BNS Bank of Nova Scotia

Last close: 91.69
504-day return: +91.90%
Median $/day: $106.9M
Relationships shown: 15

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

BNS vs CM

Both indexed to 100 at 2026-05-11.

BNS CM · range 96–127 · 2026-05-11 → 2026-11-06

Moves with BNS

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

CM Canadian Imperial Bank of Commerce

ρ +0.77beyond mkt +0.63holdout +0.87stable 100%robust

RY Royal Bank of Canada

ρ +0.73beyond mkt +0.52holdout +0.89stable 100%robust

TD Toronto Dominion Bank

ρ +0.70beyond mkt +0.51holdout +0.90stable 100%robust

BMO Bank of Montreal

ρ +0.70beyond mkt +0.46holdout +0.88stable 100%robust

EWC iShares MSCI Canada ETF

ρ +0.64beyond mkt +0.37holdout +0.75stable 100%robust

GSIB Themes ETF Trust Themes Global Systemically Important Banks ETF

ρ +0.62beyond mkt +0.24holdout +0.76stable 100%robust

Moves against BNS

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.39beyond mkt -0.17holdout -0.45stable 88%robust

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

ρ -0.36beyond mkt +0.05holdout -0.46stable 100%robust

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

ρ -0.45beyond mkt -0.04holdout -0.56stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.36beyond mkt +0.02holdout -0.45stable 100%robust

Weekly, not daily

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

BNJ Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes

horizon 10dρ +0.40holdout +0.49stable 75%robust

FTHM Fathom Holdings Inc. Common Stock

horizon 10dρ +0.39holdout +0.44stable 25%moderate

BRLN iShares Floating Rate Loan Active ETF

horizon 10dρ +0.37holdout +0.24stable 38%moderate

CMPS COMPASS Pathways Plc American Depository Shares

horizon 10dρ +0.37holdout +0.49stable 88%robust

ALOY REalloys Inc. Common Stock

horizon 5dρ +0.32holdout +0.44stable 50%moderate

Changed this quarter

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

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.63recent -0.34prior +0.29beyond mkt -0.11

TOYO TOYO Co., Ltd Ordinary Shares

Δ +0.50recent +0.54prior +0.04beyond mkt -0.02

CPSH CPS Technologies Corp. Common Stock

Δ +0.46recent +0.59prior +0.13beyond mkt +0.02

MG Mistras Group Inc.

Δ -0.45recent -0.09prior +0.36beyond mkt -0.06

VALE VALE S.A.

Δ -0.43recent -0.04prior +0.38beyond mkt -0.05

SID Companhia Siderurgica Nacional S.A. (CSN)

Δ -0.39recent -0.01prior +0.38beyond mkt +0.04

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
EWC iShares MSCI Canada ETF	+0.37	+0.64	9
RY Royal Bank of Canada	+0.52	+0.73	20
CM Canadian Imperial Bank of Commerce	+0.63	+0.77	22
TD Toronto Dominion Bank	+0.51	+0.70	21
BMO Bank of Montreal	+0.46	+0.70	22