Landstar System Inc (LSTR) Correlation Distribution
Across 6,809 rolling correlation observations between Landstar System Inc (LSTR) and other NASDAQ-listed stocks, 45% are positive and 55% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.004, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3.9% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,809
- Mean correlation
- -0.004
- Most common range
- -0.5 to -0.4
- Positive pairs
- 45%
- Strong positive (≥0.7)
- 3.9%
- Sector
- Trucking (No Local)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 25 | 0.4% | |
| -0.8 to -0.7 | 24 | 0.4% | |
| -0.7 to -0.6 | 281 | 4.1% | |
| -0.6 to -0.5 | 280 | 4.1% | |
| -0.5 to -0.4 | 687 | 10.1% | |
| -0.4 to -0.3 | 686 | 10.1% | |
| -0.3 to -0.2 | 670 | 9.8% | |
| -0.2 to -0.1 | 670 | 9.8% | |
| -0.1 to 0.0 | 420 | 6.2% | |
| 0.0 to 0.1 | 419 | 6.2% | |
| 0.1 to 0.2 | 375 | 5.5% | |
| 0.2 to 0.3 | 374 | 5.5% | |
| 0.3 to 0.4 | 439 | 6.4% | |
| 0.4 to 0.5 | 438 | 6.4% | |
| 0.5 to 0.6 | 379 | 5.6% | |
| 0.6 to 0.7 | 378 | 5.6% | |
| 0.7 to 0.8 | 131 | 1.9% | |
| 0.8 to 0.9 | 130 | 1.9% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of LSTR?
Landstar System Inc (LSTR) has an average correlation of about -0.004 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is LSTR positively correlated with other stocks?
Not predominantly — 45% of pairs are positive and 55% are negative. Strong positive correlations (≥0.7) make up 3.9%.
What is the most common correlation range for LSTR?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 43% of all pairs.
Explore the full interactive correlation distribution for LSTR.
Open interactive dashboard →