IPVSMERC• 3 Months (Normalized)

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

Showing Closing Date Range from Jul 8 to Oct 6, 2026.

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

IP Performance $32.14
-12.35%
International Paper Company
Normalized Baseline0.00%
MERC Performance $0.24
-63.08%
Mercer International Inc.
Normalized Baseline0.00%
Alpha Spread Margin IP LEADS
+50.73 pts
IP outperforming by 50.73 percentage points
IPMERC
Spread Trajectory3 Months (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(64 dates)
DateIP PriceIP Gain (%)MERC PriceMERC Gain (%)Spread
Oct 06, 2026$32.14-12.35% $0.24-63.08% +50.73%
Oct 05, 2026$32.05-12.60% $0.25-62.00% +49.40%
Oct 02, 2026$31.97-12.82% $0.26-60.48% +47.66%
Oct 01, 2026$32.52-11.32% $--
Sep 30, 2026$33.17-9.54% $0.31-52.29% +42.75%
Sep 29, 2026$33.32-9.14% $0.32-50.77% +41.63%
Sep 28, 2026$34.00-7.28% $0.32-50.77% +43.49%
Sep 25, 2026$35.02-4.50% $0.32-50.77% +46.27%
Sep 24, 2026$-$0.32-50.77% -
Sep 23, 2026$35.70-2.65% $0.32-50.77% +48.12%
Sep 22, 2026$35.71-2.62% $0.32-50.40% +47.78%
Sep 21, 2026$35.33-3.65% $0.34-47.69% +44.04%
Sep 18, 2026$34.53-5.84% $0.38-41.54% +35.70%
Sep 17, 2026$35.55-3.05% $0.38-41.54% +38.49%
Sep 16, 2026$34.06-7.12% $0.37-43.08% +35.96%
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