LOOP MEDIA INC (LPTV) Correlation Distribution
Across 6,763 rolling correlation observations between LOOP MEDIA INC (LPTV) and other NASDAQ-listed stocks, 62.7% are positive and 37.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.171, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 26% and strong negative correlations (≤−0.7) for 12.1%.
- Total observations
- 6,763
- Mean correlation
- 0.171
- Most common range
- 0.7 to 0.8
- Positive pairs
- 62.7%
- Strong positive (≥0.7)
- 26%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 89 | 1.3% | |
| -0.9 to -0.8 | 365 | 5.4% | |
| -0.8 to -0.7 | 364 | 5.4% | |
| -0.7 to -0.6 | 325 | 4.8% | |
| -0.6 to -0.5 | 324 | 4.8% | |
| -0.5 to -0.4 | 237 | 3.5% | |
| -0.4 to -0.3 | 237 | 3.5% | |
| -0.3 to -0.2 | 188 | 2.8% | |
| -0.2 to -0.1 | 188 | 2.8% | |
| -0.1 to 0.0 | 206 | 3.0% | |
| 0.0 to 0.1 | 205 | 3.0% | |
| 0.1 to 0.2 | 246 | 3.6% | |
| 0.2 to 0.3 | 245 | 3.6% | |
| 0.3 to 0.4 | 335 | 5.0% | |
| 0.4 to 0.5 | 334 | 4.9% | |
| 0.5 to 0.6 | 557 | 8.2% | |
| 0.6 to 0.7 | 557 | 8.2% | |
| 0.7 to 0.8 | 765 | 11.3% | |
| 0.8 to 0.9 | 764 | 11.3% | |
| 0.9 to 1.0 | 232 | 3.4% |
Frequently asked questions
What is the average correlation of LPTV?
LOOP MEDIA INC (LPTV) has an average correlation of about 0.171 with other NASDAQ stocks, based on 6,763 pairwise observations.
Is LPTV positively correlated with other stocks?
Mostly yes — 62.7% of pairs are positive and 37.3% are negative. Strong positive correlations (≥0.7) make up 26%.
What is the most common correlation range for LPTV?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.9% of all pairs.
Explore the full interactive correlation distribution for LPTV.
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