Liberty Latin America Ltd. Class C Common Stock (LILAK) Correlation Distribution
Across 6,809 rolling correlation observations between Liberty Latin America Ltd. Class C Common Stock (LILAK) 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 0.301, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 27.7% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- 0.301
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71%
- Strong positive (≥0.7)
- 27.7%
- 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 | 6 | 0.1% | |
| -0.8 to -0.7 | 5 | 0.1% | |
| -0.7 to -0.6 | 212 | 3.1% | |
| -0.6 to -0.5 | 211 | 3.1% | |
| -0.5 to -0.4 | 323 | 4.7% | |
| -0.4 to -0.3 | 322 | 4.7% | |
| -0.3 to -0.2 | 295 | 4.3% | |
| -0.2 to -0.1 | 295 | 4.3% | |
| -0.1 to 0.0 | 303 | 4.4% | |
| 0.0 to 0.1 | 303 | 4.4% | |
| 0.1 to 0.2 | 324 | 4.8% | |
| 0.2 to 0.3 | 324 | 4.8% | |
| 0.3 to 0.4 | 374 | 5.5% | |
| 0.4 to 0.5 | 374 | 5.5% | |
| 0.5 to 0.6 | 625 | 9.2% | |
| 0.6 to 0.7 | 625 | 9.2% | |
| 0.7 to 0.8 | 923 | 13.6% | |
| 0.8 to 0.9 | 923 | 13.6% | |
| 0.9 to 1.0 | 39 | 0.6% |
Frequently asked questions
What is the average correlation of LILAK?
Liberty Latin America Ltd. Class C Common Stock (LILAK) has an average correlation of about 0.301 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LILAK positively correlated with other stocks?
Mostly yes — 71% of pairs are positive and 29% are negative. Strong positive correlations (≥0.7) make up 27.7%.
What is the most common correlation range for LILAK?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 27.1% of all pairs.
Explore the full interactive correlation distribution for LILAK.
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