SURG SurgePays, Inc. Common Stock

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

Weekly, not daily

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

PEW GrabAGun Digital Holdings Inc.

horizon 10dρ +0.46holdout +0.43stable 50%moderate

AEVA Aeva Technologies, Inc. Common Stock

horizon 10dρ +0.45holdout +0.48stable 62%moderate

RKLB Rocket Lab Corporation Common Stock

horizon 10dρ +0.44holdout +0.46stable 100%robust

IONQ IonQ, Inc.

horizon 10dρ +0.43holdout +0.32stable 75%robust

MVST Microvast Holdings, Inc. Common Stock

horizon 10dρ +0.41holdout +0.30stable 75%robust

JOBY Joby Aviation, Inc.

horizon 10dρ +0.40holdout +0.45stable 88%robust

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

VCV INVESCO CALIFORNIA VALUE MUNI INCOME TRUST

Δ +0.48recent +0.48prior +0.00beyond mkt +0.03

FT Franklin Universal Trust Shares of Beneficial Interest

Δ +0.47recent +0.49prior +0.03beyond mkt +0.02

PAYC PAYCOM SOFTWARE, INC.

Δ -0.46recent -0.31prior +0.15beyond mkt -0.03

FLTR VanEck IG Floating Rate ETF

Δ -0.46recent -0.36prior +0.11beyond mkt +0.01

IMO Imperial Oil Limited

Δ -0.45recent -0.41prior +0.04beyond mkt -0.03

CALC CalciMedica, Inc. Common Stock

Δ +0.45recent +0.40prior -0.05beyond mkt -0.03

Abnormal volume rises and falls on the same days as SURG'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
CISS C3is Inc. Common Stock	+0.32	+0.44	+0.02	8e-10
TNON Tenon Medical, Inc. Common Stock	+0.37	+0.29	+0.04	3e-13
VBIO Valion Bio, Inc. Common Stock	+0.35	+0.30	+0.02	4e-12
CRIS Curis, Inc. Common Stock	+0.38	+0.22	-0.02	<1e-15