ESEA Euroseas Ltd. Common Stock (Marshall Islands)

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

ESEA vs GSL

Both indexed to 100 at 2026-05-11.

ESEA GSL · range 89–114 · 2026-05-11 → 2026-11-06

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

GSL Global Ship Lease, Inc.

ρ +0.54beyond mkt +0.44holdout +0.67stable 100%robust

DAC Danaos Corporation

ρ +0.53beyond mkt +0.44holdout +0.68stable 100%robust

CMRE Costamare Inc.

ρ +0.52beyond mkt +0.43holdout +0.59stable 100%robust

SBLK Star Bulk Carriers Corp. Common Shares

ρ +0.50beyond mkt +0.42holdout +0.61stable 100%robust

GNK GENCO SHIPPING & TRADING LTD

ρ +0.49beyond mkt +0.40holdout +0.57stable 100%robust

BOAT SonicShares Global Shipping ETF

ρ +0.50beyond mkt +0.40holdout +0.54stable 100%robust

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

ρ -0.31beyond mkt -0.13holdout -0.39stable 100%robust

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

PHAR Pharming Group N.V. ADS, each representing 10 ordinary shares

Δ -0.51recent -0.34prior +0.18beyond mkt +0.06

TDG TransDigm Group Incorporated

Δ -0.51recent -0.39prior +0.12beyond mkt +0.01

CCEP Coca-Cola Europacific Partners plc Ordinary Shares

Δ -0.51recent -0.41prior +0.10beyond mkt +0.02

GE GE Aerospace

Δ -0.47recent -0.34prior +0.13beyond mkt -0.05

ACOG Alpha Cognition Inc. Common Stock

Δ +0.47recent +0.53prior +0.06beyond mkt +0.04

INGR Ingredion Incorporated

Δ -0.42recent -0.32prior +0.10beyond mkt +0.00

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

Symbol	beyond mkt	raw ρ	shared
NVGS NAVIGATOR HOLDINGS LTD.	+0.37	+0.46	27
HAFN Hafnia Limited	+0.35	+0.41	27
ASC ARDMORE SHIPPING CORPORATION	+0.35	+0.41	27
GSL Global Ship Lease, Inc.	+0.44	+0.54	28
GNK GENCO SHIPPING & TRADING LTD	+0.40	+0.49	28
SHIP Seanergy Maritime Holdings Corp. Common Stock	+0.39	+0.49	28