The Lovesac Company Common Stock (LOVE) Correlation Distribution
Across 6,809 rolling correlation observations between The Lovesac Company Common Stock (LOVE) and other NASDAQ-listed stocks, 74.3% are positive and 25.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.348, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 31.9% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,809
- Mean correlation
- 0.348
- Most common range
- 0.7 to 0.8
- Positive pairs
- 74.3%
- Strong positive (≥0.7)
- 31.9%
- Sector
- Retail-Furniture Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 5 | 0.1% | |
| -0.8 to -0.7 | 5 | 0.1% | |
| -0.7 to -0.6 | 145 | 2.1% | |
| -0.6 to -0.5 | 145 | 2.1% | |
| -0.5 to -0.4 | 312 | 4.6% | |
| -0.4 to -0.3 | 311 | 4.6% | |
| -0.3 to -0.2 | 271 | 4.0% | |
| -0.2 to -0.1 | 271 | 4.0% | |
| -0.1 to 0.0 | 288 | 4.2% | |
| 0.0 to 0.1 | 288 | 4.2% | |
| 0.1 to 0.2 | 333 | 4.9% | |
| 0.2 to 0.3 | 332 | 4.9% | |
| 0.3 to 0.4 | 382 | 5.6% | |
| 0.4 to 0.5 | 382 | 5.6% | |
| 0.5 to 0.6 | 582 | 8.5% | |
| 0.6 to 0.7 | 582 | 8.5% | |
| 0.7 to 0.8 | 980 | 14.4% | |
| 0.8 to 0.9 | 980 | 14.4% | |
| 0.9 to 1.0 | 215 | 3.2% |
Frequently asked questions
What is the average correlation of LOVE?
The Lovesac Company Common Stock (LOVE) has an average correlation of about 0.348 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LOVE positively correlated with other stocks?
Mostly yes — 74.3% of pairs are positive and 25.7% are negative. Strong positive correlations (≥0.7) make up 31.9%.
What is the most common correlation range for LOVE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 26.2% of all pairs.
Explore the full interactive correlation distribution for LOVE.
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