sotnkρ +0.70beyond mkt +0.65holdout +0.60stable 100%robust
UGP Ultrapar Participacoes S.A.
- Last close
- 5.42
- 504-day return
- +71.68%
- Median $/day
- $8.0M
- Relationships shown
- 7
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
UGP vs EWZ
Both indexed to 100 at 2026-05-11.
Moves with UGP
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.59beyond mkt +0.52holdout +0.54stable 100%robust
ρ +0.56beyond mkt +0.50holdout +0.35stable 100%robust
ρ +0.56beyond mkt +0.49holdout +0.42stable 100%robust
ρ +0.50beyond mkt +0.43holdout +0.42stable 100%robust
ρ +0.49beyond mkt +0.42holdout +0.41stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.38holdout +0.45stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.63recent -0.41prior +0.22beyond mkt +0.04
Δ -0.52recent -0.31prior +0.22beyond mkt -0.02
Δ -0.52recent -0.35prior +0.17beyond mkt -0.02
Δ -0.51recent -0.40prior +0.11beyond mkt -0.07
Δ -0.50recent -0.33prior +0.17beyond mkt +0.03
Δ -0.49recent -0.31prior +0.18beyond mkt +0.01
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| GGB Gerdau S.A. | +0.37 | +0.49 | 20 | |
| PAGS PagSeguro Digital Ltd. | +0.39 | +0.46 | 21 | |
| STNE StoneCo Ltd. Class A Common Shares | +0.38 | +0.45 | 21 | |
| PBR PETROLEO BRASILEIRO S.A.-PETROBRAS ADS (REP 1 COMMON SHARE) | +0.41 | +0.48 | 22 | |
| ABEV AMBEV S.A. | +0.42 | +0.49 | 23 | |
| SBS COMPANHIA DE SANEAMENTO B SICO DO ESTADO DE SAO PAULO-SABESP ADS'S | +0.49 | +0.56 | 24 |