CMSAVSPBR• 28 Days (Normalized)

CMSA vs PBR (CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078 vs Petroleo Brasileiro S.A. Petrobras)

Showing Closing Date Range from Sep 11 to Oct 9, 2026.

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

CMSA Performance $19.14
-0.08%
CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078
Normalized Baseline0.00%
PBR Performance $25.3
+19.34%
Petroleo Brasileiro S.A. Petrobras
Normalized Baseline0.00%
Alpha Spread Margin PBR LEADS
-19.42 pts
PBR outperforming by 19.42 percentage points
CMSAPBR
Spread Trajectory28 Days (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

CMSA PBR

Comparative Historical Ledger

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

Historical Quotes & Breakdown(20 dates)
DateCMSA PriceCMSA Gain (%)PBR PricePBR Gain (%)Spread
Oct 09, 2026$19.14-0.08% $25.30+19.34% -19.42%
Oct 08, 2026$19.03-0.65% $24.69+16.46% -17.11%
Oct 07, 2026$19.00-0.81% $23.99+13.16% -13.97%
Oct 06, 2026$19.32+0.86% $23.80+12.26% -11.40%
Oct 05, 2026$19.48+1.70% $24.14+13.87% -12.17%
Oct 02, 2026$19.43+1.44% $21.65+2.12% -0.68%
Oct 01, 2026$19.36+1.07% $20.98-1.04% +2.11%
Sep 30, 2026$19.05-0.55% $20.87-1.56% +1.01%
Sep 29, 2026$18.93-1.17% $20.65-2.59% +1.42%
Sep 28, 2026$19.16+0.00% $20.65-2.59% +2.59%
Sep 25, 2026$-$20.37-3.92% -
Sep 23, 2026$-$21.14-0.28% -
Sep 22, 2026$-$20.76-2.08% -
Sep 21, 2026$-$20.63-2.69% -
Sep 18, 2026$-$20.80-1.89% -
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