sotnkρ +0.52beyond mkt +0.34holdout +0.33stable 100%robust
NORW Global X MSCI Norway ETF
- Last close
- 35.75
- 504-day return
- +61.84%
- Median $/day
- $361k
- Relationships shown
- 11
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: ENOR move almost identically to NORW (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
NORW vs DFE
Both indexed to 100 at 2026-05-11.
Moves with NORW
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.68beyond mkt +0.33holdout +0.63stable 100%robust
ρ +0.38beyond mkt +0.32holdout +0.27stable 100%robust
ρ +0.54beyond mkt +0.29holdout +0.43stable 100%robust
ρ +0.59beyond mkt +0.28holdout +0.51stable 100%robust
ρ +0.57beyond mkt +0.23holdout +0.59stable 100%robust
Moves against NORW
ρ -0.31beyond mkt -0.12holdout -0.29stable 75%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.43holdout +0.14stable 62%moderate
horizon 10dρ +0.36holdout +0.18stable 75%robust
horizon 10dρ +0.35holdout +0.47stable 100%robust
horizon 5dρ +0.31holdout +0.19stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.61recent -0.44prior +0.16beyond mkt -0.07
Δ -0.53recent -0.43prior +0.10beyond mkt -0.07
Δ -0.51recent -0.33prior +0.18beyond mkt -0.06
Δ -0.50recent -0.33prior +0.17beyond mkt +0.00
Δ -0.50recent -0.39prior +0.11beyond mkt -0.05
Δ -0.47recent -0.33prior +0.14beyond mkt -0.06