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Closelook rankings · Up & Down Beta

Stocks whose market relationship is breaking loose

The stocks whose beta to the market has moved furthest and fastest away from its own history — the least stable market relationships in our coverage right now.

This list ranks by beta instability: how far a stock’s current beta has moved away from its own history, and how fast. A high number does not say up or down — it says the old relationship with the market is not holding, which is when position sizing built on that old relationship stops being reliable.

Engine run of 2026-09-14 · 3573 stocks measured against the S&P 500 · top 50 shown — the Market Structure lab holds the full toolbox behind this ranking.

#StockInstabilityUp-betaDown-betaInstabilityStateMarket
1 000977.SHE Inspur Electronic Info Industr 100 1.34 1.25 100 decoupling China
2 002415.SHE Hangzhou Hikvision Digital Technology Co Ltd 100 0.36 0.42 100 fragile China
3 002747.SHE Nanjing ESTUN Automation Co Ltd 100 0.30 0.09 100 decoupling China
4 0267.HK Citic Pacific 100 -0.21 0.79 100 fragile China
5 0285.HK BYD Electronic International Co Ltd 100 -0.28 1.04 100 fragile Hong Kong
6 047810.KS Korea Aerospace Industries 100 1.32 0.74 100 decoupling South Korea
7 055550.KS Shinhan Financial Group 100 0.61 -0.79 100 decoupling South Korea
8 079550.KS LIG Nex1 Co Ltd 100 0.62 0.25 100 decoupling South Korea
9 086790.KS Hana Financial 100 0.83 0.11 100 decoupling South Korea
10 105560.KS KB Financial Group 100 0.73 -0.27 100 decoupling South Korea
11 1101.TW Taiwan Cement Corp 100 0.32 0.28 100 decoupling Taiwan
12 1288.HK Agricultural Bank Of China 100 0.12 -0.04 100 decoupling China
13 1810.HK Xiaomi Corp 100 -0.43 0.76 100 fragile Hong Kong
14 1U1.DE 1&1 AG 100 -0.79 0.67 100 fragile Germany
15 2015.HK Li Auto Inc 100 -0.99 0.07 100 decoupling Hong Kong
16 2327.TW Yageo Corp 100 0.23 2.07 100 fragile Taiwan
17 2885.TW Yuanta Financial Holdings Co Ltd 100 0.57 0.25 100 decoupling Taiwan
18 319660.KQ 319660.KQ 100 -0.31 -1.31 100 decoupling South Korea
19 329180.KS Hyundai Heavy Industries Co Ltd 100 1.42 0.30 100 decoupling South Korea
20 360.AX LIFE360 Inc 100 1.64 0.37 100 decoupling Australia
21 6146.T DISCO Corp 100 1.08 1.15 100 fragile Wafer Processing & Precision
22 6361.T Ebara 100 1.65 0.77 100 decoupling Wafer Processing & Precision
23 6446.TW PharmaEssentia 100 -0.58 1.00 100 fragile Taiwan
24 6508.T MEIDENSHA CORPORATION 100 0.97 -0.10 100 decoupling Japan
25 6525.T Kokusai Electric 100 1.99 2.90 100 fragile Deposition, Etch & Process
26 6728.T ULVAC, Inc. 100 1.06 1.68 100 fragile Japan
27 7729.T TOKYO SEIMITSU CO.,LTD. 100 1.46 2.22 100 fragile Japan
28 7735.T SCREEN Holdings Co.,Ltd. 100 1.05 2.73 100 fragile Japan
29 8035.T Tokyo Electron 100 0.98 1.83 100 fragile Deposition, Etch & Process
30 AAUC.TO Allied Gold Corporation 100 0.73 1.77 100 fragile Canada
31 ACA Arcosa Inc 100 1.25 0.84 100 distribution US
32 AGCO AGCO Corporation 100 0.70 1.72 100 fragile United States
33 ALB Albemarle Corp 100 0.38 1.53 100 fragile Circular Economy & Resource Security
34 AMC AMC Entertainment Holdings Inc 100 -0.70 2.61 100 fragile United States
35 APTV Aptiv PLC 100 0.10 2.21 100 fragile United States
36 ARE Alexandria Real Estate Equities Inc 100 -0.50 0.90 100 decoupling United States
37 BCG.L Baltic Classifieds Group PLC 100 -0.01 0.51 100 fragile UK
38 BLD Topbuild Corp 100 1.61 1.95 100 fragile United States
39 BOY.L Bodycote PLC 100 0.80 2.49 100 fragile UK
40 BPT.L Bridgepoint Group Plc 100 1.62 0.48 100 decoupling UK
41 CBA.AX Commonwealth Bank of Australia 100 0.23 -0.10 100 decoupling Australia
42 CEN.AU Contact Energy Limited 100 -0.67 -0.34 100 decoupling Australia
43 CHH Choice Hotels International Inc 100 0.35 0.03 100 distribution United States
44 CHPT ChargePoint Holdings Inc 100 3.22 3.18 100 decoupling United States
45 CIG-C Energy of Minas Gerais Co DRC 100 0.82 0.51 100 decoupling US
46 COLD Americold Realty Trust 100 0.66 1.33 100 fragile United States
47 COTN.SW Comet Holding AG 100 2.67 0.50 100 decoupling Deposition, Etch & Process
48 CTVA Corteva Inc 100 -0.29 0.12 100 decoupling United States
49 CXT Crane NXT Co 100 1.36 0.70 100 decoupling United States
50 DSV.CO DSV A/S 100 0.13 -0.03 100 distribution Nearshoring, Logistics & Physical Commerce

Up-beta / down-beta: how much the stock moves on the market’s up days and down days, over the last 126 trading days. Beta gap = up-beta minus down-beta. Instability = how far the current beta has drifted from its own history (0–100).

Go deeper

  • Click any stock for its full page — chart, performance, signals and the Closelook read in one place.
  • The Market Structure lab shows the same engine as a market-wide dashboard — states, breadth and cross-asset context.
  • The Directional Flow ranking grades trend quality; this family grades market relationship. A name strong on both is a different animal than a name strong on one.
  • Factor Regime shows which of these profiles the market is currently paying for.

FAQ

What are up-beta and down-beta?

Beta measures how much a stock moves when the market moves. We split it in two: up-beta is measured only on the market’s up days, down-beta only on its down days. A stock with up-beta 1.4 and down-beta 0.8 rises more with rallies than it falls in sell-offs — the two numbers rarely match, and the gap between them is the interesting part.

What does the state column mean?

Our engine sorts every stock into one of five states: healthy leader (strong upside participation, positive beta gap), neutral, fragile (negative gap with elevated downside beta), distribution (fading upside with beta-adjusted underperformance) and decoupling (the relationship with the market itself is breaking down).

How often is this ranking updated?

The engine runs after every US market close across our full coverage, measured against the S&P 500. This page is rebuilt every morning and always shows the date of the run it was built from.

Is this investment advice?

No. Closelook publishes an investment research diary, not investment advice. The ranking describes what our engine measures in past prices. Past performance may not be an indication of future performance.

Closelook publishes an investment research diary, not investment advice. Past performance may not be an indication of future performance.