La-Z-Boy Incorporated (LZB) Correlation Distribution
Across 6,809 rolling correlation observations between La-Z-Boy Incorporated (LZB) and other NASDAQ-listed stocks, 67.5% are positive and 32.5% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.155, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.9% and strong negative correlations (≤−0.7) for 2.1%.
- Total observations
- 6,809
- Mean correlation
- 0.155
- Most common range
- 0.1 to 0.2
- Positive pairs
- 67.5%
- Strong positive (≥0.7)
- 6.9%
- Sector
- Household Furniture
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 71 | 1.0% | |
| -0.8 to -0.7 | 71 | 1.0% | |
| -0.7 to -0.6 | 168 | 2.5% | |
| -0.6 to -0.5 | 168 | 2.5% | |
| -0.5 to -0.4 | 224 | 3.3% | |
| -0.4 to -0.3 | 224 | 3.3% | |
| -0.3 to -0.2 | 365 | 5.4% | |
| -0.2 to -0.1 | 365 | 5.4% | |
| -0.1 to 0.0 | 559 | 8.2% | |
| 0.0 to 0.1 | 558 | 8.2% | |
| 0.1 to 0.2 | 736 | 10.8% | |
| 0.2 to 0.3 | 735 | 10.8% | |
| 0.3 to 0.4 | 591 | 8.7% | |
| 0.4 to 0.5 | 590 | 8.7% | |
| 0.5 to 0.6 | 457 | 6.7% | |
| 0.6 to 0.7 | 457 | 6.7% | |
| 0.7 to 0.8 | 224 | 3.3% | |
| 0.8 to 0.9 | 223 | 3.3% | |
| 0.9 to 1.0 | 23 | 0.3% |
Frequently asked questions
What is the average correlation of LZB?
La-Z-Boy Incorporated (LZB) has an average correlation of about 0.155 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LZB positively correlated with other stocks?
Mostly yes — 67.5% of pairs are positive and 32.5% are negative. Strong positive correlations (≥0.7) make up 6.9%.
What is the most common correlation range for LZB?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 48.7% of all pairs.
Explore the full interactive correlation distribution for LZB.
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