Lamb Weston Holdings, Inc. (LW) Correlation Distribution
Across 6,809 rolling correlation observations between Lamb Weston Holdings, Inc. (LW) and other NASDAQ-listed stocks, 29.8% are positive and 70.2% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.142, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 2% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,809
- Mean correlation
- -0.142
- Most common range
- -0.3 to -0.2
- Positive pairs
- 29.8%
- Strong positive (≥0.7)
- 2%
- Sector
- Canned, Frozen & Preservd Fruit, Veg & Food Specialties
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 93 | 1.4% | |
| -0.8 to -0.7 | 93 | 1.4% | |
| -0.7 to -0.6 | 344 | 5.1% | |
| -0.6 to -0.5 | 343 | 5.0% | |
| -0.5 to -0.4 | 806 | 11.8% | |
| -0.4 to -0.3 | 805 | 11.8% | |
| -0.3 to -0.2 | 894 | 13.1% | |
| -0.2 to -0.1 | 894 | 13.1% | |
| -0.1 to 0.0 | 506 | 7.4% | |
| 0.0 to 0.1 | 506 | 7.4% | |
| 0.1 to 0.2 | 322 | 4.7% | |
| 0.2 to 0.3 | 321 | 4.7% | |
| 0.3 to 0.4 | 220 | 3.2% | |
| 0.4 to 0.5 | 219 | 3.2% | |
| 0.5 to 0.6 | 154 | 2.3% | |
| 0.6 to 0.7 | 153 | 2.2% | |
| 0.7 to 0.8 | 66 | 1.0% | |
| 0.8 to 0.9 | 66 | 1.0% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of LW?
Lamb Weston Holdings, Inc. (LW) has an average correlation of about -0.142 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LW positively correlated with other stocks?
Not predominantly — 29.8% of pairs are positive and 70.2% are negative. Strong positive correlations (≥0.7) make up 2%.
What is the most common correlation range for LW?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 50.6% of all pairs.
Explore the full interactive correlation distribution for LW.
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