United States Lime & Minerals (USLM) Correlation Distribution
Across 6,809 rolling correlation observations between United States Lime & Minerals (USLM) and other NASDAQ-listed stocks, 39.2% are positive and 60.8% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.053, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.8% and strong negative correlations (≤−0.7) for 5.6%.
- Total observations
- 6,809
- Mean correlation
- -0.053
- Most common range
- -0.5 to -0.4
- Positive pairs
- 39.2%
- Strong positive (≥0.7)
- 15.8%
- Sector
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 189 | 2.8% | |
| -0.8 to -0.7 | 188 | 2.8% | |
| -0.7 to -0.6 | 624 | 9.2% | |
| -0.6 to -0.5 | 624 | 9.2% | |
| -0.5 to -0.4 | 804 | 11.8% | |
| -0.4 to -0.3 | 804 | 11.8% | |
| -0.3 to -0.2 | 327 | 4.8% | |
| -0.2 to -0.1 | 327 | 4.8% | |
| -0.1 to 0.0 | 251 | 3.7% | |
| 0.0 to 0.1 | 251 | 3.7% | |
| 0.1 to 0.2 | 197 | 2.9% | |
| 0.2 to 0.3 | 197 | 2.9% | |
| 0.3 to 0.4 | 216 | 3.2% | |
| 0.4 to 0.5 | 216 | 3.2% | |
| 0.5 to 0.6 | 257 | 3.8% | |
| 0.6 to 0.7 | 257 | 3.8% | |
| 0.7 to 0.8 | 412 | 6.1% | |
| 0.8 to 0.9 | 412 | 6.1% | |
| 0.9 to 1.0 | 255 | 3.7% |
Frequently asked questions
What is the average correlation of USLM?
United States Lime & Minerals (USLM) has an average correlation of about -0.053 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is USLM positively correlated with other stocks?
Not predominantly — 39.2% of pairs are positive and 60.8% are negative. Strong positive correlations (≥0.7) make up 15.8%.
What is the most common correlation range for USLM?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 22.8% of all pairs.
Explore the full interactive correlation distribution for USLM.
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