LCW (LCW) Correlation Distribution
Across 6,169 rolling correlation observations between LCW (LCW) and other NASDAQ-listed stocks, 33.6% are positive and 66.4% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.206, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 14% and strong negative correlations (≤−0.7) for 28.2%.
- Total observations
- 6,169
- Mean correlation
- -0.206
- Most common range
- -0.9 to -0.8
- Positive pairs
- 33.6%
- Strong positive (≥0.7)
- 14%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 209 | 3.4% | |
| -0.9 to -0.8 | 766 | 12.4% | |
| -0.8 to -0.7 | 765 | 12.4% | |
| -0.7 to -0.6 | 547 | 8.9% | |
| -0.6 to -0.5 | 547 | 8.9% | |
| -0.5 to -0.4 | 332 | 5.4% | |
| -0.4 to -0.3 | 332 | 5.4% | |
| -0.3 to -0.2 | 220 | 3.6% | |
| -0.2 to -0.1 | 220 | 3.6% | |
| -0.1 to 0.0 | 157 | 2.5% | |
| 0.0 to 0.1 | 156 | 2.5% | |
| 0.1 to 0.2 | 147 | 2.4% | |
| 0.2 to 0.3 | 147 | 2.4% | |
| 0.3 to 0.4 | 175 | 2.8% | |
| 0.4 to 0.5 | 175 | 2.8% | |
| 0.5 to 0.6 | 204 | 3.3% | |
| 0.6 to 0.7 | 204 | 3.3% | |
| 0.7 to 0.8 | 337 | 5.5% | |
| 0.8 to 0.9 | 337 | 5.5% | |
| 0.9 to 1.0 | 192 | 3.1% |
Frequently asked questions
What is the average correlation of LCW?
LCW (LCW) has an average correlation of about -0.206 with other NASDAQ stocks, based on 6,169 pairwise observations.
Is LCW positively correlated with other stocks?
Not predominantly — 33.6% of pairs are positive and 66.4% are negative. Strong positive correlations (≥0.7) make up 14%.
What is the most common correlation range for LCW?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 17% of all pairs.
Explore the full interactive correlation distribution for LCW.
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