sotnkρ +0.56beyond mkt +0.27holdout +0.45stable 100%robust
CMI Cummins Inc.
- Last close
- 450.07
- 504-day return
- +41.88%
- Median $/day
- $393.8M
- Relationships shown
- 16
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
CMI vs PCAR
Both indexed to 100 at 2026-05-11.
Moves with CMI
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.73beyond mkt +0.27holdout +0.71stable 100%robust
ρ +0.74beyond mkt +0.27holdout +0.79stable 100%robust
ρ +0.78beyond mkt +0.24holdout +0.78stable 100%robust
ρ +0.70beyond mkt +0.24holdout +0.70stable 100%robust
ρ +0.70beyond mkt +0.18holdout +0.69stable 100%robust
Moves against CMI
ρ -0.49beyond mkt +0.03holdout -0.37stable 100%robust
ρ -0.41beyond mkt +0.03holdout -0.28stable 88%robust
ρ -0.41beyond mkt +0.02holdout -0.29stable 100%robust
ρ -0.59beyond mkt -0.01holdout -0.58stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.40holdout +0.28stable 50%moderate
horizon 10dρ +0.40holdout +0.07stable 62%moderate
horizon 10dρ +0.39holdout +0.36stable 62%moderate
horizon 5dρ +0.37holdout +0.07stable 75%moderate
horizon 10dρ +0.37holdout +0.54stable 75%robust
horizon 5dρ +0.34holdout +0.08stable 75%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.63recent -0.36prior +0.27beyond mkt -0.03
Δ -0.62recent -0.16prior +0.46beyond mkt +0.06
Δ -0.61recent -0.22prior +0.39beyond mkt -0.01
Δ -0.59recent -0.22prior +0.37beyond mkt +0.05
Δ -0.57recent -0.23prior +0.34beyond mkt -0.01
Δ -0.56recent -0.12prior +0.44beyond mkt -0.04