LMNL (LMNL) Correlation Distribution
Across 6,288 rolling correlation observations between LMNL (LMNL) and other NASDAQ-listed stocks, 55.7% are positive and 44.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.078, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.4% and strong negative correlations (≤−0.7) for 9.3%.
- Total observations
- 6,288
- Mean correlation
- 0.078
- Most common range
- 0.5 to 0.6
- Positive pairs
- 55.7%
- Strong positive (≥0.7)
- 16.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 293 | 4.7% | |
| -0.8 to -0.7 | 293 | 4.7% | |
| -0.7 to -0.6 | 389 | 6.2% | |
| -0.6 to -0.5 | 388 | 6.2% | |
| -0.5 to -0.4 | 322 | 5.1% | |
| -0.4 to -0.3 | 321 | 5.1% | |
| -0.3 to -0.2 | 267 | 4.2% | |
| -0.2 to -0.1 | 267 | 4.2% | |
| -0.1 to 0.0 | 247 | 3.9% | |
| 0.0 to 0.1 | 246 | 3.9% | |
| 0.1 to 0.2 | 306 | 4.9% | |
| 0.2 to 0.3 | 305 | 4.9% | |
| 0.3 to 0.4 | 399 | 6.3% | |
| 0.4 to 0.5 | 399 | 6.3% | |
| 0.5 to 0.6 | 407 | 6.5% | |
| 0.6 to 0.7 | 406 | 6.5% | |
| 0.7 to 0.8 | 402 | 6.4% | |
| 0.8 to 0.9 | 401 | 6.4% | |
| 0.9 to 1.0 | 229 | 3.6% |
Frequently asked questions
What is the average correlation of LMNL?
LMNL (LMNL) has an average correlation of about 0.078 with other NASDAQ stocks, based on 6,288 pairwise observations.
Is LMNL positively correlated with other stocks?
Mostly yes — 55.7% of pairs are positive and 44.3% are negative. Strong positive correlations (≥0.7) make up 16.4%.
What is the most common correlation range for LMNL?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 26% of all pairs.
Explore the full interactive correlation distribution for LMNL.
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