The LGL Group, Inc. (LGL) Correlation Distribution
Across 6,807 rolling correlation observations between The LGL Group, Inc. (LGL) and other NASDAQ-listed stocks, 71.4% are positive and 28.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.254, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9.8% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,807
- Mean correlation
- 0.254
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.4%
- Strong positive (≥0.7)
- 9.8%
- Sector
- Electronic Components, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 57 | 0.8% | |
| -0.8 to -0.7 | 57 | 0.8% | |
| -0.7 to -0.6 | 135 | 2.0% | |
| -0.6 to -0.5 | 134 | 2.0% | |
| -0.5 to -0.4 | 301 | 4.4% | |
| -0.4 to -0.3 | 301 | 4.4% | |
| -0.3 to -0.2 | 336 | 4.9% | |
| -0.2 to -0.1 | 335 | 4.9% | |
| -0.1 to 0.0 | 288 | 4.2% | |
| 0.0 to 0.1 | 287 | 4.2% | |
| 0.1 to 0.2 | 372 | 5.5% | |
| 0.2 to 0.3 | 372 | 5.5% | |
| 0.3 to 0.4 | 568 | 8.3% | |
| 0.4 to 0.5 | 568 | 8.3% | |
| 0.5 to 0.6 | 1,013 | 14.9% | |
| 0.6 to 0.7 | 1,012 | 14.9% | |
| 0.7 to 0.8 | 333 | 4.9% | |
| 0.8 to 0.9 | 332 | 4.9% | |
| 0.9 to 1.0 | 5 | 0.1% |
Frequently asked questions
What is the average correlation of LGL?
The LGL Group, Inc. (LGL) has an average correlation of about 0.254 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is LGL positively correlated with other stocks?
Mostly yes — 71.4% of pairs are positive and 28.6% are negative. Strong positive correlations (≥0.7) make up 9.8%.
What is the most common correlation range for LGL?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.2% of all pairs.
Explore the full interactive correlation distribution for LGL.
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