CRI vs LKQ: Correlation
Measured on weekly returns over the past three years, Carter's, Inc. (CRI) and LKQ Corporation (LKQ) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRI and LKQ?
On 3 years of weekly data the CRI/LKQ correlation comes out at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is 0.47, and annualized covariance runs at 560.7 %².
By 3-year correlation, LKQ places #5 of the 11 assets tracked against CRI. The last year tells two different stories: CRI led by 38.3 percentage points, +20.8% for CRI against -17.5% for LKQ.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CRI vs LKQ: side by side
| CRI (Carter's, Inc.) | LKQ (LKQ Corporation) | |
|---|---|---|
| 1-year return | +20.8% | -17.5% |
| 5-year return | -61.2% | -43.9% |
| Volatility (ann.) | 40.6% | 31.2% |
| Beta vs S&P 500 | 0.79 | 0.57 |
| Max drawdown (3Y) | -71.3% | -54.6% |
| Market cap | $1.2B | $6.4B |
| P/E (trailing) | 6.4 | 14.1 |
| Dividend yield | 2.92% | 4.66% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRI | LKQ |
|---|---|---|
| 2022 | -23.4% | -9.2% |
| 2023 | +4.9% | -8.6% |
| 2024 | -24.0% | -20.9% |
| 2025 | -37.4% | -15.0% |
| 2026 | +4.3% | -13.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRI and LKQ good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRI and LKQ?
As of 2026-08-27, the correlation of weekly returns between CRI and LKQ is 0.44 over 3 years, 0.42 over 1 year and 0.47 over 5 years.
Is LKQ a good diversifier for CRI?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cri-vs-lkq.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cri-vs-lkq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRI correlations · LKQ correlations
