LSB INDUSTRIES INC (LXU) Correlation Distribution
Across 6,809 rolling correlation observations between LSB INDUSTRIES INC (LXU) and other NASDAQ-listed stocks, 46.1% are positive and 53.9% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.028, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 4.8% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 6,809
- Mean correlation
- -0.028
- Most common range
- -0.5 to -0.4
- Positive pairs
- 46.1%
- Strong positive (≥0.7)
- 4.8%
- Sector
- Industrial Inorganic Chemicals
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 82 | 1.2% | |
| -0.8 to -0.7 | 81 | 1.2% | |
| -0.7 to -0.6 | 403 | 5.9% | |
| -0.6 to -0.5 | 402 | 5.9% | |
| -0.5 to -0.4 | 575 | 8.4% | |
| -0.4 to -0.3 | 575 | 8.4% | |
| -0.3 to -0.2 | 499 | 7.3% | |
| -0.2 to -0.1 | 499 | 7.3% | |
| -0.1 to 0.0 | 554 | 8.1% | |
| 0.0 to 0.1 | 553 | 8.1% | |
| 0.1 to 0.2 | 481 | 7.1% | |
| 0.2 to 0.3 | 480 | 7.0% | |
| 0.3 to 0.4 | 375 | 5.5% | |
| 0.4 to 0.5 | 375 | 5.5% | |
| 0.5 to 0.6 | 275 | 4.0% | |
| 0.6 to 0.7 | 275 | 4.0% | |
| 0.7 to 0.8 | 156 | 2.3% | |
| 0.8 to 0.9 | 156 | 2.3% | |
| 0.9 to 1.0 | 13 | 0.2% |
Frequently asked questions
What is the average correlation of LXU?
LSB INDUSTRIES INC (LXU) has an average correlation of about -0.028 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LXU positively correlated with other stocks?
Not predominantly — 46.1% of pairs are positive and 53.9% are negative. Strong positive correlations (≥0.7) make up 4.8%.
What is the most common correlation range for LXU?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 45% of all pairs.
Explore the full interactive correlation distribution for LXU.
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