Lifetime Brands, Inc. (LCUT) Correlation Distribution
Across 6,809 rolling correlation observations between Lifetime Brands, Inc. (LCUT) and other NASDAQ-listed stocks, 70.2% are positive and 29.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.303, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 30.8% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,809
- Mean correlation
- 0.303
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.2%
- Strong positive (≥0.7)
- 30.8%
- Sector
- Cutlery, Handtools & General Hardware
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 39 | 0.6% | |
| -0.8 to -0.7 | 39 | 0.6% | |
| -0.7 to -0.6 | 247 | 3.6% | |
| -0.6 to -0.5 | 246 | 3.6% | |
| -0.5 to -0.4 | 324 | 4.8% | |
| -0.4 to -0.3 | 324 | 4.8% | |
| -0.3 to -0.2 | 272 | 4.0% | |
| -0.2 to -0.1 | 271 | 4.0% | |
| -0.1 to 0.0 | 264 | 3.9% | |
| 0.0 to 0.1 | 264 | 3.9% | |
| 0.1 to 0.2 | 261 | 3.8% | |
| 0.2 to 0.3 | 260 | 3.8% | |
| 0.3 to 0.4 | 361 | 5.3% | |
| 0.4 to 0.5 | 360 | 5.3% | |
| 0.5 to 0.6 | 589 | 8.7% | |
| 0.6 to 0.7 | 588 | 8.6% | |
| 0.7 to 0.8 | 1,009 | 14.8% | |
| 0.8 to 0.9 | 1,009 | 14.8% | |
| 0.9 to 1.0 | 82 | 1.2% |
Frequently asked questions
What is the average correlation of LCUT?
Lifetime Brands, Inc. (LCUT) has an average correlation of about 0.303 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LCUT positively correlated with other stocks?
Mostly yes — 70.2% of pairs are positive and 29.8% are negative. Strong positive correlations (≥0.7) make up 30.8%.
What is the most common correlation range for LCUT?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.4% of all pairs.
Explore the full interactive correlation distribution for LCUT.
Open interactive dashboard →