Centrus Energy Corp. (LEU) Correlation Distribution
Across 6,809 rolling correlation observations between Centrus Energy Corp. (LEU) and other NASDAQ-listed stocks, 42.9% are positive and 57.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.02, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 8.2% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- -0.02
- Most common range
- -0.5 to -0.4
- Positive pairs
- 42.9%
- Strong positive (≥0.7)
- 8.2%
- Sector
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 15 | 0.2% | |
| -0.8 to -0.7 | 15 | 0.2% | |
| -0.7 to -0.6 | 484 | 7.1% | |
| -0.6 to -0.5 | 484 | 7.1% | |
| -0.5 to -0.4 | 769 | 11.3% | |
| -0.4 to -0.3 | 768 | 11.3% | |
| -0.3 to -0.2 | 499 | 7.3% | |
| -0.2 to -0.1 | 499 | 7.3% | |
| -0.1 to 0.0 | 354 | 5.2% | |
| 0.0 to 0.1 | 354 | 5.2% | |
| 0.1 to 0.2 | 306 | 4.5% | |
| 0.2 to 0.3 | 306 | 4.5% | |
| 0.3 to 0.4 | 309 | 4.5% | |
| 0.4 to 0.5 | 309 | 4.5% | |
| 0.5 to 0.6 | 392 | 5.8% | |
| 0.6 to 0.7 | 391 | 5.7% | |
| 0.7 to 0.8 | 278 | 4.1% | |
| 0.8 to 0.9 | 277 | 4.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of LEU?
Centrus Energy Corp. (LEU) has an average correlation of about -0.02 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LEU positively correlated with other stocks?
Not predominantly — 42.9% of pairs are positive and 57.1% are negative. Strong positive correlations (≥0.7) make up 8.2%.
What is the most common correlation range for LEU?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 34% of all pairs.
Explore the full interactive correlation distribution for LEU.
Open interactive dashboard →