Last Update: 26-Oct-2020, 17:15 CST

LUV Correlation Report

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Correlation Plot    ExplainYTD: LUV  -23.6 %  vs. SPX  5.3 % 
Southwest Airlines Company

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: HIGH

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.301

0.073

2.06

3

3.8

65.0
* Last 60 market days. LUV relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankLUV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.896 Subscribe first then Login to view complete reports now

0.332

0.005

2.60
2
0.886 Subscribe first then Login to view complete reports now

0.335

-0.271

2.49
3
0.840 Subscribe first then Login to view complete reports now

0.241

-0.670

2.84
4
1
0.836 Subscribe first then Login to view complete reports now

0.251

-0.230

2.82
5
1
0.823 UAL - United Airlines Holdings Inc.

0.309

-0.484

2.98
Least Correlated Non-ETF Securities:
RankLUV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
242
0.000 Subscribe first then Login to view complete reports now

0.607

0.555

2.09
2
392
0.000 Subscribe first then Login to view complete reports now

0.601

-0.254

2.09
3
251
0.000 Subscribe first then Login to view complete reports now

0.310

-0.294

3.33
4
75
0.000 Subscribe first then Login to view complete reports now

0.332

0.217

1.49
5
143
0.000 BIDU - Baidu Inc. - ADR each representing one tenth Class A ordinary share

0.322

-0.164

1.70
Most Anti-Correlated Non-ETF Securities:
RankLUV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.358 Subscribe first then Login to view complete reports now

-0.060

-0.407

-3.83
2
-0.318 Subscribe first then Login to view complete reports now

0.312

-0.111

2.51
3
-0.318 Subscribe first then Login to view complete reports now

0.265

-0.565

5.20
4
1
-0.316 Subscribe first then Login to view complete reports now

0.329

-0.353

1.22
5
1
-0.311 FIVN - Five9 Inc.

0.382

-0.091

2.12




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