LICN Lichen International Limited Class A Ordinary Shares

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

Weekly, not daily

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

AAMI Acadian Asset Management Inc.

horizon 10dρ +0.42holdout +0.46stable 38%moderate

UPC Universe Pharmaceuticals Inc. Class A Ordinary Shares

horizon 10dρ +0.40holdout +0.17stable 25%moderate

CNTY Century Casinos, Inc. Common Stock

horizon 10dρ +0.39holdout +0.46stable 62%moderate

KCE State Street SPDR S&P Capital Markets ETF

horizon 10dρ +0.39holdout +0.28stable 62%moderate

BNJ Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes

horizon 10dρ +0.39holdout +0.26stable 38%moderate

CG The Carlyle Group Inc. Common Stock

horizon 10dρ +0.38holdout +0.37stable 62%moderate

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

INSM Insmed Incorporated Common Stock

Δ -0.59recent -0.52prior +0.07beyond mkt -0.05

VTRS Viatris Inc. Common Stock

Δ -0.50recent -0.32prior +0.18beyond mkt +0.07

PMM Franklin Managed Municipal Income Trust

Δ -0.50recent -0.42prior +0.08beyond mkt -0.05

LLY Eli Lilly & Co.

Δ -0.44recent -0.33prior +0.11beyond mkt +0.05

HRMY Harmony Biosciences Holdings, Inc. Common Stock

Δ -0.42recent -0.30prior +0.12beyond mkt +0.01

IHE iShares U.S. Pharmaceuticals ETF

Δ -0.42recent -0.30prior +0.12beyond mkt +0.01