sotnkρ +0.77beyond mkt +0.61holdout +0.84stable 100%robust
FTNT Fortinet, Inc. Common Stock
- Last close
- 118.84
- 504-day return
- +50.81%
- Median $/day
- $489.9M
- Relationships shown
- 7
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
FTNT vs CIBR
Both indexed to 100 at 2026-05-11.
Moves with FTNT
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.75beyond mkt +0.61holdout +0.83stable 100%robust
ρ +0.71beyond mkt +0.51holdout +0.80stable 100%robust
ρ +0.70beyond mkt +0.49holdout +0.71stable 100%robust
ρ +0.64beyond mkt +0.43holdout +0.63stable 100%robust
ρ +0.64beyond mkt +0.42holdout +0.71stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 5dρ +0.32holdout +0.45stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.64recent -0.27prior +0.37beyond mkt +0.03
Δ -0.61recent -0.28prior +0.33beyond mkt +0.03
Δ -0.61recent -0.31prior +0.30beyond mkt -0.01
Δ -0.60recent -0.33prior +0.27beyond mkt -0.10
Δ -0.58recent -0.49prior +0.10beyond mkt -0.11
Δ -0.58recent -0.34prior +0.24beyond mkt -0.07
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| TECB iShares U.S. Tech Breakthrough Multisector ETF | +0.40 | +0.61 | 16 | |
| IGV iShares Expanded Tech-Software Sector ETF | +0.49 | +0.70 | 19 | |
| LRNZ TrueShares Technology, AI & Deep Learning ETF | +0.35 | +0.60 | 16 | |
| CIBR First Trust Exchange-Traded Fund II First Trust NASDAQ Cybersecurity ETF | +0.61 | +0.77 | 22 | |
| WCLD WisdomTree Trust WisdomTree Cloud Computing Fund | +0.43 | +0.64 | 19 | |
| SKYY First Trust Cloud Computing ETF | +0.36 | +0.65 | 17 |