sotnkρ +0.69beyond mkt +0.36holdout +0.77stable 100%robust
CMCL Caledonia Mining Corporation Plc
- Last close
- 21.30
- 504-day return
- +52.80%
- Median $/day
- $3.8M
- Relationships shown
- 11
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
CMCL vs GDX
Both indexed to 100 at 2026-05-11.
Moves with CMCL
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.65beyond mkt +0.32holdout +0.78stable 100%robust
ρ +0.65beyond mkt +0.32holdout +0.75stable 100%robust
ρ +0.64beyond mkt +0.31holdout +0.76stable 100%robust
ρ +0.65beyond mkt +0.29holdout +0.77stable 100%robust
ρ +0.62beyond mkt +0.27holdout +0.72stable 100%robust
Moves against CMCL
ρ -0.35beyond mkt -0.01holdout -0.37stable 88%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.48holdout +0.46stable 50%moderate
horizon 10dρ +0.46holdout +0.51stable 75%robust
horizon 5dρ +0.33holdout +0.57stable 88%robust
horizon 5dρ +0.30holdout +0.39stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.58recent -0.45prior +0.14beyond mkt -0.01
Δ -0.52recent -0.33prior +0.20beyond mkt +0.04
Δ -0.45recent -0.33prior +0.13beyond mkt -0.09
Δ -0.45recent -0.31prior +0.14beyond mkt -0.03
Δ -0.45recent -0.06prior +0.38beyond mkt +0.17
Δ -0.43recent -0.35prior +0.09beyond mkt -0.09
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| GDX VanEck Gold Miners ETF | +0.36 | +0.69 | 20 |