CVLG Covenant Logistics Group, Inc.

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

CVLG vs WERN

Both indexed to 100 at 2026-05-11.

CVLG WERN · range 77–153 · 2026-05-11 → 2026-11-06

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

WERN Werner Enterprises, Inc. Common Stock

ρ +0.75beyond mkt +0.59holdout +0.70stable 100%robust

MRTN Marten Transport, Ltd. Common Stock

ρ +0.75beyond mkt +0.58holdout +0.70stable 100%robust

HTLD Heartland Express, Inc. Common Stock

ρ +0.74beyond mkt +0.57holdout +0.72stable 100%robust

SNDR Schneider National, Inc.

ρ +0.74beyond mkt +0.55holdout +0.69stable 100%robust

JBHT J.B. Hunt Transport Services, Inc. Common Stock

ρ +0.73beyond mkt +0.55holdout +0.66stable 100%robust

LSTR Landstar System, Inc. Common Stock

ρ +0.71beyond mkt +0.54holdout +0.62stable 100%robust

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

ρ -0.34beyond mkt +0.08holdout -0.17stable 62%moderate

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.33beyond mkt +0.02holdout -0.19stable 75%robust

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

VMD Viemed Healthcare, Inc. Common Shares

horizon 10dρ +0.35holdout +0.13stable 75%moderate

CMP Compass Minerals International, Inc.

horizon 10dρ +0.35holdout +0.53stable 50%moderate

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

PUBM PubMatic, Inc. Class A Common Stock

Δ -0.61recent -0.28prior +0.33beyond mkt +0.05

NRDS NerdWallet, Inc. Class A Common Stock

Δ -0.55recent -0.19prior +0.36beyond mkt -0.03

IOSP Innospec Inc. Common Stock

Δ -0.55recent -0.05prior +0.50beyond mkt -0.02

AMWL American Well Corporation

Δ -0.55recent -0.23prior +0.32beyond mkt +0.06

MG Mistras Group Inc.

Δ -0.54recent -0.15prior +0.39beyond mkt +0.03

QNST QuinStreet, Inc. Common Stock

Δ -0.54recent -0.19prior +0.35beyond mkt +0.02

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

Symbol	beyond mkt	raw ρ	shared
XTN State Street SPDR S&P Transportation ETF	+0.48	+0.72	21
SNDR Schneider National, Inc.	+0.55	+0.74	24
ULH Universal Logistics Holdings, Inc. Common Stock	+0.38	+0.61	22
R Ryder System, Inc.	+0.41	+0.66	23
RXO RXO, Inc.	+0.46	+0.68	24
TFII TFI International Inc.	+0.38	+0.63	23