COAL Range Global Coal Index ETF

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

COAL vs HCC

Both indexed to 100 at 2026-05-11.

COAL HCC · range 77–126 · 2026-05-11 → 2026-11-06

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

HCC Warrior Met Coal, Inc.

ρ +0.75beyond mkt +0.66holdout +0.71stable 100%robust

BTU Peabody Energy Corporation

ρ +0.72beyond mkt +0.63holdout +0.69stable 100%robust

CNR Core Natural Resources, Inc.

ρ +0.71beyond mkt +0.63holdout +0.69stable 100%robust

AMR Alpha Metallurgical Resources, Inc.

ρ +0.71beyond mkt +0.62holdout +0.67stable 100%robust

METC Ramaco Resources, Inc. Class A Common Stock

ρ +0.61beyond mkt +0.51holdout +0.56stable 100%robust

SXC SUNCOKE ENERGY INC

ρ +0.61beyond mkt +0.46holdout +0.51stable 100%robust

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

NRP Natural Resource Partners L.P.

horizon 10dρ +0.50holdout +0.59stable 88%robust

MBOX Freedom Day Dividend ETF

horizon 5dρ +0.33holdout +0.15stable 62%moderate

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

ULH Universal Logistics Holdings, Inc. Common Stock

Δ -0.60recent -0.41prior +0.19beyond mkt -0.02

PFG Principal Financial Group Inc Common Stock

Δ -0.59recent -0.43prior +0.16beyond mkt -0.09

UHAL.B U-Haul Holding Company

Δ -0.59recent -0.43prior +0.16beyond mkt -0.10

FDX FedEx Corporation

Δ -0.56recent -0.34prior +0.23beyond mkt +0.02

NRDY Nerdy Inc.

Δ -0.53recent -0.37prior +0.16beyond mkt -0.04

BZAI Blaize Holdings, Inc. Common Stock

Δ -0.53recent -0.37prior +0.16beyond mkt -0.11

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

Symbol	beyond mkt	raw ρ	shared
CNR Core Natural Resources, Inc.	+0.63	+0.71	12
HCC Warrior Met Coal, Inc.	+0.66	+0.75	17
XME State Street SPDR S&P Metals & Mining ETF	+0.45	+0.61	11
SXC SUNCOKE ENERGY INC	+0.46	+0.61	13
BTU Peabody Energy Corporation	+0.63	+0.72	18
METC Ramaco Resources, Inc. Class A Common Stock	+0.51	+0.61	16