lag 1dρ -0.23holdout -0.16stable 100%$/day $463krobust
OTEX Open Text Corporation Common Shares
- Last close
- 24.85
- 504-day return
- -8.37%
- Median $/day
- $31.5M
- Relationships shown
- 10
- Leader rank
- #382
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
OTEX vs PID
Both indexed to 100 at 2026-05-11.
Follows OTEX
These tend to repeat OTEX's moves later.
lag 1dρ -0.20holdout -0.16stable 88%$/day $1.3Mrobust
Moves with OTEX
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.51beyond mkt +0.25holdout +0.52stable 100%robust
ρ +0.60beyond mkt +0.25holdout +0.72stable 100%robust
ρ +0.58beyond mkt +0.23holdout +0.70stable 100%robust
ρ +0.57beyond mkt +0.22holdout +0.57stable 100%robust
ρ +0.56beyond mkt +0.20holdout +0.65stable 100%robust
ρ +0.64beyond mkt +0.20holdout +0.67stable 100%robust
Moves against OTEX
ρ -0.31beyond mkt +0.09holdout -0.08stable 88%moderate
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 5dρ +0.31holdout +0.29stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.58recent -0.34prior +0.24beyond mkt +0.09
Δ -0.57recent -0.43prior +0.14beyond mkt -0.03
Δ -0.53recent -0.42prior +0.12beyond mkt -0.07
Δ -0.53recent -0.34prior +0.19beyond mkt +0.04
Δ -0.51recent -0.31prior +0.20beyond mkt +0.08
Δ -0.51recent -0.38prior +0.13beyond mkt -0.03