The association between shipping and online sales companies during the pandemic highlights the interconnectedness of the global economy and the dynamic interplay between different industries in the face of unforeseen events
The pandemic created a unique environment where shipping companies and online sales companies benefited from each other's growth, leading to a strong positive association in their stock prices.
During the pandemic, the stock prices of shipping companies like DHL and online sales companies like Amazon exhibited a strong positive association. This means that when the stock price of one company went up, the stock price of the other company also tended to go up, and vice versa.