HBM Hudbay Minerals Inc.

Last close: 20.91
504-day return: +131.28%
Median $/day: $85.2M
Relationships shown: 15
Leader rank: #685

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

HBM vs COPX

Both indexed to 100 at 2026-05-11.

HBM COPX · range 80–125 · 2026-05-11 → 2026-11-06

Follows HBM

These tend to repeat HBM's moves later.

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.22holdout +0.22stable 88%$/day $1.1Mrobust

Moves with HBM

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

COPX Global X Copper Miners ETF (NEW)

ρ +0.87beyond mkt +0.66holdout +0.93stable 100%robust

TGB Trekor Metals Limited

ρ +0.79beyond mkt +0.53holdout +0.86stable 100%robust

MGNR American Beacon GLG Natural Resources ETF

ρ +0.81beyond mkt +0.53holdout +0.81stable 100%robust

SCCO Southern Copper Corporation

ρ +0.80beyond mkt +0.51holdout +0.85stable 100%robust

FCX Freeport-McMoran Inc.

ρ +0.79beyond mkt +0.51holdout +0.87stable 100%robust

ERO Ero Copper Corp.

ρ +0.76beyond mkt +0.48holdout +0.84stable 100%robust

Moves against HBM

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.33beyond mkt +0.06holdout -0.46stable 88%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.39beyond mkt -0.06holdout -0.52stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.32beyond mkt -0.03holdout -0.37stable 100%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.49beyond mkt -0.03holdout -0.67stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.30beyond mkt -0.01holdout -0.38stable 75%robust

Weekly, not daily

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

LUMN Lumen Technologies, Inc. Common Stock

horizon 10dρ +0.42holdout +0.37stable 62%moderate

FOSL Fossil Group, Inc. Common Stock

horizon 10dρ +0.36holdout +0.40stable 50%moderate

ODFL Old Dominion Freight Line, Inc. Common Stock

horizon 10dρ +0.35holdout +0.27stable 38%moderate

Changed this quarter

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

GCOW Pacer Global Cash Cows Dividend ETF

Δ -0.56recent -0.22prior +0.35beyond mkt +0.02

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.54recent -0.39prior +0.16beyond mkt -0.09

CURI CuriosityStream Inc. Class A Common Stock

Δ -0.54recent -0.35prior +0.20beyond mkt -0.01

ACOG Alpha Cognition Inc. Common Stock

Δ +0.53recent +0.61prior +0.09beyond mkt -0.05

SPT Sprout Social, Inc Class A Common Stock

Δ -0.52recent -0.40prior +0.12beyond mkt +0.05

ATNI ATN International, Inc. Common Stock

Δ -0.51recent -0.35prior +0.16beyond mkt -0.03

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
MGNR American Beacon GLG Natural Resources ETF	+0.53	+0.81	20
FCX Freeport-McMoran Inc.	+0.51	+0.79	20
SCCO Southern Copper Corporation	+0.51	+0.80	21
COPX Global X Copper Miners ETF (NEW)	+0.66	+0.87	24
EPU iShares MSCI Peru and Global Exposure ETF	+0.36	+0.76	21
TGB Trekor Metals Limited	+0.53	+0.79	24