BrasilAgro - Companhia Brasileira de Propriedades Agracolas (LND) Correlation Distribution
Across 6,809 rolling correlation observations between BrasilAgro - Companhia Brasileira de Propriedades Agracolas (LND) and other NASDAQ-listed stocks, 61.4% are positive and 38.6% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.089, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.4% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,809
- Mean correlation
- 0.089
- Most common range
- 0.1 to 0.2
- Positive pairs
- 61.4%
- Strong positive (≥0.7)
- 1.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 36 | 0.5% | |
| -0.8 to -0.7 | 36 | 0.5% | |
| -0.7 to -0.6 | 125 | 1.8% | |
| -0.6 to -0.5 | 124 | 1.8% | |
| -0.5 to -0.4 | 358 | 5.3% | |
| -0.4 to -0.3 | 357 | 5.2% | |
| -0.3 to -0.2 | 475 | 7.0% | |
| -0.2 to -0.1 | 475 | 7.0% | |
| -0.1 to 0.0 | 641 | 9.4% | |
| 0.0 to 0.1 | 640 | 9.4% | |
| 0.1 to 0.2 | 750 | 11.0% | |
| 0.2 to 0.3 | 749 | 11.0% | |
| 0.3 to 0.4 | 627 | 9.2% | |
| 0.4 to 0.5 | 626 | 9.2% | |
| 0.5 to 0.6 | 347 | 5.1% | |
| 0.6 to 0.7 | 347 | 5.1% | |
| 0.7 to 0.8 | 47 | 0.7% | |
| 0.8 to 0.9 | 47 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of LND?
BrasilAgro - Companhia Brasileira de Propriedades Agracolas (LND) has an average correlation of about 0.089 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LND positively correlated with other stocks?
Mostly yes — 61.4% of pairs are positive and 38.6% are negative. Strong positive correlations (≥0.7) make up 1.4%.
What is the most common correlation range for LND?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 54.8% of all pairs.
Explore the full interactive correlation distribution for LND.
Open interactive dashboard →