Landstar System Correlations

LSTR Stock

USD 130.17 0.28 0.22%

The current 90-days correlation between Landstar System and Everus Construction Group is 0.39 (i.e., Weak diversification). The correlation of Landstar System 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Landstar System Correlation With Market

Very weak diversification

The correlation between Landstar System and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Landstar System and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Landstar Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.

Moving together with Landstar Stock

0.71	KNX	Knight Transportation	Pair Corr
0.71	MRTN	Marten Transport	Pair Corr

Moving against Landstar Stock

0.71	HXGBF	Hexagon AB	Pair Corr
0.68	TATT	Tat Techno	Pair Corr
0.61	PUK	Prudential PLC ADR	Pair Corr
0.61	BRST	Broad Street Realty	Pair Corr
0.6	EKDHF	EKF Diagnostics Holdings	Pair Corr
0.52	HTWSF	Helios Towers plc	Pair Corr
0.52	STNE	StoneCo	Pair Corr
0.5	EMPPF	EMP Metals Corp	Pair Corr
0.41	NAUBF	National Australia Bank	Pair Corr
0.37	SOHGF	Sohgo Security Services	Pair Corr
0.37	IAFNF	iA Financial	Pair Corr
0.35	CRGOW	Freightos Limited	Pair Corr
0.34	WSOUF	Washington H Soul	Pair Corr
0.63	SFIIF	Skyfii Limited	Pair Corr
0.57	TSLA	Tesla Inc	Pair Corr
0.55	SOFE	Carepay Holdings	Pair Corr
0.46	ITNF	Internet Infinity	Pair Corr
0.46	BRK-B	Berkshire Hathaway	Pair Corr
0.39	PVSP	Pervasip Corp	Pair Corr
0.37	DIALF	Dialight plc	Pair Corr
0.35	NGCRY	Nagacorp ADR	Pair Corr
0.34	ONSS	Onassis Holdings Corp	Pair Corr

Related Correlations Analysis

	ECG	AGX	FELE	BCO	GVA	ENS	SNDR	ACA	MWA	CSW
ECG		0.88	0.28	0.56	0.36	0.93	-0.58	0.12	-0.02	-0.64	ECG
AGX	0.88		-0.03	0.3	0.1	0.83	-0.68	-0.18	-0.26	-0.64	AGX
FELE	0.28	-0.03		0.43	0.45	0.28	0.2	0.64	0.74	0.22	FELE
BCO	0.56	0.3	0.43		0.9	0.7	-0.51	0.67	0.45	-0.35	BCO
GVA	0.36	0.1	0.45	0.9		0.47	-0.36	0.83	0.58	-0.1	GVA
ENS	0.93	0.83	0.28	0.7	0.47		-0.66	0.2	0.0	-0.66	ENS
SNDR	-0.58	-0.68	0.2	-0.51	-0.36	-0.66		0.12	0.26	0.71	SNDR
ACA	0.12	-0.18	0.64	0.67	0.83	0.2	0.12		0.73	0.33	ACA
MWA	-0.02	-0.26	0.74	0.45	0.58	0.0	0.26	0.73		0.43	MWA
CSW	-0.64	-0.64	0.22	-0.35	-0.1	-0.66	0.71	0.33	0.43		CSW
	ECG	AGX	FELE	BCO	GVA	ENS	SNDR	ACA	MWA	CSW

Please upgrade your account to get full access to Macroaxis premium features

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

ENS	+ 0.93	ECG
GVA	+ 0.9	BCO
AGX	+ 0.88	ECG
ENS	+ 0.83	AGX
ACA	+ 0.83	GVA
MWA	+ 0.74	FELE

High negative correlations

SNDR	- 0.68	AGX
CSW	- 0.66	ENS
SNDR	- 0.66	ENS
CSW	- 0.64	AGX
CSW	- 0.64	ECG
SNDR	- 0.58	ECG

Risk-Adjusted Indicators

There is a big difference between Landstar Stock performing well and Landstar System 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 Landstar System'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
ECG	2.36	0.30	0.15	0.18	2.54	(2.72)	6.57	(4.86)	16.01
AGX	3.12	0.28	0.10	0.17	3.77	(3.21)	6.70	(5.16)	20.21
FELE	1.08	0.02	0.02	0.09	1.15	(1.15)	2.75	(1.90)	7.02
BCO	1.28	0.24	0.21	0.27	0.93	(1.55)	2.86	(1.97)	15.36
GVA	1.10	0.09	0.07	0.19	0.98	(1.24)	2.34	(1.95)	10.34
ENS	1.35	0.29	0.22	0.25	1.14	(1.62)	3.36	(2.46)	8.55
SNDR	1.56	(0.28)	0.00	(0.12)	0.00	0.00	3.70	(2.98)	11.16
ACA	1.42	(0.06)	0.00	0.04	1.43	(1.76)	3.56	(2.57)	15.83
MWA	1.36	(0.01)	0.00	0.06	1.83	(1.46)	3.28	(2.12)	13.15
CSW	1.76	(0.36)	0.00	(0.10)	0.00	0.00	3.89	(3.89)	11.26

Landstar System Corporate Management

Matthew Miller	VP Officer	Profile
Matt Dannegger	VP Officer	Profile
Matthew Dannegger	VP Officer	Profile
James Applegate	Executive Strategy	Profile
Patty McMenamin	Vice Communications	Profile
Aimee Cooper	VP Officer	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