GSHD Goosehead Insurance, Inc. Class A Common Stock

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

GSHD vs BWIN

Both indexed to 100 at 2026-05-11.

GSHD BWIN · range 86–182 · 2026-05-11 → 2026-11-06

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

BWIN The Baldwin Insurance Group, Inc. Class A Common Stock

ρ +0.54beyond mkt +0.39holdout +0.52stable 100%robust

BRO Brown & Brown, Inc.

ρ +0.57beyond mkt +0.33holdout +0.70stable 100%robust

KIE State Street SPDR S&P Insurance ETF

ρ +0.59beyond mkt +0.31holdout +0.66stable 100%robust

TWFG TWFG, Inc. Class A Common Stock

ρ +0.51beyond mkt +0.31holdout +0.65stable 100%robust

RYAN Ryan Specialty Holdings, Inc.

ρ +0.51beyond mkt +0.28holdout +0.61stable 100%robust

AJG Arthur J. Gallagher & Co.

ρ +0.50beyond mkt +0.23holdout +0.64stable 100%robust

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

HIPS GraniteShares HIPS US High Income ETF

horizon 10dρ +0.40holdout +0.48stable 75%robust

RMD ResMed Inc.

horizon 5dρ +0.31holdout +0.49stable 88%robust

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

PANW Palo Alto Networks, Inc. Common Stock

Δ -0.59recent -0.42prior +0.18beyond mkt -0.04

OKTA Okta, Inc. Class A Common Stock

Δ -0.58recent -0.35prior +0.23beyond mkt -0.01

ALNT Allient Inc. Common Stock

Δ -0.58recent -0.53prior +0.05beyond mkt +0.05

CRWD CrowdStrike Holdings, Inc. Class A Common Stock

Δ -0.58recent -0.43prior +0.15beyond mkt -0.06

TMAT Main Thematic Innovation ETF

Δ -0.57recent -0.48prior +0.09beyond mkt +0.13

MBCE Monarch Blue Chips Elite Index ETF

Δ -0.57recent -0.41prior +0.15beyond mkt +0.02

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

Symbol	beyond mkt	raw ρ	shared	isolation
BWIN The Baldwin Insurance Group, Inc. Class A Common Stock	+0.39	+0.54	13