Levi Strauss & Co. Class A Common Stock (LEVI) Correlation Distribution
Across 6,809 rolling correlation observations between Levi Strauss & Co. Class A Common Stock (LEVI) and other NASDAQ-listed stocks, 77.3% are positive and 22.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.324, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 16% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- 0.324
- Most common range
- 0.5 to 0.6
- Positive pairs
- 77.3%
- Strong positive (≥0.7)
- 16%
- Sector
- Apparel & Other Finishd Prods Of Fabrics & Similar Matl
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 16 | 0.2% | |
| -0.8 to -0.7 | 16 | 0.2% | |
| -0.7 to -0.6 | 56 | 0.8% | |
| -0.6 to -0.5 | 56 | 0.8% | |
| -0.5 to -0.4 | 143 | 2.1% | |
| -0.4 to -0.3 | 142 | 2.1% | |
| -0.3 to -0.2 | 357 | 5.2% | |
| -0.2 to -0.1 | 356 | 5.2% | |
| -0.1 to 0.0 | 404 | 5.9% | |
| 0.0 to 0.1 | 403 | 5.9% | |
| 0.1 to 0.2 | 438 | 6.4% | |
| 0.2 to 0.3 | 438 | 6.4% | |
| 0.3 to 0.4 | 595 | 8.7% | |
| 0.4 to 0.5 | 595 | 8.7% | |
| 0.5 to 0.6 | 853 | 12.5% | |
| 0.6 to 0.7 | 852 | 12.5% | |
| 0.7 to 0.8 | 519 | 7.6% | |
| 0.8 to 0.9 | 518 | 7.6% | |
| 0.9 to 1.0 | 52 | 0.8% |
Frequently asked questions
What is the average correlation of LEVI?
Levi Strauss & Co. Class A Common Stock (LEVI) has an average correlation of about 0.324 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LEVI positively correlated with other stocks?
Mostly yes — 77.3% of pairs are positive and 22.7% are negative. Strong positive correlations (≥0.7) make up 16%.
What is the most common correlation range for LEVI?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.2% of all pairs.
Explore the full interactive correlation distribution for LEVI.
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