TGB Trekor Metals Limited

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

TGB vs HBM

Both indexed to 100 at 2026-05-11.

TGB HBM · range 80–128 · 2026-05-11 → 2026-11-06

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

HBM Hudbay Minerals Inc.

ρ +0.79beyond mkt +0.53holdout +0.86stable 100%robust

COPX Global X Copper Miners ETF (NEW)

ρ +0.79beyond mkt +0.53holdout +0.87stable 100%robust

FCX Freeport-McMoran Inc.

ρ +0.72beyond mkt +0.42holdout +0.80stable 100%robust

SCCO Southern Copper Corporation

ρ +0.71beyond mkt +0.39holdout +0.80stable 100%robust

ERO Ero Copper Corp.

ρ +0.70beyond mkt +0.39holdout +0.80stable 100%robust

TECK Teck Resources Limited

ρ +0.68beyond mkt +0.37holdout +0.80stable 100%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.40beyond mkt +0.07holdout -0.59stable 88%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.34beyond mkt -0.06holdout -0.48stable 88%robust

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

CRH CRH Public Limited Company

horizon 5dρ +0.33holdout +0.31stable 88%robust

CDZI CADIZ, Inc. Common Stock

horizon 5dρ +0.31holdout +0.47stable 88%robust

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

CVS CVS HEALTH CORPORATION

Δ -0.61recent -0.58prior +0.04beyond mkt -0.04

SPOT Spotify Technology S.A.

Δ -0.60recent -0.48prior +0.12beyond mkt -0.02

DIVB iShares Core Dividend ETF

Δ -0.59recent -0.36prior +0.22beyond mkt -0.08

PWV Invesco Large Cap Value ETF

Δ -0.58recent -0.37prior +0.21beyond mkt -0.03

GCOW Pacer Global Cash Cows Dividend ETF

Δ -0.57recent -0.26prior +0.31beyond mkt -0.08

RCI Rogers Communications, Inc.

Δ -0.54recent -0.35prior +0.19beyond mkt +0.05

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

Symbol	beyond mkt	raw ρ	shared
COPX Global X Copper Miners ETF (NEW)	+0.53	+0.79	23
FCX Freeport-McMoran Inc.	+0.42	+0.72	22
HBM Hudbay Minerals Inc.	+0.53	+0.79	24
SCCO Southern Copper Corporation	+0.39	+0.71	22
TECK Teck Resources Limited	+0.37	+0.68	23
ERO Ero Copper Corp.	+0.39	+0.70	24