IPVSMERC• 6 Months (Normalized)

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

Showing Closing Date Range from Apr 8 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
-13.54%
International Paper Company
Normalized Baseline0.00%
MERC Performance $0.25
-82.48%
Mercer International Inc.
Normalized Baseline0.00%
Alpha Spread Margin IP LEADS
+68.94 pts
IP outperforming by 68.94 percentage points
IPMERC
Spread Trajectory6 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(125 dates)
DateIP PriceIP Gain (%)MERC PriceMERC Gain (%)Spread
Oct 05, 2026$32.05-13.54% $0.25-82.48% +68.94%
Oct 02, 2026$31.97-13.76% $0.26-81.78% +68.02%
Oct 01, 2026$32.52-12.27% $--
Sep 30, 2026$33.17-10.52% $0.31-78.01% +67.49%
Sep 29, 2026$33.32-10.12% $0.32-77.30% +67.18%
Sep 28, 2026$34.00-8.28% $0.32-77.30% +69.02%
Sep 25, 2026$35.02-5.53% $0.32-77.30% +71.77%
Sep 24, 2026$-$0.32-77.30% -
Sep 23, 2026$35.70-3.70% $0.32-77.30% +73.60%
Sep 22, 2026$35.71-3.67% $0.32-77.13% +73.46%
Sep 21, 2026$35.33-4.69% $0.34-75.89% +71.20%
Sep 18, 2026$34.53-6.85% $0.38-73.05% +66.20%
Sep 17, 2026$35.55-4.10% $0.38-73.05% +68.95%
Sep 16, 2026$34.06-8.12% $0.37-73.76% +65.64%
Sep 15, 2026$33.99-8.31% $0.39-72.34% +64.03%
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