Closelooknet 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 2026-11-12 · 6035 stocks measured against the S&P 500 · top 50 shown — the Market Structure lab holds the full toolbox behind this ranking.
| # | Stock | Instability | Up-beta | Down-beta | Instability | State | Market |
|---|---|---|---|---|---|---|---|
| 1 | 000568.SHE Luzhou Lao Jiao Co Ltd | 100 | -0.23 | -0.51 | 100 | decoupling | China |
| 2 | 0020.HK SenseTime Group Inc Class B | 100 | 0.35 | -0.07 | 100 | decoupling | Hong Kong |
| 3 | 002459.SHE JA Solar Technology Co Ltd | 100 | 0.11 | -0.41 | 100 | decoupling | China |
| 4 | 0241.HK Alibaba Health Information Technology Ltd | 100 | -0.66 | -1.08 | 100 | decoupling | Hong Kong |
| 5 | 0268.HK Kingdee International Software Group Co Ltd | 100 | 0.25 | -1.66 | 100 | decoupling | Application Leaders |
| 6 | 0700.HK Tencent Holdings Ltd | 100 | 0.02 | -0.94 | 100 | distribution | Hong Kong |
| 7 | 1024.HK Kuaishou Technology | 100 | 0.57 | -0.90 | 100 | decoupling | Hong Kong |
| 8 | 1038.HK CK Infrastructure Holdings Ltd | 100 | 0.32 | 0.04 | 100 | decoupling | Hong Kong |
| 9 | 1211.HK BYD Company Limited | 100 | -0.89 | -0.46 | 100 | distribution | Hong Kong |
| 10 | 161390.KS Hankook Tire Co. | 100 | -0.51 | -1.08 | 100 | distribution | South Korea |
| 11 | 1N8.DE ADYEN N.V. EO-01 | 100 | 0.81 | 0.54 | 100 | decoupling | Germany |
| 12 | 2121.T MIXI,Inc. | 100 | 0.63 | -0.70 | 100 | decoupling | Japan |
| 13 | 2400.HK Xd Inc | 100 | -0.34 | -0.44 | 100 | decoupling | Hong Kong |
| 14 | 251270.KS Netmarble Games Corp | 100 | 0.98 | -0.65 | 100 | decoupling | South Korea |
| 15 | 2531.T TAKARA HOLDINGS INC. | 100 | -0.12 | -0.50 | 100 | decoupling | Japan |
| 16 | 2914.T JAPAN TOBACCO INC. | 100 | -1.78 | -0.38 | 100 | distribution | Japan |
| 17 | 293490.KQ 293490.KQ | 100 | 1.19 | -0.39 | 100 | decoupling | South Korea |
| 18 | 300014.SHE EVE Energy | 100 | 0.11 | -0.72 | 100 | decoupling | China |
| 19 | 300454.SHE Sangfor Technologies Inc Class A | 100 | 0.42 | 0.16 | 100 | distribution | Agentic Security |
| 20 | 300502.SHE Eoptolink Technology Inc Ltd | 100 | 2.69 | 1.44 | 100 | decoupling | China |
| 21 | 3008.TW LARGAN Precision Co Ltd | 100 | 0.50 | 1.63 | 100 | fragile | Taiwan |
| 22 | 3086.T J.FRONT RETAILING Co.,Ltd. | 100 | -0.11 | -1.06 | 100 | decoupling | Japan |
| 23 | 319660.KQ 319660.KQ | 100 | 0.55 | 2.05 | 100 | fragile | South Korea |
| 24 | 326030.KS Sk Biopharmaceuticals Co Ltd | 100 | 0.64 | -0.84 | 100 | decoupling | South Korea |
| 25 | 3289.T 3289.TSE | 100 | -0.58 | -1.30 | 100 | decoupling | Japan |
| 26 | 3401.T TEIJIN LIMITED | 100 | 0.56 | -1.83 | 100 | decoupling | Japan |
| 27 | 3406.TW Genius Electronic Optical Co Ltd | 100 | 0.07 | 2.47 | 100 | fragile | Taiwan |
| 28 | 360.AX LIFE360 Inc | 100 | 1.22 | -1.39 | 100 | decoupling | Australia |
| 29 | 3653.TW Jentech Precision Industrial Co Ltd | 100 | 1.14 | 1.42 | 100 | fragile | Thermal Management |
| 30 | 3690.HK Meituan | 100 | -0.86 | -1.12 | 100 | decoupling | Hong Kong |
| 31 | 417A.T BLUE ZONES HOLDINGS CO.,LTD. | 100 | -0.44 | -1.26 | 100 | distribution | Japan |
| 32 | 4183.T Mitsui Chemicals,Inc. | 100 | -0.62 | 0.80 | 100 | fragile | Japan |
| 33 | 4202.T Daicel Corporation | 100 | 0.68 | -1.54 | 100 | decoupling | Japan |
| 34 | 4543.T TERUMO CORPORATION | 100 | 0.61 | -1.06 | 100 | decoupling | Japan |
| 35 | 4612.T NIPPON PAINT HOLDINGS CO.,LTD. | 100 | 1.07 | -1.20 | 100 | decoupling | Japan |
| 36 | 4613.T KANSAI PAINT CO.,LTD. | 100 | 0.03 | -0.84 | 100 | distribution | Japan |
| 37 | 4922.T KOSE Holdings Corporation | 100 | -0.18 | -0.95 | 100 | decoupling | Japan |
| 38 | 5101.T The Yokohama Rubber Company,Limited | 100 | 1.30 | -1.21 | 100 | decoupling | Japan |
| 39 | 5301.T TOKAI CARBON CO.,LTD. | 100 | 0.51 | 1.98 | 100 | fragile | Japan |
| 40 | 5444.T YAMATO KOGYO CO.,LTD. | 100 | 0.46 | 1.05 | 100 | fragile | Japan |
| 41 | 5929.T Sanwa Holdings Corporation | 100 | 0.56 | -1.39 | 100 | decoupling | Japan |
| 42 | 600900.SHG China Yangtze Power Co Ltd | 100 | -0.41 | 0.35 | 100 | fragile | China |
| 43 | 601088.SHG China Shenhua Energy Co | 100 | -0.60 | 1.30 | 100 | fragile | China |
| 44 | 601225.SHG Shaanxi Coal Industry Co Ltd | 100 | -0.21 | 1.10 | 100 | fragile | China |
| 45 | 601328.SHG Bank of Communications Co | 100 | -0.27 | 0.06 | 100 | fragile | China |
| 46 | 601360.SHG 360 Security Technology Inc | 100 | 0.79 | 0.09 | 100 | decoupling | China |
| 47 | 603268.SHG Guangdong Songfa Ceramics Co | 100 | 1.78 | 1.84 | 100 | fragile | China |
| 48 | 6618.HK Jd Health International Inc | 100 | -0.38 | -1.26 | 100 | decoupling | Hong Kong |
| 49 | 6841.T YOKOGAWA ELECTRIC CORPORATION | 100 | 0.84 | 1.78 | 100 | fragile | Japan |
| 50 | 688223.SHG JinkoSolar Co. Ltd. A | 100 | -0.00 | -0.73 | 100 | decoupling | China |
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 Closelooknet 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. Closelooknet 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.
Closelooknet publishes an investment research diary, not investment advice. Past performance may not be an indication of future performance.