JBTM JBT Marel Corporation

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

JBTM vs MIDD

Both indexed to 100 at 2026-05-11.

JBTM MIDD · range 79–115 · 2026-05-11 → 2026-11-06

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

MIDD Middleby Corporation (The) Common Stock

ρ +0.62beyond mkt +0.27holdout +0.64stable 100%robust

DCI Donaldson Company, Inc.

ρ +0.60beyond mkt +0.23holdout +0.59stable 100%robust

KAI Kadant Inc.

ρ +0.57beyond mkt +0.20holdout +0.53stable 100%robust

WTS Watts Water Technologies, Inc. Class A

ρ +0.55beyond mkt +0.19holdout +0.44stable 100%robust

NDSN Nordson Corporation Common Stock

ρ +0.60beyond mkt +0.19holdout +0.53stable 100%robust

ESAB ESAB Corporation

ρ +0.54beyond mkt +0.16holdout +0.64stable 100%robust

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

ρ -0.44beyond mkt -0.07holdout -0.38stable 100%robust

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

ρ -0.33beyond mkt +0.06holdout -0.30stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.37beyond mkt -0.02holdout -0.30stable 88%robust

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

PHK PIMCO High Income Fund

horizon 10dρ +0.45holdout +0.37stable 50%moderate

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

HZO MarineMax, Inc.

Δ -0.56recent -0.07prior +0.49beyond mkt +0.05

MPC MARATHON PETROLEUM CORPORATION

Δ -0.53recent -0.43prior +0.11beyond mkt -0.10

RUM RUM Group Inc. Class A Common Stock

Δ -0.52recent -0.12prior +0.41beyond mkt +0.02

VFLO Victory Portfolios II VictoryShares Free Cash Flow ETF

Δ -0.52recent -0.02prior +0.50beyond mkt -0.09

TGL Treasure Global Inc. Common Stock

Δ -0.51recent -0.39prior +0.13beyond mkt -0.07

MG Mistras Group Inc.

Δ -0.51recent -0.19prior +0.32beyond mkt -0.08