Leidos Holdings, Inc. (LDOS) — Stock Correlations & Overview
Over the past year, LDOS has moved most closely with CACI, BAH, KBR. Explore the stocks most correlated and inversely correlated with LDOS below, along with its price, financials, and company profile.
Stocks correlated with LDOS
Correlation of daily returns. Higher positive values move with LDOS; negative values move opposite it. Informational only, not investment advice.
Most correlated with LDOS
| Symbol | Company | Correlation |
|---|---|---|
| CACI | CACI INTERNATIONAL CLASERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.65 |
| BAH | Booz Allen Hamilton Holding CorporationSERVICES-MANAGEMENT CONSULTING SERVICES | 0.59 |
| KBR | KBR, Inc.HEAVY CONSTRUCTION OTHER THAN BLDG CONST - CONTRACTORS | 0.56 |
| SAIC | Science Applications International Corporation Common StockSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.55 |
| SHLD | Global X Defense Tech ETF | 0.52 |
Most inversely correlated with LDOS
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.35 |
| PLTZ | Defiance Daily Target 2x Short PLTR ETF | -0.35 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.35 |
| PLTD | Direxion Shares ETF Trust Direxion Dailly PLTR Bear 1X ETF | -0.34 |
| SKF | ProShares UltraShort Financials | -0.27 |
Frequently asked questions about LDOS correlations
- Which stocks are most correlated with LDOS?
- Based on one year of daily returns, the stocks most correlated with Leidos Holdings, Inc. (LDOS) are CACI (0.65), BAH (0.59) and KBR (0.56). 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 LDOS?
- Over the past year, the stocks most inversely correlated with Leidos Holdings, Inc. (LDOS) are HDGE (-0.35), PLTZ (-0.35) and DWSH (-0.35). 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 LDOS correlations calculated?
- We compute the correlation of daily returns between LDOS 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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