Co-movers

daily closes · 500dMethod

Moved together

SCLwithHY

×0.55co-movement · HY on SCL · 500d

r 0.41scale to r 0.75

Shared co-movers1with SCLwith HY

IOSPInnospec Inc.r 0.64r 0.52

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

SCLStepan Co

67.35−4.67%· post 67.35

Mkt cap$1.6BRevenue$692MQ3 FY26Revenue$2.3BFY25

HYHyster-Yale, Inc.

27.48−8.47%· post 26.50

ClosedNov 5 '26

Mkt cap$538.3MRevenue$827MQ3 FY26Revenue$3.8BFY25

vs

Compare

ClosedNov 5 '26

SCLStepan Co

vs

HYHyster-Yale, Inc.

67.35−4.67%post 67.35

Price

27.48−8.47%post 26.50

$1.6B

Mkt cap

$538.3M

Q3 FY26$692M

Revenue

$827MQ3 FY26

FY25$2.3B

Revenue

$3.8BFY25

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