RIG Transocean LTD.

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

RIG vs VAL

Both indexed to 100 at 2026-05-11.

RIG VAL · range 74–117 · 2026-05-11 → 2026-11-06

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

VAL Valaris Limited

ρ +0.86beyond mkt +0.73holdout +0.99stable 100%robust

NE Noble Corporation plc

ρ +0.78beyond mkt +0.56holdout +0.82stable 100%robust

SDRL Seadrill Limited

ρ +0.75beyond mkt +0.52holdout +0.83stable 100%robust

BORR Borr Drilling Limited

ρ +0.67beyond mkt +0.47holdout +0.67stable 100%robust

OIH VanEck Oil Services ETF

ρ +0.73beyond mkt +0.44holdout +0.74stable 100%robust

NBR Nabors Industries Ltd.

ρ +0.67beyond mkt +0.37holdout +0.72stable 100%robust

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

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

Δ -0.67recent -0.44prior +0.23beyond mkt +0.00

ARCB ArcBest Corporation Common Stock

Δ -0.59recent -0.32prior +0.26beyond mkt +0.03

CRON Cronos Group Inc. Common Share

Δ -0.56recent -0.42prior +0.14beyond mkt -0.06

SHOO Steven Madden, Ltd. Common Stock

Δ -0.52recent -0.37prior +0.15beyond mkt -0.01

CMTL Comtech Telecommunications Corp. Common Stock

Δ -0.51recent -0.35prior +0.16beyond mkt -0.03

HELE Helen of Troy Limited Common Stock

Δ -0.51recent -0.39prior +0.12beyond mkt -0.04

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

Symbol	beyond mkt	raw ρ	shared
VAL Valaris Limited	+0.73	+0.86	22
SDRL Seadrill Limited	+0.52	+0.75	19
OIH VanEck Oil Services ETF	+0.44	+0.73	18
BORR Borr Drilling Limited	+0.47	+0.67	19
NE Noble Corporation plc	+0.56	+0.78	22
NBR Nabors Industries Ltd.	+0.37	+0.67	19