MTC MMTec, Inc. Common Shares

MTC is bought and sold on the same days as EGAN, POET, BLDP.

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.

EWM iShares MSCI Malaysia ETF

horizon 5dρ +0.31holdout +0.19stable 38%moderate

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

ASH Ashland Inc.

Δ -0.45recent -0.31prior +0.14beyond mkt +0.03

GNLN Greenlane Holdings, Inc. Class A Common Stock

Δ -0.43recent -0.34prior +0.08beyond mkt -0.02

LEE Lee Enterprises, Incorporated Common Stock

Δ -0.42recent -0.39prior +0.03beyond mkt -0.07

LFST LifeStance Health Group, Inc. Common Stock

Δ -0.38recent -0.35prior +0.02beyond mkt -0.11

UDR UDR, Inc.

Δ -0.37recent -0.36prior +0.01beyond mkt -0.05

NRT North European Oil Royalty Trust

Δ +0.36recent +0.35prior -0.02beyond mkt -0.01

Abnormal volume rises and falls on the same days as MTC'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
EGAN eGain Corporation Common Stock	+0.42	+0.20	-0.11	<1e-15
POET POET Technologies Inc. Common Shares	+0.43	+0.07	+0.02	<1e-15
BLDP Ballard Power Systems, Inc. Common Shares	+0.36	+0.20	+0.03	6e-13
SMX SMX (Security Matters) Public Limited Company Ordinary Shares	+0.35	+0.21	+0.04	7e-12
QTUM Defiance Quantum ETF	+0.34	+0.17	-0.05	3e-11
NNVC NanoViricides Inc.	+0.33	+0.13	-0.03	5e-11