{
  "url": "https://struct.news/briefs/caci-paycom-and-vodafone-are-sharing-a-very-strange-trading-neighborhood",
  "title": "CACI, Paycom and Vodafone are sharing a very strange trading neighborhood",
  "summary": "Four names were active on Aug. 19 inside a cluster that crosses five sectors, from defense contracting and payroll software to telecom and healthcare.",
  "published_at": "2026-08-20T23:46:22.126129+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": null,
    "ticker": null,
    "cik": null,
    "sector": null,
    "industry": null
  },
  "source_filing": null,
  "comparison_filing": null,
  "reported_figures": [
    {
      "group": "An unusually tight cross-sector cluster",
      "label": "Active today",
      "value": 4,
      "display": "4/10",
      "unit": "number",
      "period": null,
      "detail": "Group members above the activity threshold",
      "source": {
        "kind": "jodie_evidence",
        "label": "Broad-market moves removed",
        "as_of": "2026-08-19"
      }
    },
    {
      "group": "An unusually tight cross-sector cluster",
      "label": "Recent correlation",
      "value": 0.7312,
      "display": "0.73",
      "unit": "number",
      "period": null,
      "detail": null,
      "source": {
        "kind": "jodie_evidence",
        "label": "Broad-market moves removed",
        "as_of": "2026-08-19"
      }
    },
    {
      "group": "An unusually tight cross-sector cluster",
      "label": "Usual correlation",
      "value": 0.0583,
      "display": "0.06",
      "unit": "number",
      "period": null,
      "detail": null,
      "source": {
        "kind": "jodie_evidence",
        "label": "Broad-market moves removed",
        "as_of": "2026-08-19"
      }
    },
    {
      "group": "An unusually tight cross-sector cluster",
      "label": "Above normal",
      "value": 3.91,
      "display": "3.9σ",
      "unit": "sigma",
      "period": null,
      "detail": null,
      "source": {
        "kind": "jodie_evidence",
        "label": "Broad-market moves removed",
        "as_of": "2026-08-19"
      }
    }
  ],
  "watch_next": [
    {
      "type": "co_movement_persistence",
      "statement": "A cross-sector group is showing unusually high residual co-movement after broad-market moves are removed. Compare whether the relationship persists or fades.",
      "importance": "medium",
      "evidence": "recent average pairwise correlation among the group: 0.73",
      "source_date": "2026-08-19"
    }
  ],
  "related_tickers": [
    "CACI",
    "CENT",
    "EHC",
    "FTDR",
    "MSI",
    "PAYC",
    "VAC",
    "VOD",
    "WPP"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}