LLAP (LLAP) Correlation Distribution
Across 6,691 rolling correlation observations between LLAP (LLAP) and other NASDAQ-listed stocks, 63.6% are positive and 36.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.212, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 28.7% and strong negative correlations (≤−0.7) for 6.2%.
- Total observations
- 6,691
- Mean correlation
- 0.212
- Most common range
- 0.7 to 0.8
- Positive pairs
- 63.6%
- Strong positive (≥0.7)
- 28.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 207 | 3.1% | |
| -0.8 to -0.7 | 207 | 3.1% | |
| -0.7 to -0.6 | 380 | 5.7% | |
| -0.6 to -0.5 | 380 | 5.7% | |
| -0.5 to -0.4 | 287 | 4.3% | |
| -0.4 to -0.3 | 286 | 4.3% | |
| -0.3 to -0.2 | 240 | 3.6% | |
| -0.2 to -0.1 | 240 | 3.6% | |
| -0.1 to 0.0 | 207 | 3.1% | |
| 0.0 to 0.1 | 207 | 3.1% | |
| 0.1 to 0.2 | 249 | 3.7% | |
| 0.2 to 0.3 | 248 | 3.7% | |
| 0.3 to 0.4 | 325 | 4.9% | |
| 0.4 to 0.5 | 324 | 4.8% | |
| 0.5 to 0.6 | 491 | 7.3% | |
| 0.6 to 0.7 | 491 | 7.3% | |
| 0.7 to 0.8 | 808 | 12.1% | |
| 0.8 to 0.9 | 808 | 12.1% | |
| 0.9 to 1.0 | 305 | 4.6% |
Frequently asked questions
What is the average correlation of LLAP?
LLAP (LLAP) has an average correlation of about 0.212 with other NASDAQ stocks, based on 6,691 pairwise observations.
Is LLAP positively correlated with other stocks?
Mostly yes — 63.6% of pairs are positive and 36.4% are negative. Strong positive correlations (≥0.7) make up 28.7%.
What is the most common correlation range for LLAP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.8% of all pairs.
Explore the full interactive correlation distribution for LLAP.
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