MTA Metalla Royalty & Streaming Ltd.

Last close: 8.09
504-day return: +131.14%
Median $/day: $2.5M
Relationships shown: 12

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

MTA vs CGAU

Both indexed to 100 at 2026-05-11.

MTA CGAU · range 79–150 · 2026-05-11 → 2026-11-06

Moves with MTA

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

CGAU Centerra Gold Inc.

ρ +0.73beyond mkt +0.40holdout +0.78stable 100%robust

GDX VanEck Gold Miners ETF

ρ +0.73beyond mkt +0.38holdout +0.79stable 100%robust

PAAS Pan American Silver Corp.

ρ +0.71beyond mkt +0.35holdout +0.77stable 100%robust

CDE Coeur Mining, Inc.

ρ +0.70beyond mkt +0.33holdout +0.78stable 100%robust

IAG IAMGold Corporation

ρ +0.69beyond mkt +0.32holdout +0.75stable 100%robust

SLVR Sprott Funds Trust Sprott Silver Miners & Physical Silver ETF

ρ +0.70beyond mkt +0.30holdout +0.82stable 100%robust

Moves against MTA

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.32beyond mkt +0.03holdout -0.46stable 88%robust

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

ρ -0.35beyond mkt +0.02holdout -0.59stable 75%robust

Weekly, not daily

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

GANX Gain Therapeutics, Inc. Common Stock

horizon 10dρ +0.51holdout +0.64stable 88%robust

CRBP Corbus Pharmaceuticals Holdings, Inc. Common Stock

horizon 10dρ +0.38holdout +0.35stable 75%robust

TSQ TOWNSQUARE MEDIA, INC.

horizon 5dρ +0.32holdout +0.42stable 50%moderate

KALU Kaiser Aluminum Corporation Common Stock

horizon 5dρ +0.30holdout +0.39stable 88%robust

Changed this quarter

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

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.47recent -0.34prior +0.13beyond mkt -0.03

FLRT Pacer Aristotle Pacific Floating Rate High Income ETF

Δ +0.46recent +0.49prior +0.03beyond mkt -0.04

HYHG ProShares High Yield-Interest Rate Hedged ETF

Δ +0.45recent +0.55prior +0.10beyond mkt +0.01

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.45recent -0.09prior +0.36beyond mkt +0.07

CVS CVS HEALTH CORPORATION

Δ -0.44recent -0.37prior +0.07beyond mkt +0.07

OXLC Oxford Lane Capital Corp. Common Stock

Δ +0.40recent +0.45prior +0.05beyond mkt -0.01

Traded with MTA

Abnormal volume rises and falls on the same days as MTA's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
SA Seabridge Gold, Inc.	+0.44	+0.17	+0.28	<1e-15
DRD DRDGOLD Ltd.	+0.42	+0.13	+0.22	<1e-15
NFGC New Found Gold Corp	+0.37	+0.17	+0.19	<1e-15
USAS Americas Gold and Silver Corporation	+0.38	+0.14	+0.20	<1e-15
HMY Harmony Gold Mining Company Limited	+0.30	+0.25	+0.17	6e-9

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
GDX VanEck Gold Miners ETF	+0.38	+0.73	17
CGAU Centerra Gold Inc.	+0.40	+0.73	21