AAOI Applied Optoelectronics, Inc. Common Stock

Last close: 50.13
504-day return: +197.68%
Median $/day: $160.6M
Relationships shown: 12
Leader rank: #517

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

AAOI vs XTL

Both indexed to 100 at 2026-05-11.

AAOI XTL · range 25–121 · 2026-05-11 → 2026-11-06

Follows AAOI

These tend to repeat AAOI's moves later.

BCV Bancroft Fund Ltd.

lag 1dρ +0.20holdout +0.27stable 88%$/day $290krobust

Moves with AAOI

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

XTL State Street SPDR S&P Telecom ETF

ρ +0.73beyond mkt +0.48holdout +0.76stable 100%robust

LITE Lumentum Holdings Inc. Common Stock

ρ +0.69beyond mkt +0.45holdout +0.83stable 100%robust

COHR Coherent Corp.

ρ +0.70beyond mkt +0.39holdout +0.78stable 100%robust

CIEN Ciena Corporation

ρ +0.63beyond mkt +0.29holdout +0.65stable 100%robust

FN Fabrinet

ρ +0.60beyond mkt +0.27holdout +0.70stable 100%robust

VIAV Viavi Solutions Inc. Common Stock

ρ +0.58beyond mkt +0.26holdout +0.75stable 100%robust

Moves against AAOI

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.58beyond mkt -0.09holdout -0.57stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.37beyond mkt -0.06holdout -0.20stable 88%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.39beyond mkt +0.02holdout -0.24stable 88%robust

TAIL Cambria Tail Risk ETF

ρ -0.40beyond mkt +0.01holdout -0.38stable 100%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

LAZR Tema Photonics & Optical ETF

horizon 5dρ +0.35holdout +0.57stable 62%moderate

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

LAZR Tema Photonics & Optical ETF

Δ +0.70recent +0.90prior +0.20beyond mkt -0.01

DIVB iShares Core Dividend ETF

Δ -0.70recent -0.48prior +0.21beyond mkt +0.02

DSTL Distillate U.S. Fundamental Stability & Value ETF

Δ -0.63recent -0.45prior +0.18beyond mkt +0.06

OMC Omnicom Group Inc.

Δ -0.61recent -0.54prior +0.07beyond mkt +0.13

CHWY Chewy, Inc.

Δ -0.60recent -0.49prior +0.10beyond mkt +0.01

ONEY State Street SPDR Russell 1000 Yield Focus ETF

Δ -0.59recent -0.40prior +0.19beyond mkt +0.02

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
XTL State Street SPDR S&P Telecom ETF	+0.48	+0.73	10
COHR Coherent Corp.	+0.39	+0.70	13
LITE Lumentum Holdings Inc. Common Stock	+0.45	+0.69	16