Lamb Weston Holdings, Inc. (LW) — Stock Correlations & Overview
Over the past year, LW has moved most closely with IAGG, FLIA, NKE. Explore the stocks most correlated and inversely correlated with LW below, along with its price, financials, and company profile.
Stocks correlated with LW
Correlation of daily returns. Higher positive values move with LW; negative values move opposite it. Informational only, not investment advice.
Most correlated with LW
| Symbol | Company | Correlation |
|---|---|---|
| IAGG | iShares Core International Aggregate Bond Fund | 0.60 |
| FLIA | Franklin International Aggregate Bond ETF | 0.53 |
| NKE | Nike, Inc.RUBBER & PLASTICS FOOTWEAR | 0.50 |
| SIFI | Harbor Ares Systematic Multi-Sector Income ETFSAVINGS INSTITUTION, FEDERALLY CHARTERED | 0.48 |
| NFRA | Northern Trust STOXX Global Broad Infrastructure ETF | 0.44 |
Most inversely correlated with LW
| Symbol | Company | Correlation |
|---|---|---|
| HEPS | D-Market Electronic Services & Trading American Depositary Shares | -0.34 |
| SZK | ProShares UltraShort Consumer Staples | -0.32 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.31 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.31 |
| IBO | Impact BioMedical, Inc.PHARMACEUTICAL PREPARATIONS | -0.28 |
Frequently asked questions about LW correlations
- Which stocks are most correlated with LW?
- Based on one year of daily returns, the stocks most correlated with Lamb Weston Holdings, Inc. (LW) are IAGG (0.60), FLIA (0.53) and NKE (0.50). 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 LW?
- Over the past year, the stocks most inversely correlated with Lamb Weston Holdings, Inc. (LW) are HEPS (-0.34), SZK (-0.32) and DWSH (-0.31). 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 LW correlations calculated?
- We compute the correlation of daily returns between LW 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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