TAP Molson Coors Beverage Company Class B

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

TAP vs SAM

Both indexed to 100 at 2026-05-11.

TAP SAM · range 85–121 · 2026-05-11 → 2026-11-06

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

SAM Boston Beer Company

ρ +0.60beyond mkt +0.46holdout +0.65stable 100%robust

BF.B Brown-Forman Corporation Class B

ρ +0.58beyond mkt +0.37holdout +0.63stable 100%robust

STZ Constellation Brands, Inc.

ρ +0.56beyond mkt +0.37holdout +0.66stable 100%robust

FTXG First Trust Exchange-Traded Fund VI First Trust Nasdaq Food & Beverage ETF

ρ +0.63beyond mkt +0.36holdout +0.62stable 100%robust

DEO Diageo plc

ρ +0.53beyond mkt +0.32holdout +0.60stable 100%robust

FXG First Trust Consumer Staples AlphaDEX Fund

ρ +0.61beyond mkt +0.31holdout +0.60stable 100%robust

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

DVOL First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Low Volatility ETF

horizon 10dρ +0.40holdout +0.66stable 75%robust

CI The Cigna Group

horizon 5dρ +0.35holdout +0.30stable 62%moderate

RYAN Ryan Specialty Holdings, Inc.

horizon 5dρ +0.31holdout +0.53stable 75%robust

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

MTRN Materion Corporation

Δ -0.70recent -0.57prior +0.14beyond mkt +0.00

MBCE Monarch Blue Chips Elite Index ETF

Δ -0.61recent -0.55prior +0.06beyond mkt -0.06

ROG Rogers Corporation

Δ -0.61recent -0.44prior +0.17beyond mkt +0.09

IEX IDEX Corporation

Δ -0.58recent -0.31prior +0.27beyond mkt -0.02

UCTT Ultra Clean Holdings, Inc. Common Stock

Δ -0.58recent -0.58prior +0.00beyond mkt +0.01

AVT Avnet, Inc. Common Stock

Δ -0.58recent -0.52prior +0.05beyond mkt -0.12

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

Symbol	beyond mkt	raw ρ	shared
SAM Boston Beer Company	+0.46	+0.60	15
FTXG First Trust Exchange-Traded Fund VI First Trust Nasdaq Food & Beverage ETF	+0.36	+0.63	16
STZ Constellation Brands, Inc.	+0.37	+0.56	17
BF.B Brown-Forman Corporation Class B	+0.37	+0.58	18