Longeveron Inc. Common Stock (LGVN) Correlation Distribution
Across 6,806 rolling correlation observations between Longeveron Inc. Common Stock (LGVN) and other NASDAQ-listed stocks, 68.4% are positive and 31.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.2, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9.6% and strong negative correlations (≤−0.7) for 2.8%.
- Total observations
- 6,806
- Mean correlation
- 0.2
- Most common range
- 0.5 to 0.6
- Positive pairs
- 68.4%
- Strong positive (≥0.7)
- 9.6%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 13 | 0.2% | |
| -0.9 to -0.8 | 90 | 1.3% | |
| -0.8 to -0.7 | 90 | 1.3% | |
| -0.7 to -0.6 | 372 | 5.5% | |
| -0.6 to -0.5 | 371 | 5.5% | |
| -0.5 to -0.4 | 281 | 4.1% | |
| -0.4 to -0.3 | 280 | 4.1% | |
| -0.3 to -0.2 | 213 | 3.1% | |
| -0.2 to -0.1 | 213 | 3.1% | |
| -0.1 to 0.0 | 225 | 3.3% | |
| 0.0 to 0.1 | 224 | 3.3% | |
| 0.1 to 0.2 | 307 | 4.5% | |
| 0.2 to 0.3 | 307 | 4.5% | |
| 0.3 to 0.4 | 695 | 10.2% | |
| 0.4 to 0.5 | 695 | 10.2% | |
| 0.5 to 0.6 | 889 | 13.1% | |
| 0.6 to 0.7 | 888 | 13.0% | |
| 0.7 to 0.8 | 303 | 4.5% | |
| 0.8 to 0.9 | 303 | 4.5% | |
| 0.9 to 1.0 | 47 | 0.7% |
Frequently asked questions
What is the average correlation of LGVN?
Longeveron Inc. Common Stock (LGVN) has an average correlation of about 0.2 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is LGVN positively correlated with other stocks?
Mostly yes — 68.4% of pairs are positive and 31.6% are negative. Strong positive correlations (≥0.7) make up 9.6%.
What is the most common correlation range for LGVN?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 21.9% of all pairs.
Explore the full interactive correlation distribution for LGVN.
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