LIVN LivaNova PLC Ordinary Shares

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

LIVN vs XHE

Both indexed to 100 at 2026-05-11.

LIVN XHE · range 100–134 · 2026-05-11 → 2026-11-06

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

XHE State Street SPDR S&P Health Care Equipment ETF

ρ +0.69beyond mkt +0.43holdout +0.71stable 100%robust

IHI iShares U.S. Medical Devices ETF

ρ +0.60beyond mkt +0.37holdout +0.63stable 100%robust

MMSI Merit Medical Systems, Inc. Common Stock

ρ +0.53beyond mkt +0.29holdout +0.52stable 100%robust

BSX Boston Scientific Corp.

ρ +0.40beyond mkt +0.27holdout +0.51stable 88%robust

ZBH Zimmer Biomet Holdings, Inc.

ρ +0.47beyond mkt +0.27holdout +0.49stable 100%robust

HEAL Global X Funds Global X HealthTech ETF

ρ +0.54beyond mkt +0.25holdout +0.63stable 100%robust

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

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

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.34beyond mkt -0.01holdout -0.30stable 75%robust

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

WDI Western Asset Diversified Income Fund

horizon 10dρ +0.37holdout +0.27stable 100%robust

RNG RINGCENTRAL, INC.

horizon 5dρ +0.31holdout +0.05stable 62%moderate

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

NGS Natural Gas Services Group, Inc.

Δ -0.58recent -0.35prior +0.23beyond mkt +0.09

HZO MarineMax, Inc.

Δ -0.57recent -0.14prior +0.43beyond mkt +0.07

MTDR MATADOR RESOURCES COMPANY

Δ -0.54recent -0.43prior +0.11beyond mkt +0.09

DVN Devon Energy Corporation

Δ -0.51recent -0.42prior +0.10beyond mkt +0.08

MSM MSC Industrial Direct Co., Inc. Class A

Δ -0.51recent -0.16prior +0.35beyond mkt +0.02

VREX Varex Imaging Corporation Common Stock

Δ -0.51recent -0.07prior +0.44beyond mkt +0.11

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

Symbol	beyond mkt	raw ρ	shared	isolation
XHE State Street SPDR S&P Health Care Equipment ETF	+0.43	+0.69	16
IHI iShares U.S. Medical Devices ETF	+0.37	+0.60	17