ALC Alcon Inc. Ordinary Shares

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

ALC vs COO

Both indexed to 100 at 2026-05-11.

ALC COO · range 90–130 · 2026-05-11 → 2026-11-06

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

COO The Cooper Companies, Inc. Common Stock

ρ +0.65beyond mkt +0.44holdout +0.72stable 100%robust

IHI iShares U.S. Medical Devices ETF

ρ +0.64beyond mkt +0.36holdout +0.67stable 100%robust

XHE State Street SPDR S&P Health Care Equipment ETF

ρ +0.62beyond mkt +0.34holdout +0.68stable 100%robust

PHG KONINKLIJKE PHILIPS N.V.

ρ +0.61beyond mkt +0.33holdout +0.64stable 100%robust

AGNG Global X Funds Global X Aging Population ETF

ρ +0.65beyond mkt +0.29holdout +0.66stable 100%robust

EWL iShares MSCI Switzerland ETF

ρ +0.60beyond mkt +0.28holdout +0.54stable 100%robust

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

ρ -0.30beyond mkt +0.01holdout -0.23stable 62%moderate

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

TDG TransDigm Group Incorporated

horizon 10dρ +0.43holdout +0.45stable 62%moderate

NHS Neuberger High Yield Strategies Fund Inc.

horizon 10dρ +0.39holdout +0.57stable 62%moderate

OPP RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

horizon 10dρ +0.35holdout +0.57stable 50%moderate

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

SMTC Semtech Corporation Common Stock

Δ -0.76recent -0.63prior +0.14beyond mkt -0.03

AVT Avnet, Inc. Common Stock

Δ -0.74recent -0.48prior +0.27beyond mkt +0.05

MTRN Materion Corporation

Δ -0.74recent -0.46prior +0.28beyond mkt +0.00

MBCE Monarch Blue Chips Elite Index ETF

Δ -0.72recent -0.35prior +0.37beyond mkt +0.02

AVNW Aviat Networks, Inc. Common Stock

Δ -0.69recent -0.43prior +0.26beyond mkt +0.06

ARW Arrow Electronics, Inc.

Δ -0.69recent -0.44prior +0.25beyond mkt +0.02

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

Symbol	beyond mkt	raw ρ	shared	isolation
COO The Cooper Companies, Inc. Common Stock	+0.44	+0.65	16
IHI iShares U.S. Medical Devices ETF	+0.36	+0.64	14