ρ +0.74beyond mkt +0.68holdout +0.63stable 100%robust
EDEN iShares MSCI Denmark ETF
- Last close
- 117.84
- 504-day return
- +2.90%
- Median $/day
- $519k
- Relationships shown
- 14
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
EDEN vs NVO
Both indexed to 100 at 2026-05-11.
Moves with EDEN
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.70beyond mkt +0.34holdout +0.68stable 100%robust
ρ +0.60beyond mkt +0.33holdout +0.54stable 100%robust
ρ +0.52beyond mkt +0.28holdout +0.45stable 100%robust
ρ +0.66beyond mkt +0.24holdout +0.64stable 100%robust
ρ +0.66beyond mkt +0.21holdout +0.69stable 100%robust
Moves against EDEN
ρ -0.39beyond mkt -0.09holdout -0.57stable 100%robust
ρ -0.32beyond mkt +0.04holdout -0.34stable 100%robust
ρ -0.30beyond mkt -0.03holdout -0.33stable 75%robust
ρ -0.39beyond mkt +0.03holdout -0.44stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.45holdout +0.26stable 62%moderate
horizon 10dρ +0.38holdout +0.57stable 62%moderate
horizon 5dρ +0.35holdout +0.10stable 75%moderate
horizon 10dρ +0.35holdout +0.34stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.46recent -0.32prior +0.15beyond mkt -0.12
Δ +0.42recent +0.41prior -0.01beyond mkt -0.05
Δ -0.42recent -0.37prior +0.06beyond mkt +0.14
Δ -0.41recent -0.09prior +0.32beyond mkt +0.01
Δ +0.40recent +0.58prior +0.18beyond mkt -0.00
Δ +0.39recent +0.50prior +0.11beyond mkt -0.05
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| NVO Novo-Nordisk A/S | +0.68 | +0.74 | 9 |