PDS Precision Drilling Corporation

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

PDS vs NBR

Both indexed to 100 at 2026-05-11.

PDS NBR · range 71–117 · 2026-05-11 → 2026-11-06

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

NBR Nabors Industries Ltd.

ρ +0.70beyond mkt +0.37holdout +0.75stable 100%robust

VAL Valaris Limited

ρ +0.66beyond mkt +0.31holdout +0.65stable 100%robust

OIH VanEck Oil Services ETF

ρ +0.72beyond mkt +0.29holdout +0.72stable 100%robust

HP Helmerich & Payne, Inc.

ρ +0.66beyond mkt +0.29holdout +0.72stable 100%robust

RIG Transocean LTD.

ρ +0.64beyond mkt +0.25holdout +0.67stable 100%robust

NE Noble Corporation plc

ρ +0.65beyond mkt +0.25holdout +0.57stable 100%robust

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

FDL First Trust Morningstar Dividend Leaders Index Fund

horizon 10dρ +0.35holdout +0.46stable 75%robust

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

CRON Cronos Group Inc. Common Share

Δ -0.53recent -0.38prior +0.15beyond mkt -0.01

BURL BURLINGTON STORES, INC.

Δ -0.53recent -0.45prior +0.08beyond mkt -0.09

CHRW C.H. Robinson Worldwide, Inc. Common Stock

Δ -0.53recent -0.33prior +0.19beyond mkt -0.02

M Macy's Inc.

Δ -0.52recent -0.35prior +0.17beyond mkt +0.04

SIG Signet Jewelers Limited

Δ -0.48recent -0.39prior +0.09beyond mkt -0.04

VISN Vistance Networks, Inc. Common Stock

Δ +0.48recent +0.63prior +0.15beyond mkt +0.02

Abnormal volume rises and falls on the same days as PDS's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
UBS UBS Group AG	+0.32	+0.27	+0.02	8e-10
EVR Evercore Inc.	+0.35	+0.23	+0.06	6e-12
STLA Stellantis N.V.	+0.32	+0.21	-0.02	7e-10
AER Aercap Holdings N.V.	+0.31	+0.18	+0.00	1e-9
DB Deutsche Bank Aktiengesellschaft	+0.32	+0.19	+0.05	4e-10

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

Symbol	beyond mkt	raw ρ	shared	isolation
NBR Nabors Industries Ltd.	+0.37	+0.70	19