Limbach Holdings, Inc Common Stock (LMB) Correlation Distribution
Across 6,809 rolling correlation observations between Limbach Holdings, Inc Common Stock (LMB) and other NASDAQ-listed stocks, 37.5% are positive and 62.5% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.088, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.3% and strong negative correlations (≤−0.7) for 8.4%.
- Total observations
- 6,809
- Mean correlation
- -0.088
- Most common range
- -0.5 to -0.4
- Positive pairs
- 37.5%
- Strong positive (≥0.7)
- 15.3%
- Sector
- Construction - Special Trade Contractors
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 13 | 0.2% | |
| -0.9 to -0.8 | 279 | 4.1% | |
| -0.8 to -0.7 | 279 | 4.1% | |
| -0.7 to -0.6 | 714 | 10.5% | |
| -0.6 to -0.5 | 714 | 10.5% | |
| -0.5 to -0.4 | 716 | 10.5% | |
| -0.4 to -0.3 | 715 | 10.5% | |
| -0.3 to -0.2 | 301 | 4.4% | |
| -0.2 to -0.1 | 301 | 4.4% | |
| -0.1 to 0.0 | 224 | 3.3% | |
| 0.0 to 0.1 | 223 | 3.3% | |
| 0.1 to 0.2 | 196 | 2.9% | |
| 0.2 to 0.3 | 195 | 2.9% | |
| 0.3 to 0.4 | 217 | 3.2% | |
| 0.4 to 0.5 | 217 | 3.2% | |
| 0.5 to 0.6 | 232 | 3.4% | |
| 0.6 to 0.7 | 231 | 3.4% | |
| 0.7 to 0.8 | 360 | 5.3% | |
| 0.8 to 0.9 | 359 | 5.3% | |
| 0.9 to 1.0 | 323 | 4.7% |
Frequently asked questions
What is the average correlation of LMB?
Limbach Holdings, Inc Common Stock (LMB) has an average correlation of about -0.088 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LMB positively correlated with other stocks?
Not predominantly — 37.5% of pairs are positive and 62.5% are negative. Strong positive correlations (≥0.7) make up 15.3%.
What is the most common correlation range for LMB?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 21.1% of all pairs.
Explore the full interactive correlation distribution for LMB.
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