lag 1dρ -0.23holdout -0.36stable 88%$/day $3.6Mrobust
EWM iShares MSCI Malaysia ETF
- Last close
- 26.99
- 504-day return
- +17.50%
- Median $/day
- $5.8M
- Relationships shown
- 12
- Leader rank
- #344
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
EWM vs ASEA
Both indexed to 100 at 2026-05-11.
Follows EWM
These tend to repeat EWM's moves later.
Moves with EWM
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.62beyond mkt +0.37holdout +0.60stable 100%robust
ρ +0.62beyond mkt +0.32holdout +0.56stable 100%robust
ρ +0.61beyond mkt +0.26holdout +0.58stable 100%robust
ρ +0.55beyond mkt +0.21holdout +0.57stable 100%robust
ρ +0.59beyond mkt +0.19holdout +0.54stable 100%robust
ρ +0.57beyond mkt +0.19holdout +0.57stable 100%robust
Moves against EWM
ρ -0.38beyond mkt -0.10holdout -0.42stable 88%robust
ρ -0.32beyond mkt -0.02holdout -0.35stable 75%robust
ρ -0.33beyond mkt -0.02holdout -0.34stable 100%robust
ρ -0.37beyond mkt -0.01holdout -0.36stable 88%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 5dρ +0.33holdout +0.28stable 88%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.49recent -0.35prior +0.14beyond mkt -0.10
Δ -0.47recent -0.30prior +0.17beyond mkt -0.02
Δ -0.46recent -0.38prior +0.08beyond mkt +0.01
Δ -0.46recent -0.32prior +0.14beyond mkt -0.06
Δ -0.45recent -0.38prior +0.07beyond mkt -0.03
Δ -0.43recent -0.30prior +0.13beyond mkt -0.09
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| ASEA Global X FTSE Southeast Asia ETF | +0.37 | +0.62 | 16 |