NOC Northrop Grumman Corp.

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

NOC vs LMT

Both indexed to 100 at 2026-05-11.

NOC LMT · range 87–127 · 2026-05-11 → 2026-11-06

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

LMT Lockheed Martin Corp.

ρ +0.71beyond mkt +0.64holdout +0.76stable 100%robust

LHX L3Harris Technologies, Inc.

ρ +0.67beyond mkt +0.59holdout +0.72stable 100%robust

SHLD Global X Defense Tech ETF

ρ +0.54beyond mkt +0.56holdout +0.66stable 100%robust

MISL First Trust Indxx Aerospace & Defense ETF

ρ +0.49beyond mkt +0.56holdout +0.44stable 100%robust

GD General Dynamics Corporation

ρ +0.60beyond mkt +0.52holdout +0.69stable 100%robust

ITA iShares U.S. Aerospace & Defense ETF

ρ +0.48beyond mkt +0.51holdout +0.50stable 100%robust

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

HOVR New Horizon Aircraft Ltd. Class A Ordinary Share

Δ -0.56recent -0.43prior +0.13beyond mkt +0.13

PRME Prime Medicine, Inc. Common Stock

Δ -0.55recent -0.42prior +0.14beyond mkt +0.03

METC Ramaco Resources, Inc. Class A Common Stock

Δ -0.54recent -0.38prior +0.16beyond mkt +0.06

TMQ Trilogy Metals Inc

Δ -0.54recent -0.43prior +0.10beyond mkt +0.03

SLS SELLAS Life Sciences Group, Inc. Common Stock

Δ -0.51recent -0.40prior +0.11beyond mkt +0.02

TGB Trekor Metals Limited

Δ -0.51recent -0.43prior +0.08beyond mkt +0.00

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

Symbol	beyond mkt	raw ρ	shared
RTX RTX Corporation	+0.50	+0.57	19
ITA iShares U.S. Aerospace & Defense ETF	+0.51	+0.48	20
NATO Themes ETF Trust Themes Transatlantic Defense ETF	+0.50	+0.46	22
MISL First Trust Indxx Aerospace & Defense ETF	+0.56	+0.49	24
KTOS Kratos Defense & Security Solutions, Inc. Common Stock	+0.37	+0.37	21
ESLT Elbit Systems Ltd. Ordinary Shares	+0.36	+0.39	21