IPVSMERC• 28 Days (Normalized)
IP vs MERC (International Paper Company vs Mercer International Inc.)
Showing Closing Date Range from Sep 10 to Oct 8, 2026.
Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.
IP Performance $31.87
-7.06%
International Paper Company
Normalized Baseline0.00%
MERC Performance $0.25
-35.32%
Mercer International Inc.
Normalized Baseline0.00%
Alpha Spread Margin IP LEADS
+28.26 pts
IP outperforming by 28.26 percentage points
IPMERC
Spread Trajectory28 Days (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(21 dates)
| Date | IP Price | IP Gain (%) | MERC Price | MERC Gain (%) | Spread |
|---|---|---|---|---|---|
| Oct 08, 2026 | $31.87 | -7.06% | $0.25 | -35.32% | +28.26% |
| Oct 07, 2026 | $31.82 | -7.20% | $0.25 | -34.26% | +27.06% |
| Oct 06, 2026 | $32.14 | -6.27% | $0.24 | -36.84% | +30.57% |
| Oct 05, 2026 | $32.05 | -6.53% | $0.25 | -35.00% | +28.47% |
| Oct 02, 2026 | $31.97 | -6.77% | $0.26 | -32.39% | +25.62% |
| Oct 01, 2026 | $32.52 | -5.16% | $- | - | |
| Sep 30, 2026 | $33.17 | -3.27% | $0.31 | -18.39% | +15.12% |
| Sep 29, 2026 | $33.32 | -2.83% | $0.32 | -15.79% | +12.96% |
| Sep 28, 2026 | $34.00 | -0.85% | $0.32 | -15.79% | +14.94% |
| Sep 25, 2026 | $35.02 | +2.13% | $0.32 | -15.79% | +17.92% |
| Sep 24, 2026 | $- | $0.32 | -15.79% | - | |
| Sep 23, 2026 | $35.70 | +4.11% | $0.32 | -15.79% | +19.90% |
| Sep 22, 2026 | $35.71 | +4.14% | $0.32 | -15.16% | +19.30% |
| Sep 21, 2026 | $35.33 | +3.03% | $0.34 | -10.53% | +13.56% |
| Sep 18, 2026 | $34.53 | +0.70% | $0.38 | +0.00% | +0.70% |
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