PAM PAMPA ENERGIA S.A.

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

PAM vs CVEO, shifted 1d

Both indexed to 100 at 2026-05-11. CVEO is drawn 1 trading day later than it happened, so if it leads, the lines move together.

PAM CVEO (+1d) · range 78–119 · 2026-05-11 → 2026-11-06

PAM tends to repeat these symbols' moves some days later. The highlighted bar is the lag.

CVEO Civeo Corporation

lag 1dρ -0.20holdout -0.26stable 88%$/day $1.7Mrobust

These tend to repeat PAM's moves later.

EVC Entravision Communication

lag 1dρ -0.21holdout -0.28stable 100%$/day $710krobust

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

ARGT Global X MSCI Argentina ETF

ρ +0.80beyond mkt +0.80holdout +0.67stable 100%robust

TGS Transportadora de Gas del Sur S.A. ADS

ρ +0.83beyond mkt +0.78holdout +0.83stable 100%robust

EDN Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor)

ρ +0.77beyond mkt +0.74holdout +0.66stable 100%robust

BMA Banco Macro S.A.

ρ +0.73beyond mkt +0.72holdout +0.55stable 100%robust

TEO Telecom Argentina S.A.

ρ +0.64beyond mkt +0.61holdout +0.51stable 100%robust

VIST Vista Energy S.A.B. de C.V.

ρ +0.66beyond mkt +0.59holdout +0.58stable 100%robust

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

IBID iShares iBonds Oct 2027 Term TIPS ETF

Δ +0.60recent +0.49prior -0.11beyond mkt -0.09

EVGO EVgo Inc. Class A Common Stock

Δ -0.57recent -0.39prior +0.18beyond mkt -0.03

UAL United Airlines Holdings, Inc. Common Stock

Δ -0.57recent -0.41prior +0.16beyond mkt +0.10

FRHC Freedom Holding Corp. Common Stock

Δ -0.56recent -0.23prior +0.33beyond mkt +0.15

AS Amer Sports, Inc.

Δ -0.55recent -0.33prior +0.22beyond mkt +0.13

DAL Delta Air Lines, Inc.

Δ -0.54recent -0.40prior +0.15beyond mkt +0.07

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

Symbol	beyond mkt	raw ρ	shared
EDN Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor)	+0.74	+0.77	20
ARGT Global X MSCI Argentina ETF	+0.80	+0.80	21
CAAP Corporacion America Airports S.A.	+0.44	+0.47	17
TEO Telecom Argentina S.A.	+0.61	+0.64	21
BMA Banco Macro S.A.	+0.72	+0.73	23
TGS Transportadora de Gas del Sur S.A. ADS	+0.78	+0.83	24