LFAC (LFAC) Correlation Distribution
Across 5,501 rolling correlation observations between LFAC (LFAC) and other NASDAQ-listed stocks, 39.2% are positive and 60.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.159, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 1.7% and strong negative correlations (≤−0.7) for 13.5%.
- Total observations
- 5,501
- Mean correlation
- -0.159
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.2%
- Strong positive (≥0.7)
- 1.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 16 | 0.3% | |
| -0.9 to -0.8 | 363 | 6.6% | |
| -0.8 to -0.7 | 362 | 6.6% | |
| -0.7 to -0.6 | 458 | 8.3% | |
| -0.6 to -0.5 | 458 | 8.3% | |
| -0.5 to -0.4 | 383 | 7.0% | |
| -0.4 to -0.3 | 383 | 7.0% | |
| -0.3 to -0.2 | 308 | 5.6% | |
| -0.2 to -0.1 | 308 | 5.6% | |
| -0.1 to 0.0 | 307 | 5.6% | |
| 0.0 to 0.1 | 307 | 5.6% | |
| 0.1 to 0.2 | 357 | 6.5% | |
| 0.2 to 0.3 | 356 | 6.5% | |
| 0.3 to 0.4 | 366 | 6.7% | |
| 0.4 to 0.5 | 365 | 6.6% | |
| 0.5 to 0.6 | 156 | 2.8% | |
| 0.6 to 0.7 | 156 | 2.8% | |
| 0.7 to 0.8 | 41 | 0.7% | |
| 0.8 to 0.9 | 41 | 0.7% | |
| 0.9 to 1.0 | 10 | 0.2% |
Frequently asked questions
What is the average correlation of LFAC?
LFAC (LFAC) has an average correlation of about -0.159 with other NASDAQ stocks, based on 5,501 pairwise observations.
Is LFAC positively correlated with other stocks?
Not predominantly — 39.2% of pairs are positive and 60.8% are negative. Strong positive correlations (≥0.7) make up 1.7%.
What is the most common correlation range for LFAC?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 35.3% of all pairs.
Explore the full interactive correlation distribution for LFAC.
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