LGSTW (LGSTW) Correlation Distribution
Across 6,112 rolling correlation observations between LGSTW (LGSTW) and other NASDAQ-listed stocks, 74.8% are positive and 25.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.384, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 41.1% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,112
- Mean correlation
- 0.384
- Most common range
- 0.7 to 0.8
- Positive pairs
- 74.8%
- Strong positive (≥0.7)
- 41.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 61 | 1.0% | |
| -0.8 to -0.7 | 60 | 1.0% | |
| -0.7 to -0.6 | 207 | 3.4% | |
| -0.6 to -0.5 | 206 | 3.4% | |
| -0.5 to -0.4 | 202 | 3.3% | |
| -0.4 to -0.3 | 202 | 3.3% | |
| -0.3 to -0.2 | 207 | 3.4% | |
| -0.2 to -0.1 | 207 | 3.4% | |
| -0.1 to 0.0 | 187 | 3.1% | |
| 0.0 to 0.1 | 187 | 3.1% | |
| 0.1 to 0.2 | 208 | 3.4% | |
| 0.2 to 0.3 | 208 | 3.4% | |
| 0.3 to 0.4 | 298 | 4.9% | |
| 0.4 to 0.5 | 297 | 4.9% | |
| 0.5 to 0.6 | 430 | 7.0% | |
| 0.6 to 0.7 | 429 | 7.0% | |
| 0.7 to 0.8 | 942 | 15.4% | |
| 0.8 to 0.9 | 942 | 15.4% | |
| 0.9 to 1.0 | 629 | 10.3% |
Frequently asked questions
What is the average correlation of LGSTW?
LGSTW (LGSTW) has an average correlation of about 0.384 with other NASDAQ stocks, based on 6,112 pairwise observations.
Is LGSTW positively correlated with other stocks?
Mostly yes — 74.8% of pairs are positive and 25.2% are negative. Strong positive correlations (≥0.7) make up 41.1%.
What is the most common correlation range for LGSTW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.7% of all pairs.
Explore the full interactive correlation distribution for LGSTW.
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