C.H. Robinson Worldwide, Inc. (CHRW) — Stock Correlations & Overview
Over the past year, CHRW has moved most closely with EXPD, LSTR, SUPL. Explore the stocks most correlated and inversely correlated with CHRW below, along with its price, financials, and company profile.
Stocks correlated with CHRW
Correlation of daily returns. Higher positive values move with CHRW; negative values move opposite it. Informational only, not investment advice.
Most correlated with CHRW
| Symbol | Company | Correlation |
|---|---|---|
| EXPD | Expeditors International of Washington, Inc.ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO | 0.58 |
| LSTR | Landstar System IncTRUCKING (NO LOCAL) | 0.56 |
| SUPL | ProShares Supply Chain Logistics ETF | 0.54 |
| RXO | RXO, Inc.TRANSPORTATION SERVICES | 0.52 |
| XPO | XPO, Inc.TRANSPORTATION SERVICES | 0.49 |
Most inversely correlated with CHRW
| Symbol | Company | Correlation |
|---|---|---|
| SFM | Sprouts Farmers Market, Inc.RETAIL-GROCERY STORES | -0.38 |
| CYCU | Cycurion, Inc. Common StockSERVICES-COMPUTER PROGRAMMING SERVICES | -0.29 |
| FMC | FMC CorporationCHEMICALS & ALLIED PRODUCTS | -0.29 |
| SMDD | ProShares UltraPro Short MidCap400 | -0.28 |
| MKTX | MarketAxess Holdings Inc.SECURITY BROKERS, DEALERS & FLOTATION COMPANIES | -0.28 |
Frequently asked questions about CHRW correlations
- Which stocks are most correlated with CHRW?
- Based on one year of daily returns, the stocks most correlated with C.H. Robinson Worldwide, Inc. (CHRW) are EXPD (0.58), LSTR (0.56) and SUPL (0.54). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with CHRW?
- Over the past year, the stocks most inversely correlated with C.H. Robinson Worldwide, Inc. (CHRW) are SFM (-0.38), CYCU (-0.29) and FMC (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these CHRW correlations calculated?
- We compute the correlation of daily returns between CHRW and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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