SM SM Energy Company

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

SM vs MTDR

Both indexed to 100 at 2026-05-11.

SM MTDR · range 82–136 · 2026-05-11 → 2026-11-06

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

MTDR MATADOR RESOURCES COMPANY

ρ +0.85beyond mkt +0.53holdout +0.84stable 100%robust

CHRD Chord Energy Corporation Common Stock

ρ +0.84beyond mkt +0.46holdout +0.85stable 100%robust

NOG Northern Oil and Gas, Inc.

ρ +0.82beyond mkt +0.46holdout +0.77stable 100%robust

PR Permian Resources Corporation

ρ +0.80beyond mkt +0.41holdout +0.82stable 100%robust

FANG Diamondback Energy, Inc. Common Stock

ρ +0.80beyond mkt +0.40holdout +0.79stable 100%robust

CRGY Crescent Energy Company

ρ +0.79beyond mkt +0.38holdout +0.81stable 100%robust

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

GEVO Gevo, Inc. Common Stock

horizon 5dρ +0.33holdout +0.19stable 62%moderate

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

CRON Cronos Group Inc. Common Share

Δ -0.68recent -0.58prior +0.09beyond mkt -0.08

BIRK Birkenstock Holding plc

Δ -0.63recent -0.57prior +0.06beyond mkt +0.06

BKE The Buckle, Inc.

Δ -0.60recent -0.52prior +0.08beyond mkt -0.05

THLV THOR Equal Weight Low Volatility ETF

Δ -0.57recent -0.41prior +0.17beyond mkt -0.00

BTA Beacon Tactical Alternatives Risk ETF

Δ +0.55recent +0.60prior +0.05beyond mkt -0.03

FTGS First Trust Exchange-Traded Fund First Trust Growth Strength ETF

Δ -0.55recent -0.45prior +0.10beyond mkt +0.03

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

Symbol	beyond mkt	raw ρ	shared
FANG Diamondback Energy, Inc. Common Stock	+0.40	+0.80	21
NOG Northern Oil and Gas, Inc.	+0.46	+0.82	24
MTDR MATADOR RESOURCES COMPANY	+0.53	+0.85	25
PR Permian Resources Corporation	+0.41	+0.80	24
CRGY Crescent Energy Company	+0.38	+0.79	24
CHRD Chord Energy Corporation Common Stock	+0.46	+0.84	27