Lockheed Martin Corp. (LMT) Correlation Distribution
Across 6,809 rolling correlation observations between Lockheed Martin Corp. (LMT) and other NASDAQ-listed stocks, 35.3% are positive and 64.7% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.191, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 4.2% and strong negative correlations (≤−0.7) for 17.8%.
- Total observations
- 6,809
- Mean correlation
- -0.191
- Most common range
- -0.7 to -0.6
- Positive pairs
- 35.3%
- Strong positive (≥0.7)
- 4.2%
- Sector
- Guided Missiles & Space Vehicles & Parts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 606 | 8.9% | |
| -0.8 to -0.7 | 606 | 8.9% | |
| -0.7 to -0.6 | 754 | 11.1% | |
| -0.6 to -0.5 | 753 | 11.1% | |
| -0.5 to -0.4 | 411 | 6.0% | |
| -0.4 to -0.3 | 410 | 6.0% | |
| -0.3 to -0.2 | 317 | 4.7% | |
| -0.2 to -0.1 | 317 | 4.7% | |
| -0.1 to 0.0 | 230 | 3.4% | |
| 0.0 to 0.1 | 230 | 3.4% | |
| 0.1 to 0.2 | 265 | 3.9% | |
| 0.2 to 0.3 | 265 | 3.9% | |
| 0.3 to 0.4 | 309 | 4.5% | |
| 0.4 to 0.5 | 308 | 4.5% | |
| 0.5 to 0.6 | 371 | 5.4% | |
| 0.6 to 0.7 | 371 | 5.4% | |
| 0.7 to 0.8 | 143 | 2.1% | |
| 0.8 to 0.9 | 143 | 2.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of LMT?
Lockheed Martin Corp. (LMT) has an average correlation of about -0.191 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LMT positively correlated with other stocks?
Not predominantly — 35.3% of pairs are positive and 64.7% are negative. Strong positive correlations (≥0.7) make up 4.2%.
What is the most common correlation range for LMT?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 23.9% of all pairs.
Explore the full interactive correlation distribution for LMT.
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