LSB INDUSTRIES INC (LXU) — Stock Correlations & Overview
Over the past year, LXU has moved most closely with CF, IPI, LYB. Explore the stocks most correlated and inversely correlated with LXU below, along with its price, financials, and company profile.
Stocks correlated with LXU
Correlation of daily returns. Higher positive values move with LXU; negative values move opposite it. Informational only, not investment advice.
Most correlated with LXU
| Symbol | Company | Correlation |
|---|---|---|
| CF | CF Industries Holding, Inc.AGRICULTURAL CHEMICALS | 0.63 |
| IPI | Intrepid Potash, IncMINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) | 0.57 |
| LYB | LyondellBasell Industries N.V. Class AINDUSTRIAL ORGANIC CHEMICALS | 0.55 |
| NTR | Nutrien Ltd. Common Shares | 0.54 |
| DOW | Dow Inc.PLASTIC MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS | 0.53 |
Most inversely correlated with LXU
| Symbol | Company | Correlation |
|---|---|---|
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.49 |
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.48 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.47 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.43 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.43 |
Frequently asked questions about LXU correlations
- Which stocks are most correlated with LXU?
- Based on one year of daily returns, the stocks most correlated with LSB INDUSTRIES INC (LXU) are CF (0.63), IPI (0.57) and LYB (0.55). 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 LXU?
- Over the past year, the stocks most inversely correlated with LSB INDUSTRIES INC (LXU) are DRIP (-0.49), NRGD (-0.48) and WTID (-0.47). 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 LXU correlations calculated?
- We compute the correlation of daily returns between LXU 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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