sotnkρ +0.79beyond mkt +0.53holdout +0.82stable 100%robust
ESTC Elastic N.V.
- Last close
- 86.08
- 504-day return
- +6.48%
- Median $/day
- $126.8M
- Relationships shown
- 8
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
ESTC vs WCLD
Both indexed to 100 at 2026-05-11.
Moves with ESTC
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.70beyond mkt +0.46holdout +0.73stable 100%robust
ρ +0.72beyond mkt +0.42holdout +0.75stable 100%robust
ρ +0.64beyond mkt +0.40holdout +0.63stable 100%robust
ρ +0.74beyond mkt +0.39holdout +0.80stable 100%robust
ρ +0.65beyond mkt +0.37holdout +0.67stable 100%robust
Moves against ESTC
ρ -0.31beyond mkt +0.06holdout -0.15stable 75%moderate
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.41holdout +0.45stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.53recent +0.09prior +0.62beyond mkt +0.17
Δ -0.52recent -0.05prior +0.47beyond mkt +0.03
Δ -0.52recent -0.31prior +0.20beyond mkt -0.05
Δ -0.49recent -0.37prior +0.12beyond mkt -0.07
Δ -0.48recent -0.15prior +0.33beyond mkt -0.10
Δ -0.46recent -0.15prior +0.31beyond mkt +0.01
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| TEAM Atlassian Corporation Class A Common Stock | +0.36 | +0.67 | 15 | |
| IGV iShares Expanded Tech-Software Sector ETF | +0.39 | +0.74 | 18 | |
| MDB MongoDB, Inc. Class A Common Stock | +0.46 | +0.70 | 22 | |
| DDOG Datadog, Inc. Class A Common Stock | +0.40 | +0.64 | 21 | |
| SKYY First Trust Cloud Computing ETF | +0.42 | +0.72 | 22 | |
| SNOW Snowflake Inc. | +0.37 | +0.65 | 21 |