NG=FVSPA=F• 28 Days (Normalized)
PA

NG=F vs PA=F (Natural Gas Futures vs Palladium Futures)

Showing Closing Date Range from Aug, 20 to Sep, 17, 2026.

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

NG=F Performance $2.91
+6.48%
Natural Gas Futures
Normalized Baseline0.00%
PA=F Performance $1304
-2.42%
Palladium Futures
Normalized Baseline0.00%
Alpha Spread Margin NG=F LEADS
+8.9%
NG=F outperforming by 8.90%
NG=FPA=F
Spread Trajectory28 Days (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

NG=F PA=F

Comparative Historical Ledger

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

Historical Quotes & Breakdown(23 dates)
DateNG=F PriceNG=F Gain (%)PA=F PricePA=F Gain (%)Spread
Sep 17, 2026$2.91+6.48% $1304.00-2.42% +8.90%
Sep 16, 2026$2.89+5.78% $1300.10-2.71% +8.49%
Sep 15, 2026$2.92+6.81% $1289.20-3.52% +10.33%
Sep 14, 2026$2.90+5.96% $1294.60-3.12% +9.08%
Sep 13, 2026$2.86+4.76% $1305.50-2.30% +7.06%
Sep 11, 2026$2.83+3.59% $1310.90-1.90% +5.49%
Sep 10, 2026$2.83+3.70% $1281.30-4.12% +7.82%
Sep 09, 2026$2.82+3.26% $1367.30+2.32% +0.94%
Sep 08, 2026$2.92+6.70% $1355.60+1.44% +5.26%
Sep 07, 2026$2.98+8.89% $1413.00+5.74% +3.15%
Sep 06, 2026$2.98+8.85% $--
Sep 04, 2026$2.98+8.85% $1390.10+4.03% +4.82%
Sep 03, 2026$2.91+6.59% $1425.90+6.71% -0.12%
Sep 02, 2026$2.96+8.16% $1346.60+0.77% +7.39%
Sep 01, 2026$2.90+6.26% $1317.20-1.43% +7.69%
Page 1 of 2