SA Seabridge Gold, Inc.

Last close: 26.37
504-day return: +54.12%
Median $/day: $16.1M
Relationships shown: 13

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

SA vs GDX

Both indexed to 100 at 2026-05-11.

SA GDX · range 70–108 · 2026-05-11 → 2026-11-06

Moves with SA

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

GDX VanEck Gold Miners ETF

ρ +0.83beyond mkt +0.46holdout +0.86stable 100%robust

EXK Endeavour Silver Corp.

ρ +0.77beyond mkt +0.43holdout +0.85stable 100%robust

HL Hecla Mining Company

ρ +0.77beyond mkt +0.43holdout +0.84stable 100%robust

MUX McEwen Inc.

ρ +0.79beyond mkt +0.42holdout +0.81stable 100%robust

AG FIRST MAJESTIC SILVER CORP

ρ +0.77beyond mkt +0.42holdout +0.83stable 100%robust

NG NovaGold Resources Inc.

ρ +0.74beyond mkt +0.42holdout +0.87stable 100%robust

Moves against SA

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.34beyond mkt +0.08holdout -0.48stable 100%robust

Weekly, not daily

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

WTMF WisdomTree Managed Futures Strategy Fund

horizon 10dρ +0.44holdout +0.50stable 75%robust

SPCE Virgin Galactic Holdings, Inc.

horizon 5dρ +0.40holdout +0.50stable 62%moderate

DBMF iMGP DBi Managed Futures Strategy ETF

horizon 10dρ +0.39holdout +0.17stable 75%moderate

ICAP Infrastructure Capital Equity Income ETF

horizon 10dρ +0.39holdout +0.57stable 62%moderate

WOLF Wolfspeed, Inc.

horizon 10dρ +0.35holdout +0.33stable 62%moderate

HGER Harbor Commodity All-Weather Strategy ETF

horizon 5dρ +0.33holdout +0.20stable 75%robust

Changed this quarter

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

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.66recent -0.48prior +0.18beyond mkt -0.03

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.59recent -0.28prior +0.31beyond mkt +0.01

COM Direxion Auspice Broad Commodity Strategy ETF

Δ -0.55recent -0.17prior +0.38beyond mkt +0.06

CTA Simplify Managed Futures Strategy ETF

Δ -0.53recent -0.42prior +0.11beyond mkt -0.04

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.47recent -0.11prior +0.36beyond mkt +0.03

WTMF WisdomTree Managed Futures Strategy Fund

Δ -0.45recent -0.13prior +0.32beyond mkt -0.02

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
GDX VanEck Gold Miners ETF	+0.46	+0.83	17
NG NovaGold Resources Inc.	+0.42	+0.74	16
SLVR Sprott Funds Trust Sprott Silver Miners & Physical Silver ETF	+0.40	+0.78	20
HL Hecla Mining Company	+0.43	+0.77	21
AG FIRST MAJESTIC SILVER CORP	+0.42	+0.77	21
EXK Endeavour Silver Corp.	+0.43	+0.77	22