ARQT Arcutis Biotherapeutics, Inc. Common Stock

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

ARQT vs PTH

Both indexed to 100 at 2026-05-11.

ARQT PTH · range 92–160 · 2026-05-11 → 2026-11-06

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

PTH Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Healthcare Momentum ETF

ρ +0.57beyond mkt +0.23holdout +0.56stable 100%robust

SUPN Supernus, Inc. Common Stock

ρ +0.40beyond mkt +0.23holdout +0.56stable 100%robust

XBI State Street SPDR S&P Biotech ETF

ρ +0.61beyond mkt +0.23holdout +0.62stable 100%robust

PINK Simplify Health Care ETF

ρ +0.57beyond mkt +0.22holdout +0.56stable 100%robust

QMOM EA Series Trust Alpha Architect U.S. Quantitative Momentum ETF

ρ +0.33beyond mkt +0.19holdout +0.30stable 88%robust

XNCR Xencor, Inc. Common Stock

ρ +0.48beyond mkt +0.17holdout +0.52stable 100%robust

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

ρ -0.30beyond mkt -0.02holdout -0.31stable 75%robust

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

AMRX Amneal Pharmaceuticals, Inc. Class A Common Stock

horizon 10dρ +0.41holdout +0.64stable 100%robust

M Macy's Inc.

horizon 10dρ +0.41holdout +0.46stable 75%robust

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

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.56recent -0.43prior +0.13beyond mkt -0.03

TBN Tamboran Resources Corporation

Δ -0.51recent -0.41prior +0.10beyond mkt +0.02

LALT First Trust Multi-Strategy Alternative ETF

Δ -0.49recent -0.37prior +0.12beyond mkt +0.05

GNK GENCO SHIPPING & TRADING LTD

Δ -0.45recent -0.35prior +0.10beyond mkt -0.06

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.44recent -0.34prior +0.10beyond mkt -0.04

FAAR First Trust Exchange-Traded Fund VII First Trust Alternative Absolute Return Strategy ETF

Δ -0.41recent -0.43prior -0.01beyond mkt +0.04

Abnormal volume rises and falls on the same days as ARQT's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
MATW Matthews International Corporation Class A Common Stock	+0.33	+0.19	+0.01	2e-10
AKBA Akebia Therapeutics, Inc. Common Stock	+0.34	+0.11	+0.02	2e-11
WRBY Warby Parker Inc.	+0.36	+0.08	+0.15	2e-12
ALEC Alector, Inc. Common Stock	+0.30	-0.03	-0.04	7e-9