FOR vs LEN: Correlation
How closely do Forestar Group Inc (FOR) and Lennar (LEN) trade together? Their weekly returns over three years give a correlation of 0.71, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOR and LEN?
Over the past 3 years, FOR and LEN moved with a correlation of 0.71, which is strong. Little has changed lately, as the 1-year reading of 0.77 lands near the 3-year figure. Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 828.0 %².
Few assets follow FOR as closely as LEN, which ranks #2 of 11 tracked partners. The last year tells two different stories: FOR led by 38.2 percentage points, +3.3% for FOR against -34.9% for LEN.
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.
FOR vs LEN: side by side
| FOR (Forestar Group Inc) | LEN (Lennar) | |
|---|---|---|
| 1-year return | +3.3% | -34.9% |
| 5-year return | +34.9% | -11.7% |
| Volatility (ann.) | 35.8% | 32.6% |
| Beta vs S&P 500 | 0.84 | 0.84 |
| Max drawdown (3Y) | -54.7% | -54.5% |
| Market cap | $1.5B | $20.5B |
| P/E (trailing) | 8.6 | 13.7 |
| Dividend yield | 0.00% | 2.29% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | FOR | LEN |
|---|---|---|
| 2022 | -29.1% | -20.6% |
| 2023 | +114.6% | +66.9% |
| 2024 | -21.6% | -7.3% |
| 2025 | -5.0% | -20.8% |
| 2026 | +16.2% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOR and LEN good diversifiers for each other?
Somewhat, no more. With 0.71 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FOR and LEN?
As of 2026-08-27, the correlation of weekly returns between FOR and LEN is 0.71 over 3 years, 0.77 over 1 year and 0.64 over 5 years.
Is LEN a good diversifier for FOR?
Somewhat, no more. With 0.71 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.71 mean?
A reading of 0.71 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/for-vs-len.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/for-vs-len/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FOR correlations · LEN correlations
