Co-movers

daily closes · 499dMethod

Moved together

CTSwithFLEX

×0.90co-movement · FLEX on CTS · 499d

r 0.54scale to r 0.75

Shared co-movers1with CTSwith FLEX

BHEBenchmark Electronics Incr 0.73r 0.67

CTS, solidFLEX, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

CTSCTS Corp

62.99+2.83%· post 62.99

Mkt cap$1.7BRevenue$150MQ3 FY26Revenue$541MFY25

FLEXFlex Ltd.

84.18−2.65%· post 84.60

ClosedNov 2 '26

Mkt cap$31.1BRevenue$8.5BQ2 FY27Revenue$27.9BFY26

vs

Compare

ClosedNov 2 '26

CTSCTS Corp

vs

FLEXFlex Ltd.

62.99+2.83%post 62.99

Price

84.18−2.65%post 84.60

$1.7B

Mkt cap

$31.1B

Q3 FY26$150M

Revenue

$8.5BQ2 FY27

FY25$541M

Revenue

$27.9BFY26

CTS compared with FLEX: revenue, margins and what each company keeps, and the suppliers and customers both name