Lennar Corporation Class A (LEN) Correlation Distribution
Across 6,809 rolling correlation observations between Lennar Corporation Class A (LEN) and other NASDAQ-listed stocks, 40.8% are positive and 59.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.04, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 11.7% and strong negative correlations (≤−0.7) for 3.2%.
- Total observations
- 6,809
- Mean correlation
- -0.04
- Most common range
- -0.5 to -0.4
- Positive pairs
- 40.8%
- Strong positive (≥0.7)
- 11.7%
- Sector
- General Bldg Contractors - Residential Bldgs
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 108 | 1.6% | |
| -0.8 to -0.7 | 108 | 1.6% | |
| -0.7 to -0.6 | 561 | 8.2% | |
| -0.6 to -0.5 | 561 | 8.2% | |
| -0.5 to -0.4 | 775 | 11.4% | |
| -0.4 to -0.3 | 775 | 11.4% | |
| -0.3 to -0.2 | 428 | 6.3% | |
| -0.2 to -0.1 | 427 | 6.3% | |
| -0.1 to 0.0 | 287 | 4.2% | |
| 0.0 to 0.1 | 286 | 4.2% | |
| 0.1 to 0.2 | 249 | 3.7% | |
| 0.2 to 0.3 | 249 | 3.7% | |
| 0.3 to 0.4 | 265 | 3.9% | |
| 0.4 to 0.5 | 265 | 3.9% | |
| 0.5 to 0.6 | 336 | 4.9% | |
| 0.6 to 0.7 | 335 | 4.9% | |
| 0.7 to 0.8 | 354 | 5.2% | |
| 0.8 to 0.9 | 354 | 5.2% | |
| 0.9 to 1.0 | 86 | 1.3% |
Frequently asked questions
What is the average correlation of LEN?
Lennar Corporation Class A (LEN) has an average correlation of about -0.04 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LEN positively correlated with other stocks?
Not predominantly — 40.8% of pairs are positive and 59.2% are negative. Strong positive correlations (≥0.7) make up 11.7%.
What is the most common correlation range for LEN?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 28.3% of all pairs.
Explore the full interactive correlation distribution for LEN.
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