Leidos Holdings, Inc. (LDOS) Correlation Distribution
Across 6,809 rolling correlation observations between Leidos Holdings, Inc. (LDOS) and other NASDAQ-listed stocks, 42% are positive and 58% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.022, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 11.6% and strong negative correlations (≤−0.7) for 3.1%.
- Total observations
- 6,809
- Mean correlation
- -0.022
- Most common range
- -0.5 to -0.4
- Positive pairs
- 42%
- Strong positive (≥0.7)
- 11.6%
- Sector
- Services-Computer Integrated Systems Design
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 105 | 1.5% | |
| -0.8 to -0.7 | 104 | 1.5% | |
| -0.7 to -0.6 | 387 | 5.7% | |
| -0.6 to -0.5 | 387 | 5.7% | |
| -0.5 to -0.4 | 809 | 11.9% | |
| -0.4 to -0.3 | 809 | 11.9% | |
| -0.3 to -0.2 | 497 | 7.3% | |
| -0.2 to -0.1 | 496 | 7.3% | |
| -0.1 to 0.0 | 355 | 5.2% | |
| 0.0 to 0.1 | 354 | 5.2% | |
| 0.1 to 0.2 | 296 | 4.3% | |
| 0.2 to 0.3 | 296 | 4.3% | |
| 0.3 to 0.4 | 249 | 3.7% | |
| 0.4 to 0.5 | 248 | 3.6% | |
| 0.5 to 0.6 | 313 | 4.6% | |
| 0.6 to 0.7 | 312 | 4.6% | |
| 0.7 to 0.8 | 382 | 5.6% | |
| 0.8 to 0.9 | 381 | 5.6% | |
| 0.9 to 1.0 | 28 | 0.4% |
Frequently asked questions
What is the average correlation of LDOS?
Leidos Holdings, Inc. (LDOS) has an average correlation of about -0.022 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LDOS positively correlated with other stocks?
Not predominantly — 42% of pairs are positive and 58% are negative. Strong positive correlations (≥0.7) make up 11.6%.
What is the most common correlation range for LDOS?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 33.7% of all pairs.
Explore the full interactive correlation distribution for LDOS.
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