 0.4 to 0.5 | 335 | 5.5% | |
| 0.5 to 0.6 | 432 | 7.1% | |
| 0.6 to 0.7 | 432 | 7.1% | |
| 0.7 to 0.8 | 496 | 8.2% | |
| 0.8 to 0.9 | 496 | 8.2% | |
| 0.9 to 1.0 | 225 | 3.7% |
Frequently asked questions
What is the average correlation of LCAHW?
LCAHW (LCAHW) has an average correlation of about 0.116 with other NASDAQ stocks, based on 6,054 pairwise observations.
Is LCAHW positively correlated with other stocks?
Mostly yes — 56.9% of pairs are positive and 43.1% are negative. Strong positive correlations (≥0.7) make up 20.1%.
What is the most common correlation range for LCAHW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.6% of all pairs.
Explore the full interactive correlation distribution for LCAHW.
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