ZIM ZIM Integrated Shipping Services Ltd.

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

ZIM vs GSL

Both indexed to 100 at 2026-05-11.

ZIM GSL · range 89–117 · 2026-05-11 → 2026-11-06

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

GSL Global Ship Lease, Inc.

ρ +0.47beyond mkt +0.37holdout +0.41stable 100%robust

BOAT SonicShares Global Shipping ETF

ρ +0.46beyond mkt +0.35holdout +0.41stable 100%robust

DAC Danaos Corporation

ρ +0.43beyond mkt +0.33holdout +0.26stable 100%robust

SEA U.S. Global Sea to Sky Cargo ETF

ρ +0.44beyond mkt +0.32holdout +0.35stable 100%robust

CMRE Costamare Inc.

ρ +0.41beyond mkt +0.31holdout +0.33stable 100%robust

NMM Navios Maritime Partners L.P.

ρ +0.37beyond mkt +0.28holdout +0.35stable 100%robust

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

DSX Diana Shipping, Inc.

horizon 10dρ +0.44holdout +0.48stable 100%robust

TMDX TransMedics Group, Inc. Common Stock

horizon 10dρ +0.43holdout +0.31stable 38%moderate

GNK GENCO SHIPPING & TRADING LTD

horizon 10dρ +0.41holdout +0.38stable 88%robust

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

EHC Encompass Health Corporation Common Stock

Δ -0.52recent -0.53prior -0.00beyond mkt -0.10

OTIS Otis Worldwide Corporation

Δ -0.49recent -0.38prior +0.12beyond mkt -0.02

INGR Ingredion Incorporated

Δ -0.48recent -0.36prior +0.12beyond mkt +0.01

DDS Dillard's, Inc. Class A Common Stock

Δ -0.48recent -0.31prior +0.17beyond mkt -0.01

ZTS ZOETIS INC.

Δ -0.47recent -0.30prior +0.17beyond mkt +0.03

IPAR Interparfums, Inc. Common Stock

Δ -0.47recent -0.35prior +0.12beyond mkt -0.03

Abnormal volume rises and falls on the same days as ZIM'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
OM Outset Medical, Inc. Common Stock	+0.32	+0.13	+0.05	3e-10
EVCM EverCommerce Inc. Common Stock	+0.32	+0.14	-0.10	6e-10
MPAA Motorcar Parts of America, Inc. Common Stock	+0.30	+0.12	+0.04	9e-9
IBTA Ibotta, Inc.	+0.31	+0.04	+0.06	2e-9
FRNM Freenome, Inc. Common stock	+0.33	-0.03	-0.04	1e-10

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

Symbol	beyond mkt	raw ρ	shared	isolation
GSL Global Ship Lease, Inc.	+0.37	+0.47	25