LGVC (LGVC) Correlation Distribution
Across 6,155 rolling correlation observations between LGVC (LGVC) and other NASDAQ-listed stocks, 29.6% are positive and 70.4% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.1, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 0.8% and strong negative correlations (≤−0.7) for 2.2%.
- Total observations
- 6,155
- Mean correlation
- -0.1
- Most common range
- -0.3 to -0.2
- Positive pairs
- 29.6%
- Strong positive (≥0.7)
- 0.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 20 | 0.3% | |
| -0.9 to -0.8 | 58 | 0.9% | |
| -0.8 to -0.7 | 58 | 0.9% | |
| -0.7 to -0.6 | 40 | 0.6% | |
| -0.6 to -0.5 | 40 | 0.6% | |
| -0.5 to -0.4 | 192 | 3.1% | |
| -0.4 to -0.3 | 191 | 3.1% | |
| -0.3 to -0.2 | 1,455 | 23.6% | |
| -0.2 to -0.1 | 1,455 | 23.6% | |
| -0.1 to 0.0 | 827 | 13.4% | |
| 0.0 to 0.1 | 826 | 13.4% | |
| 0.1 to 0.2 | 370 | 6.0% | |
| 0.2 to 0.3 | 370 | 6.0% | |
| 0.3 to 0.4 | 83 | 1.3% | |
| 0.4 to 0.5 | 83 | 1.3% | |
| 0.5 to 0.6 | 18 | 0.3% | |
| 0.6 to 0.7 | 17 | 0.3% | |
| 0.7 to 0.8 | 14 | 0.2% | |
| 0.8 to 0.9 | 14 | 0.2% | |
| 0.9 to 1.0 | 24 | 0.4% |
Frequently asked questions
What is the average correlation of LGVC?
LGVC (LGVC) has an average correlation of about -0.1 with other NASDAQ stocks, based on 6,155 pairwise observations.
Is LGVC positively correlated with other stocks?
Not predominantly — 29.6% of pairs are positive and 70.4% are negative. Strong positive correlations (≥0.7) make up 0.8%.
What is the most common correlation range for LGVC?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 86.2% of all pairs.
Explore the full interactive correlation distribution for LGVC.
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