FRMM Forum Markets, Incorporated Common Stock

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

FRMM vs ETHA

Both indexed to 100 at 2026-05-11.

FRMM ETHA · range 66–152 · 2026-05-11 → 2026-11-06

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

ETHA iShares Ethereum Trust ETF Shares

ρ +0.36beyond mkt +0.20holdout +0.26stable 88%robust

CRPT First Trust SkyBridge Crypto Industry and Digital Economy ETF

ρ +0.35beyond mkt +0.15holdout +0.28stable 75%robust

GRNY FundStrat Granny Shots US Large Cap ETF

ρ +0.33beyond mkt +0.15holdout +0.30stable 88%robust

METV Roundhill Metaverse ETF

ρ +0.34beyond mkt +0.14holdout +0.25stable 88%robust

No day-to-day relationship, but 5- or 10-day returns move together.

TONX TON Strategy Company Common Stock

horizon 10dρ +0.45holdout +0.07stable 75%moderate

CDNS Cadence Design Systems, Inc. Common Stock

horizon 10dρ +0.43holdout +0.43stable 75%robust

FIRY Firy Inc.

horizon 10dρ +0.43holdout +0.37stable 50%moderate

IPO Renaissance IPO ETF

horizon 10dρ +0.43holdout +0.42stable 75%robust

APH Amphenol Corporation

horizon 10dρ +0.42holdout +0.37stable 50%moderate

LIF Life360, Inc. Common Stock

horizon 10dρ +0.42holdout +0.30stable 75%robust

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

BIO Bio-Rad Laboratories, Inc.Class A

Δ +0.52recent +0.60prior +0.09beyond mkt +0.04

ILMN Illumina, Inc. Common Stock

Δ +0.46recent +0.57prior +0.10beyond mkt +0.05

BZ KANZHUN LIMITED American Depository Shares

Δ -0.43recent -0.34prior +0.09beyond mkt -0.07

TMO Thermo Fisher Scientific, Inc.

Δ +0.42recent +0.51prior +0.09beyond mkt +0.05

BRKR Bruker Corporation Common Stock

Δ +0.42recent +0.49prior +0.07beyond mkt -0.00

TRT Trio-Tech International Common Stock

Δ +0.41recent +0.37prior -0.04beyond mkt -0.12

Abnormal volume rises and falls on the same days as FRMM's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
SMX SMX (Security Matters) Public Limited Company Ordinary Shares	+0.39	+0.41	-0.03	<1e-15
AIFC AI Financial Corporation Common Stock	+0.34	+0.26	+0.07	2e-11
FGC FG Communities Holdings Inc. Common Stock	+0.42	+0.17	+0.14	<1e-15
VLN Valens Semiconductor Ltd.	+0.33	+0.21	+0.06	2e-10