LEAFLY HOLDINGS INC (LFLY) Correlation Distribution
Across 6,759 rolling correlation observations between LEAFLY HOLDINGS INC (LFLY) and other NASDAQ-listed stocks, 65.4% are positive and 34.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.234, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 23.5% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,759
- Mean correlation
- 0.234
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65.4%
- Strong positive (≥0.7)
- 23.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 46 | 0.7% | |
| -0.8 to -0.7 | 46 | 0.7% | |
| -0.7 to -0.6 | 295 | 4.4% | |
| -0.6 to -0.5 | 295 | 4.4% | |
| -0.5 to -0.4 | 391 | 5.8% | |
| -0.4 to -0.3 | 391 | 5.8% | |
| -0.3 to -0.2 | 311 | 4.6% | |
| -0.2 to -0.1 | 310 | 4.6% | |
| -0.1 to 0.0 | 249 | 3.7% | |
| 0.0 to 0.1 | 249 | 3.7% | |
| 0.1 to 0.2 | 290 | 4.3% | |
| 0.2 to 0.3 | 289 | 4.3% | |
| 0.3 to 0.4 | 390 | 5.8% | |
| 0.4 to 0.5 | 389 | 5.8% | |
| 0.5 to 0.6 | 614 | 9.1% | |
| 0.6 to 0.7 | 614 | 9.1% | |
| 0.7 to 0.8 | 725 | 10.7% | |
| 0.8 to 0.9 | 724 | 10.7% | |
| 0.9 to 1.0 | 137 | 2.0% |
Frequently asked questions
What is the average correlation of LFLY?
LEAFLY HOLDINGS INC (LFLY) has an average correlation of about 0.234 with other NASDAQ stocks, based on 6,759 pairwise observations.
Is LFLY positively correlated with other stocks?
Mostly yes — 65.4% of pairs are positive and 34.6% are negative. Strong positive correlations (≥0.7) make up 23.5%.
What is the most common correlation range for LFLY?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 25.1% of all pairs.
Explore the full interactive correlation distribution for LFLY.
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