NOVT Novanta Inc. Common Stock

Last close: 135.15
504-day return: -22.43%
Median $/day: $44.1M
Relationships shown: 15

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

NOVT vs CGNX

Both indexed to 100 at 2026-05-11.

NOVT CGNX · range 71–121 · 2026-05-11 → 2026-11-06

Moves with NOVT

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

CGNX Cognex Corporation Common Stock

ρ +0.59beyond mkt +0.22holdout +0.60stable 100%robust

SHC Sotera Health Company Common Stock

ρ +0.44beyond mkt +0.19holdout +0.32stable 88%robust

EDEN iShares MSCI Denmark ETF

ρ +0.37beyond mkt +0.18holdout +0.29stable 88%robust

HLIO Helios Technologies, Inc.

ρ +0.60beyond mkt +0.18holdout +0.62stable 100%robust

ZBRA Zebra Technologies Corporation Class A Common Stock

ρ +0.54beyond mkt +0.17holdout +0.48stable 100%robust

WELD Tema U.S. Manufacturing & Reshoring ETF

ρ +0.66beyond mkt +0.15holdout +0.69stable 100%robust

Moves against NOVT

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.37beyond mkt +0.11holdout -0.33stable 100%robust

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

ρ -0.47beyond mkt +0.04holdout -0.45stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.37beyond mkt +0.04holdout -0.35stable 100%robust

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

ρ -0.54beyond mkt +0.02holdout -0.57stable 100%robust

Weekly, not daily

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

MSGE Madison Square Garden Entertainment Corp.

horizon 10dρ +0.35holdout +0.37stable 50%moderate

PCF High Income Securities Fund

horizon 5dρ +0.33holdout +0.39stable 75%robust

PUBM PubMatic, Inc. Class A Common Stock

horizon 5dρ +0.33holdout +0.30stable 75%robust

AXON Axon Enterprise, Inc. Common Stock

horizon 5dρ +0.30holdout +0.30stable 62%moderate

BOF BranchOut Food Inc. Common Stock

horizon 5dρ +0.30holdout +0.25stable 62%moderate

Changed this quarter

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

UPBD Upbound Group, Inc. Common Stock

Δ -0.77recent -0.26prior +0.51beyond mkt +0.03

DIVB iShares Core Dividend ETF

Δ -0.73recent -0.24prior +0.49beyond mkt -0.05

CARS Cars.com Inc. Common Stock

Δ -0.70recent -0.37prior +0.33beyond mkt -0.09

ONEY State Street SPDR Russell 1000 Yield Focus ETF

Δ -0.70recent -0.18prior +0.52beyond mkt -0.06

DSTL Distillate U.S. Fundamental Stability & Value ETF

Δ -0.68recent -0.22prior +0.46beyond mkt -0.07

RDIV Invesco S&P Ultra Dividend Revenue ETF

Δ -0.67recent -0.24prior +0.42beyond mkt -0.10