LMP Capital and Income Fund, Inc. (SCD) Correlation Distribution
Across 6,809 rolling correlation observations between LMP Capital and Income Fund, Inc. (SCD) and other NASDAQ-listed stocks, 53.8% are positive and 46.2% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.114, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 15.8% and strong negative correlations (≤−0.7) for 1.5%.
- Total observations
- 6,809
- Mean correlation
- 0.114
- Most common range
- -0.3 to -0.2
- Positive pairs
- 53.8%
- Strong positive (≥0.7)
- 15.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 49 | 0.7% | |
| -0.8 to -0.7 | 49 | 0.7% | |
| -0.7 to -0.6 | 239 | 3.5% | |
| -0.6 to -0.5 | 239 | 3.5% | |
| -0.5 to -0.4 | 476 | 7.0% | |
| -0.4 to -0.3 | 476 | 7.0% | |
| -0.3 to -0.2 | 577 | 8.5% | |
| -0.2 to -0.1 | 576 | 8.5% | |
| -0.1 to 0.0 | 462 | 6.8% | |
| 0.0 to 0.1 | 462 | 6.8% | |
| 0.1 to 0.2 | 322 | 4.7% | |
| 0.2 to 0.3 | 321 | 4.7% | |
| 0.3 to 0.4 | 334 | 4.9% | |
| 0.4 to 0.5 | 333 | 4.9% | |
| 0.5 to 0.6 | 409 | 6.0% | |
| 0.6 to 0.7 | 409 | 6.0% | |
| 0.7 to 0.8 | 501 | 7.4% | |
| 0.8 to 0.9 | 501 | 7.4% | |
| 0.9 to 1.0 | 72 | 1.1% |
Frequently asked questions
What is the average correlation of SCD?
LMP Capital and Income Fund, Inc. (SCD) has an average correlation of about 0.114 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SCD positively correlated with other stocks?
Mostly yes — 53.8% of pairs are positive and 46.2% are negative. Strong positive correlations (≥0.7) make up 15.8%.
What is the most common correlation range for SCD?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 39.9% of all pairs.
Explore the full interactive correlation distribution for SCD.
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