GXO Logistics Correlations

Stocks . USA . 
Stock . GXO Logistics
GXO Stock  USD 50.36  1.04  2.02%   
The current 90-days correlation between GXO Logistics and Landstar System is 0.55 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GXO Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GXO Logistics moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

GXO Logistics Correlation With Market

Very weak diversification

The correlation between GXO Logistics 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 GXO Logistics and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with GXO Stock
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GXO Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in GXO Stock, please use our How to Invest in GXO Logistics guide.

Moving together with GXO Stock

  0.77EXPD Expeditors InternationalPairCorr
  0.89FDX FedExPairCorr
  0.79FLX BingEx Downward RallyPairCorr
  0.95FWRD Forward AirPairCorr
  0.93PBI Pitney BowesPairCorr
  0.83UPS United Parcel ServicePairCorr
  0.61HUBG Hub GroupPairCorr
  0.85JBHT JB Hunt TransportPairCorr
  0.62AIRTP Air T IncPairCorr
  0.87AIRT Air T IncPairCorr
  0.66SGLY Singularity FuturePairCorr
  0.74BTOC Armlogi Holding CorpPairCorr
  0.74TOPP Toppoint HoldingsPairCorr
  0.73CHRW CH Robinson WorldwidePairCorr
  0.88CYRX CryoportPairCorr
  0.92J Jacobs SolutionsPairCorr
  0.93R Ryder System Earnings Call This WeekPairCorr
  0.81AL Air LeasePairCorr
  0.69AP Ampco PittsburghPairCorr
  0.92AZ A2Z Smart TechnologiesPairCorr
  0.86BA BoeingPairCorr
  0.9BE Bloom Energy CorpPairCorr

Moving against GXO Stock

  0.77NCEW New Century LogisticsPairCorr
  0.69LSH Lakeside HoldingPairCorr
  0.57PAL Proficient Auto LogiPairCorr
  0.53JYD Jayud Global LogisticsPairCorr
  0.49HXHX Haoxin HoldingsPairCorr
  0.45G Genpact LimitedPairCorr
  0.35ZTO ZTO ExpressPairCorr
  0.79NL NL IndustriesPairCorr
  0.6GP GreenPower MotorPairCorr
  0.55MG Mistras GroupPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between GXO Stock performing well and GXO Logistics 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 GXO Logistics' 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.

GXO Logistics Corporate Management

Elizabeth FogartyChief Communications OfficerProfile
Clare ChatfieldDirectorProfile
Bill FraineChief Commercial OfficerProfile
Bradley JacobsChairman of the BoardProfile
Maryclaire HammondChief OfficerProfile
Neil SheltonChief OfficerProfile
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY