HAFN Hafnia Limited

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

HAFN vs TRMD

Both indexed to 100 at 2026-05-11.

HAFN TRMD · range 77–139 · 2026-05-11 → 2026-11-06

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

TRMD TORM plc Class A Common Stock

ρ +0.80beyond mkt +0.77holdout +0.87stable 100%robust

FRO Frontline Plc

ρ +0.73beyond mkt +0.70holdout +0.76stable 100%robust

ASC ARDMORE SHIPPING CORPORATION

ρ +0.73beyond mkt +0.68holdout +0.75stable 100%robust

ECO Okeanis Eco Tankers Corp.

ρ +0.72beyond mkt +0.68holdout +0.72stable 100%robust

INSW International Seaways, Inc. Common Stock

ρ +0.72beyond mkt +0.68holdout +0.74stable 100%robust

DHT DHT HOLDINGS, INC.

ρ +0.69beyond mkt +0.67holdout +0.74stable 100%robust

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

BWET Breakwave Tanker Shipping ETF

horizon 10dρ +0.50holdout +0.63stable 50%moderate

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

BINV Brandes International ETF

Δ -0.60recent -0.45prior +0.15beyond mkt -0.07

GCOW Pacer Global Cash Cows Dividend ETF

Δ -0.54recent -0.31prior +0.23beyond mkt -0.10

EWK iShares MSCI Belgium ETF

Δ -0.54recent -0.41prior +0.13beyond mkt -0.01

WYY WidePoint Corporation

Δ +0.50recent +0.42prior -0.08beyond mkt -0.03

HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF

Δ -0.49recent -0.32prior +0.17beyond mkt -0.03

COTY COTY INC

Δ -0.49recent -0.45prior +0.04beyond mkt -0.03

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

Symbol	beyond mkt	raw ρ	shared
ECO Okeanis Eco Tankers Corp.	+0.68	+0.72	27
INSW International Seaways, Inc. Common Stock	+0.68	+0.72	27
TEN Tsakos Energy Navigation Ltd.	+0.64	+0.70	27
BOAT SonicShares Global Shipping ETF	+0.61	+0.66	27
SFL SFL Corporation Ltd.	+0.59	+0.66	27
LPG DORIAN LPG LTD	+0.54	+0.62	27