Latham Group, Inc. Common Stock (SWIM) Correlation Distribution
Across 6,806 rolling correlation observations between Latham Group, Inc. Common Stock (SWIM) and other NASDAQ-listed stocks, 72.2% are positive and 27.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.361, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 40.2% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,806
- Mean correlation
- 0.361
- Most common range
- 0.7 to 0.8
- Positive pairs
- 72.2%
- Strong positive (≥0.7)
- 40.2%
- Sector
- Plastics Products, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 63 | 0.9% | |
| -0.8 to -0.7 | 62 | 0.9% | |
| -0.7 to -0.6 | 212 | 3.1% | |
| -0.6 to -0.5 | 211 | 3.1% | |
| -0.5 to -0.4 | 306 | 4.5% | |
| -0.4 to -0.3 | 306 | 4.5% | |
| -0.3 to -0.2 | 265 | 3.9% | |
| -0.2 to -0.1 | 264 | 3.9% | |
| -0.1 to 0.0 | 205 | 3.0% | |
| 0.0 to 0.1 | 204 | 3.0% | |
| 0.1 to 0.2 | 238 | 3.5% | |
| 0.2 to 0.3 | 237 | 3.5% | |
| 0.3 to 0.4 | 302 | 4.4% | |
| 0.4 to 0.5 | 302 | 4.4% | |
| 0.5 to 0.6 | 446 | 6.6% | |
| 0.6 to 0.7 | 445 | 6.5% | |
| 0.7 to 0.8 | 1,026 | 15.1% | |
| 0.8 to 0.9 | 1,026 | 15.1% | |
| 0.9 to 1.0 | 685 | 10.1% |
Frequently asked questions
What is the average correlation of SWIM?
Latham Group, Inc. Common Stock (SWIM) has an average correlation of about 0.361 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is SWIM positively correlated with other stocks?
Mostly yes — 72.2% of pairs are positive and 27.8% are negative. Strong positive correlations (≥0.7) make up 40.2%.
What is the most common correlation range for SWIM?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.8% of all pairs.
Explore the full interactive correlation distribution for SWIM.
Open interactive dashboard →