ρ +0.71beyond mkt +0.41holdout +0.72stable 100%robust
ESAB ESAB Corporation
- Last close
- 82.83
- 504-day return
- -32.37%
- Median $/day
- $46.5M
- Relationships shown
- 10
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
ESAB vs LECO
Both indexed to 100 at 2026-05-11.
Moves with ESAB
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.66beyond mkt +0.30holdout +0.68stable 100%robust
ρ +0.66beyond mkt +0.27holdout +0.68stable 100%robust
ρ +0.60beyond mkt +0.22holdout +0.62stable 100%robust
ρ +0.59beyond mkt +0.21holdout +0.58stable 100%robust
ρ +0.57beyond mkt +0.21holdout +0.59stable 100%robust
Moves against ESAB
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 5dρ +0.35holdout +0.27stable 88%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.60recent -0.17prior +0.44beyond mkt +0.06
Δ -0.54recent -0.09prior +0.44beyond mkt +0.09
Δ -0.53recent -0.36prior +0.17beyond mkt -0.00
Δ -0.49recent -0.04prior +0.45beyond mkt -0.14
Δ -0.47recent -0.30prior +0.17beyond mkt -0.01
Δ +0.47recent +0.52prior +0.05beyond mkt -0.03
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| LECO Lincoln Electric Holdings, Inc. Common Shares | +0.41 | +0.71 | 12 |