LGVCW (LGVCW) Correlation Distribution
Across 5,401 rolling correlation observations between LGVCW (LGVCW) and other NASDAQ-listed stocks, 75.1% are positive and 24.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.378, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 37.5% and strong negative correlations (≤−0.7) for 0.9%.
- Total observations
- 5,401
- Mean correlation
- 0.378
- Most common range
- 0.7 to 0.8
- Positive pairs
- 75.1%
- Strong positive (≥0.7)
- 37.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 24 | 0.4% | |
| -0.8 to -0.7 | 24 | 0.4% | |
| -0.7 to -0.6 | 134 | 2.5% | |
| -0.6 to -0.5 | 134 | 2.5% | |
| -0.5 to -0.4 | 216 | 4.0% | |
| -0.4 to -0.3 | 215 | 4.0% | |
| -0.3 to -0.2 | 206 | 3.8% | |
| -0.2 to -0.1 | 206 | 3.8% | |
| -0.1 to 0.0 | 186 | 3.4% | |
| 0.0 to 0.1 | 186 | 3.4% | |
| 0.1 to 0.2 | 208 | 3.9% | |
| 0.2 to 0.3 | 208 | 3.9% | |
| 0.3 to 0.4 | 300 | 5.6% | |
| 0.4 to 0.5 | 299 | 5.5% | |
| 0.5 to 0.6 | 414 | 7.7% | |
| 0.6 to 0.7 | 414 | 7.7% | |
| 0.7 to 0.8 | 837 | 15.5% | |
| 0.8 to 0.9 | 836 | 15.5% | |
| 0.9 to 1.0 | 354 | 6.6% |
Frequently asked questions
What is the average correlation of LGVCW?
LGVCW (LGVCW) has an average correlation of about 0.378 with other NASDAQ stocks, based on 5,401 pairwise observations.
Is LGVCW positively correlated with other stocks?
Mostly yes — 75.1% of pairs are positive and 24.9% are negative. Strong positive correlations (≥0.7) make up 37.5%.
What is the most common correlation range for LGVCW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.2% of all pairs.
Explore the full interactive correlation distribution for LGVCW.
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