IPVSTMCR• Today (Normalized)

IP vs TMCR (International Paper Company vs The Metals Royalty Company Inc.)

Showing Closing Date Range from Oct 4 to Oct 5, 2026.

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

BEFORE THE OPEN US Eastern Time (ET)

Before the Regular Session

12:43 AM ET
2026-10-06

Current time is 12:43 AM ET. The regular US trading session begins at 9:30 AM ET. Showing closing prices from the prior official trading session.

Today's Alpha Margin

IP leads by +7.85% Alpha Spread Today

IP is trading at +0.25% while TMCR is at -7.60% .

IP (0.25%) TMCR (-7.60%)
Dominance Spread7.85% Spread
Card 1 • Session Start 9:30 AM ET OPEN

Started At

Official opening auction price

IP
Gap: -0.42 (-1.31%)
$31.55
TMCR
Gap: -0.02 (-0.58%)
$3.40
Baseline Prior Closes $31.97 vs $3.42
Card 2 • Execution PRIOR SESSION

Previous Close

Baseline for today's market open

IP
Latest snapshot
$32.05
TMCR
Latest snapshot
$3.16
Verified Snapshot12:43 AM ET
Card 3 • Net Move IP LEADING

Gained / Lost Today

Net return against previous session close

IP
+$0.08
+0.25%
TMCR
$-0.26
-7.60%
Performance Lead +7.85% Advantage

Today's Trading Range Position

Where each asset is currently trading relative to its Day Low and Day High

IP $32.05 (80% of range)
Low: $31.11High: $32.29
TMCR $3.16 (5% of range)
Low: $3.13High: $3.72

Session Liquidity & Volume

Trading activity, share volume, and estimated dollar liquidity

IP Liquidity
Share Volume
6.67M
Est. Dollar Volume
$213.88M
TMCR Liquidity
Share Volume
107.4K
Est. Dollar Volume
$339.3K

Session Ledger Comparison

Direct side-by-side breakdown of today's key auction and price metrics

MetricIPTMCRHead-to-Head Advantage
Today's Return+0.25% -7.60% IP +7.85%
Net Dollar Move+$0.08$-0.26IP higher move
Open Price$31.55$3.40 Gap: -1.31% vs -0.58%
Day High$32.29$3.72Session peaks
Day Low$31.11$3.13Session troughs
Intraday Spread$1.18$0.59High/Low spread
Share Volume6.67M107.4KIP more active
Est. Dollar Volume$213.88M$339.3KIP higher liquidity
Multi-Day Trajectory Charts•Interactive Historical Comparison

Explore IP vs TMCR Over Extended Timeframes

Today's session isolates intraday momentum. Switch to normalized multi-day timeframes to analyze historical correlations, cumulative returns, and divergence charts.