GXO Logistics Correlations

GXO Stock

USD 42.04 0.74 1.79%

The current 90-days correlation between GXO Logistics and Landstar System is 0.58 (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

Poor diversification

The correlation between GXO Logistics and DJI is 0.6 (i.e., Poor 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

0.77	FDX	FedEx Sell-off Trend	Pair Corr
0.61	FLX	BingEx	Pair Corr
0.71	FWRD	Forward Air	Pair Corr
0.61	PAL	Proficient Auto Logi	Pair Corr
0.63	UPS	United Parcel Service	Pair Corr
0.69	JBHT	JB Hunt Transport	Pair Corr
0.62	LSTR	Landstar System	Pair Corr
0.67	RLGT	Radiant Logistics	Pair Corr
0.68	AIRT	Air T Inc	Pair Corr
0.77	SFWL	Shengfeng Development	Pair Corr
0.64	ATXG	Addentax Group Corp	Pair Corr
0.71	PBI-PB	Pitney Bowes NT	Pair Corr
0.61	TOPP	Toppoint Holdings	Pair Corr
0.71	CHRW	CH Robinson Worldwide	Pair Corr
0.64	CYRX	Cryoport	Pair Corr
0.75	J	Jacobs Solutions	Pair Corr
0.67	AL	Air Lease	Pair Corr
0.66	BE	Bloom Energy Corp	Pair Corr
0.71	BW	Babcock Wilcox Enter	Pair Corr

Moving against GXO Stock

0.41

NCEW

New Century Logistics

Pair Corr

Related Correlations Analysis

	FWRD	LSTR	JBHT	EXPD	CHRW	HUBG
FWRD		0.84	0.89	0.43	0.66	0.88	FWRD
LSTR	0.84		0.97	0.67	0.85	0.93	LSTR
JBHT	0.89	0.97		0.64	0.81	0.94	JBHT
EXPD	0.43	0.67	0.64		0.82	0.69	EXPD
CHRW	0.66	0.85	0.81	0.82		0.78	CHRW
HUBG	0.88	0.93	0.94	0.69	0.78		HUBG
	FWRD	LSTR	JBHT	EXPD	CHRW	HUBG

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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FWRD	4.62	(0.27)	0.00	(0.16)	0.00	0.00	7.69	(12.24)	41.55
LSTR	1.58	(0.08)	0.00	(0.16)	0.00	0.00	3.04	(2.69)	12.18
JBHT	1.97	(0.06)	0.00	(0.12)	0.00	0.00	3.61	(3.76)	17.10
EXPD	1.67	0.04	0.05	(3.48)	2.39	(1.83)	3.85	(3.86)	13.97
CHRW	1.53	0.08	0.04	0.01	2.13	(1.55)	2.66	(2.48)	12.91
HUBG	1.94	(0.21)	0.00	10.89	0.00	0.00	2.90	(3.43)	15.31

GXO Logistics Corporate Management

Elizabeth Fogarty	Chief Communications Officer	Profile
Clare Chatfield	Director	Profile
Bill Fraine	Chief Commercial Officer	Profile
Bradley Jacobs	Chairman of the Board	Profile
Maryclaire Hammond	Chief Officer	Profile
Neil Shelton	Chief 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