Expeditors International Correlations

EXPD Stock

USD 147.36 0.22 0.15%

The current 90-days correlation between Expeditors International and Guidewire Software is -0.08 (i.e., Good diversification). The correlation of Expeditors International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Expeditors International Correlation With Market

Modest diversification

The correlation between Expeditors International of and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Expeditors International of and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Expeditors Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expeditors International of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Expeditors Stock

0.74	UPS	United Parcel Service	Pair Corr
0.67	UPS	UPS CDR	Pair Corr
0.74	601156	Eastern Air Logistics	Pair Corr
0.87	CHRW	CH Robinson Worldwide	Pair Corr
0.7	PPERY	Bank Mandiri Persero	Pair Corr
0.65	KB	KB Financial Group	Pair Corr
0.65	SHG	Shinhan Financial	Pair Corr
0.64	FCSUF	Focus Minerals	Pair Corr
0.74	E	Eni SpA ADR	Pair Corr

Moving against Expeditors Stock

0.79	TCI	Transport	Pair Corr
0.72	001317	San Yang Ma	Pair Corr
0.72	TOTAL	Total Transport Systems	Pair Corr
0.69	GVH	Globavend Holdings	Pair Corr
0.67	JYD	Jayud Global Logistics Trending	Pair Corr
0.65	000099	Citic Offshore Helicopter	Pair Corr
0.63	ATXG	Addentax Group Corp	Pair Corr
0.6	GXO	GXO Logistics	Pair Corr
0.51	603713	Milkyway Chemical Supply	Pair Corr
0.45	HKPD	Hong Kong Pharma	Pair Corr
0.45	MAHLOG	Mahindra Logistics	Pair Corr
0.32	SFWL	Shengfeng Development	Pair Corr

Related Correlations Analysis

	ASUR	BHRB	BVFL	PSWR	GWRE	CYBF	ISOL	CADE-PA
ASUR		-0.28	-0.44	0.0	0.21	0.0	0.0	-0.27	ASUR
BHRB	-0.28		0.71	0.0	-0.22	0.0	0.0	0.06	BHRB
BVFL	-0.44	0.71		0.0	-0.41	0.0	0.0	-0.02	BVFL
PSWR	0.0	0.0	0.0		0.0	1.0	1.0	0.0	PSWR
GWRE	0.21	-0.22	-0.41	0.0		0.0	0.0	0.48	GWRE
CYBF	0.0	0.0	0.0	1.0	0.0		1.0	0.0	CYBF
ISOL	0.0	0.0	0.0	1.0	0.0	1.0		0.0	ISOL
CADE-PA	-0.27	0.06	-0.02	0.0	0.48	0.0	0.0		CADE-PA
	ASUR	BHRB	BVFL	PSWR	GWRE	CYBF	ISOL	CADE-PA

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CYBF	+ 1.0	PSWR
ISOL	+ 1.0	PSWR
ISOL	+ 1.0	CYBF
BVFL	+ 0.71	BHRB
CADE-PA	+ 0.48	GWRE
GWRE	+ 0.21	ASUR

High negative correlations

BVFL	- 0.44	ASUR
GWRE	- 0.41	BVFL
BHRB	- 0.28	ASUR
CADE-PA	- 0.27	ASUR
GWRE	- 0.22	BHRB
CADE-PA	- 0.02	BVFL

Risk-Adjusted Indicators

There is a big difference between Expeditors Stock performing well and Expeditors International Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Expeditors International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ASUR	1.75	(0.13)	0.00	(0.03)	0.00	0.00	3.59	(3.51)	13.40
BHRB	1.19	(0.02)	(0.01)	0.04	1.37	(1.42)	3.16	(2.29)	7.93
BVFL	1.11	0.11	0.08	0.22	1.01	(1.32)	3.32	(1.94)	10.55
PSWR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GWRE	1.45	0.02	(0.01)	0.14	1.60	(1.75)	2.02	(2.42)	25.50
CYBF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ISOL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CADE-PA	0.60	0.01	(0.04)	0.10	0.70	(0.67)	1.34	(1.16)	3.67

Expeditors International Corporate Executives

Elected by the shareholders, the Expeditors International's board of directors comprises two types of representatives: Expeditors International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Expeditors. The board's role is to monitor Expeditors International's management team and ensure that shareholders' interests are well served. Expeditors International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Expeditors International's outside directors are responsible for providing unbiased perspectives on the board's policies.

Bradley Powell

CFO and Sr. VP

Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC