Correlated Assets

Assets that tend to move strongly with HBM

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  DELL  Dell (0.83)

  DB  Deutsche (0.83)

  CRK  Comstock Resources (0.82)

  SNX  TD Synnex (0.8)

  NRG  NRG Energy (0.79)

Uncorrelated Assets

Assets with little price relationship to HBM

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  ADM  Archer Daniels Midland (-0.01)

  VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.02)

  URBN  Urban Outfitters (0.03)

  VSCO  Victoria's Secret (0.03)

  EPR  EPR Properties (-0.03)

Anticorrelated Assets

Assets that tend to move strongly against HBM

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  ODFL  Old Dominion Freight Line (-0.67)

  SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.67)

  VSAT  Viasat (-0.69)

  DV  DoubleVerify (-0.7)

  KOLD  ProShares UltraShort Bloomberg Natural Gas (-0.73)

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