Liberty Latin America Ltd. Class A Common Stock (LILA) Correlation Distribution
Across 6,809 rolling correlation observations between Liberty Latin America Ltd. Class A Common Stock (LILA) and other NASDAQ-listed stocks, 71% are positive and 29% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.302, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 28.2% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,809
- Mean correlation
- 0.302
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71%
- Strong positive (≥0.7)
- 28.2%
- Sector
- Cable & Other Pay Television Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 8 | 0.1% | |
| -0.8 to -0.7 | 8 | 0.1% | |
| -0.7 to -0.6 | 219 | 3.2% | |
| -0.6 to -0.5 | 218 | 3.2% | |
| -0.5 to -0.4 | 320 | 4.7% | |
| -0.4 to -0.3 | 319 | 4.7% | |
| -0.3 to -0.2 | 294 | 4.3% | |
| -0.2 to -0.1 | 294 | 4.3% | |
| -0.1 to 0.0 | 295 | 4.3% | |
| 0.0 to 0.1 | 294 | 4.3% | |
| 0.1 to 0.2 | 328 | 4.8% | |
| 0.2 to 0.3 | 327 | 4.8% | |
| 0.3 to 0.4 | 364 | 5.3% | |
| 0.4 to 0.5 | 364 | 5.3% | |
| 0.5 to 0.6 | 619 | 9.1% | |
| 0.6 to 0.7 | 618 | 9.1% | |
| 0.7 to 0.8 | 937 | 13.8% | |
| 0.8 to 0.9 | 936 | 13.7% | |
| 0.9 to 1.0 | 44 | 0.6% |
Frequently asked questions
What is the average correlation of LILA?
Liberty Latin America Ltd. Class A Common Stock (LILA) has an average correlation of about 0.302 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LILA positively correlated with other stocks?
Mostly yes — 71% of pairs are positive and 29% are negative. Strong positive correlations (≥0.7) make up 28.2%.
What is the most common correlation range for LILA?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 26.9% of all pairs.
Explore the full interactive correlation distribution for LILA.
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