IPVSMERC• 28 Days (Normalized)

IP vs MERC (International Paper Company vs Mercer International Inc.)

Showing Closing Date Range from Sep 7 to Oct 5, 2026.

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

IP Performance $32.05
-12.17%
International Paper Company
Normalized Baseline0.00%
MERC Performance $0.25
-35%
Mercer International Inc.
Normalized Baseline0.00%
Alpha Spread Margin IP LEADS
+22.83 pts
IP outperforming by 22.83 percentage points
IPMERC
Spread Trajectory28 Days (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

IP MERC

Comparative Historical Ledger

Daily closing prices, normalized percentages, and relative spread divergence.

Historical Quotes & Breakdown(20 dates)
DateIP PriceIP Gain (%)MERC PriceMERC Gain (%)Spread
Oct 05, 2026$32.05-12.17% $0.25-35.00% +22.83%
Oct 02, 2026$31.97-12.39% $0.26-32.39% +20.00%
Oct 01, 2026$32.52-10.88% $--
Sep 30, 2026$33.17-9.10% $0.31-18.39% +9.29%
Sep 29, 2026$33.32-8.69% $0.32-15.79% +7.10%
Sep 28, 2026$34.00-6.82% $0.32-15.79% +8.97%
Sep 25, 2026$35.02-4.03% $0.32-15.79% +11.76%
Sep 24, 2026$-$0.32-15.79% -
Sep 23, 2026$35.70-2.16% $0.32-15.79% +13.63%
Sep 22, 2026$35.71-2.14% $0.32-15.16% +13.02%
Sep 21, 2026$35.33-3.18% $0.34-10.53% +7.35%
Sep 18, 2026$34.53-5.37% $0.38+0.00% -5.37%
Sep 17, 2026$35.55-2.58% $0.38+0.00% -2.58%
Sep 16, 2026$34.06-6.66% $0.37-2.63% -4.03%
Sep 15, 2026$33.99-6.85% $0.39+2.63% -9.48%
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