sotnkρ +0.50beyond mkt +0.26holdout +0.52stable 100%robust
FWRD Forward Air Corporation Common Stock
- Last close
- 16.64
- 504-day return
- -51.40%
- Median $/day
- $13.1M
- Relationships shown
- 13
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
FWRD vs SAIA
Both indexed to 100 at 2026-05-11.
Moves with FWRD
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.55beyond mkt +0.25holdout +0.55stable 100%robust
ρ +0.48beyond mkt +0.24holdout +0.45stable 100%robust
ρ +0.46beyond mkt +0.23holdout +0.49stable 100%robust
ρ +0.48beyond mkt +0.22holdout +0.48stable 100%robust
ρ +0.48beyond mkt +0.22holdout +0.47stable 100%robust
Moves against FWRD
ρ -0.30beyond mkt +0.03holdout -0.30stable 75%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.56holdout +0.62stable 75%robust
horizon 10dρ +0.48holdout +0.40stable 75%robust
horizon 10dρ +0.47holdout +0.25stable 62%moderate
horizon 10dρ +0.47holdout +0.40stable 88%robust
horizon 10dρ +0.46holdout +0.44stable 88%robust
horizon 10dρ +0.46holdout +0.41stable 88%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.58recent -0.25prior +0.33beyond mkt -0.01
Δ -0.51recent -0.31prior +0.20beyond mkt -0.04
Δ -0.50recent -0.17prior +0.33beyond mkt +0.05
Δ -0.45recent -0.13prior +0.32beyond mkt +0.05
Δ -0.45recent -0.12prior +0.32beyond mkt +0.04
Δ -0.44recent -0.03prior +0.40beyond mkt -0.01