TVC Tennessee Valley Authority Power Bonds 1998 Series D due June 1, 2028

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

TVC vs TVE

Both indexed to 100 at 2026-05-11.

TVC TVE · range 98–100 · 2026-05-11 → 2026-11-06

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

TVE Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029

ρ +0.40beyond mkt +0.36holdout +0.35stable 100%robust

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

OIA INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST

horizon 10dρ +0.52holdout +0.38stable 88%robust

VCSH Vanguard Short-Term Corporate Bond ETF

horizon 10dρ +0.52holdout +0.48stable 100%robust

RIGS ALPS Strategic Income Fund

horizon 10dρ +0.39holdout +0.35stable 38%moderate

EWP iShares MSCI Spain ETF

horizon 10dρ +0.36holdout +0.37stable 38%moderate

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

MTW The Manitowoc Company, Inc.

Δ -0.51recent -0.37prior +0.15beyond mkt -0.02

FR First Industrial Realty Trust, Inc.

Δ -0.50recent -0.34prior +0.16beyond mkt -0.01

NEU NewMarket Corporation

Δ -0.50recent -0.40prior +0.10beyond mkt +0.00

BCO The Brink's Company

Δ -0.49recent -0.32prior +0.17beyond mkt +0.03

EIRL iShares MSCI Ireland ETF

Δ -0.49recent -0.36prior +0.13beyond mkt -0.06

USPH US Physical Therapy Inc

Δ -0.48recent -0.33prior +0.15beyond mkt +0.03

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

Symbol	beyond mkt	raw ρ	shared	isolation
TVE Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029	+0.36	+0.40	5