Co-movers

daily closes · 500dMethod

Moved together

TRNSwithKN

×0.31co-movement · KN on TRNS · 500d

r 0.37scale to r 0.75

Shared co-movers1with TRNSwith KN

NPOEnpro Inc.r 0.38r 0.70

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

TRNSTranscat Inc

85.89−4.57%· post 85.89

Mkt cap$807.8MRevenue$93MQ1 FY27Revenue$332MFY26

KNKnowles Corp

32.84−6.08%· post 32.84

ClosedOct 30 '26

Mkt cap$2.8BRevenue$184MQ3 FY26Revenue$593MFY25

vs

Compare

ClosedOct 30 '26

TRNSTranscat Inc

vs

KNKnowles Corp

85.89−4.57%post 85.89

Price

32.84−6.08%post 32.84

$807.8M

Mkt cap

$2.8B

Q1 FY27$93M

Revenue

$184MQ3 FY26

FY26$332M

Revenue

$593MFY25

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