Leggett & Platt, Inc. (LEG) Correlation Distribution
Across 6,809 rolling correlation observations between Leggett & Platt, Inc. (LEG) and other NASDAQ-listed stocks, 66% are positive and 34% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.212, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 29.3% and strong negative correlations (≤−0.7) for 13.7%.
- Total observations
- 6,809
- Mean correlation
- 0.212
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66%
- Strong positive (≥0.7)
- 29.3%
- Sector
- Household Furniture
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 163 | 2.4% | |
| -0.9 to -0.8 | 385 | 5.7% | |
| -0.8 to -0.7 | 385 | 5.7% | |
| -0.7 to -0.6 | 228 | 3.3% | |
| -0.6 to -0.5 | 228 | 3.3% | |
| -0.5 to -0.4 | 198 | 2.9% | |
| -0.4 to -0.3 | 198 | 2.9% | |
| -0.3 to -0.2 | 172 | 2.5% | |
| -0.2 to -0.1 | 171 | 2.5% | |
| -0.1 to 0.0 | 188 | 2.8% | |
| 0.0 to 0.1 | 188 | 2.8% | |
| 0.1 to 0.2 | 216 | 3.2% | |
| 0.2 to 0.3 | 215 | 3.2% | |
| 0.3 to 0.4 | 294 | 4.3% | |
| 0.4 to 0.5 | 293 | 4.3% | |
| 0.5 to 0.6 | 647 | 9.5% | |
| 0.6 to 0.7 | 647 | 9.5% | |
| 0.7 to 0.8 | 925 | 13.6% | |
| 0.8 to 0.9 | 924 | 13.6% | |
| 0.9 to 1.0 | 144 | 2.1% |
Frequently asked questions
What is the average correlation of LEG?
Leggett & Platt, Inc. (LEG) has an average correlation of about 0.212 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LEG positively correlated with other stocks?
Mostly yes — 66% of pairs are positive and 34% are negative. Strong positive correlations (≥0.7) make up 29.3%.
What is the most common correlation range for LEG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.9% of all pairs.
Explore the full interactive correlation distribution for LEG.
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