Themes / Cluster
Inactive · established relationshipLatest completed snapshot · Jul 14 · 18:03 ET

MARKET-DISCOVERED GROUP

Real Estate Services

THE TRADER READRecurring relationship, inactive in the latest snapshot

1 of 1 measured members are falling. Capital-flow agreement is 49%, so the basket is not yet clean.

Price breadth1 of 1 fallingRelative median unavailable
Capital-flow alignment49%Price breadth is not yet confirmed by flow
Activity nowCalmActivity score 17/100 · lift 0.8×
Evidence depth3 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

0 timed events
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

2 earlier filing context receipts

WED, FEB 18RMAX filing documented shared operating contextrestructuring affecting expense · date precision only

WED, FEB 25MMI filing documented shared operating contextrestructuring affecting expense · date precision only

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast
WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

4/4 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across IDT, MMI, PRVA, RMAX.

restructuring affecting expense

The aforementioned decreases in personnel expenses were partially offset by higher severance expenses, further disclosed in Note 2, Summary of Significant Accounting Policie s. ● Professional fees increased primarily due to higher investments in technology and our flagship websites. ● Other selling, operating and administrative expenses increased primarily due to an increase in bad debt expense and losses on sale and disposal of assets; mostly offset by a reduction in expenses from our annual REMAX agent convention and other events and decreased training costs.

RMAX 10-K · 2026-02-19
restructuring

This was partially offset by the settlement of an immaterial legal matter and an impairment recognized on an office lease in Canada, see Note 3, Leases , for additional information on our leases.

RMAX 10-K · 2026-02-19
credit / rates affecting revenue

We are also required to repay the term loans and reduce revolving commitments with (i) 100% of proceeds of any incurrence of additional debt not permitted by the Senior Secured Credit Facility, (ii) 100% of proceeds of asset sales and 100% of amounts recovered under insurance policies, subject to certain exceptions and a reinvestment right and (iii) 50% of Excess Cash Flow (or “ECF”) as defined in the Senior Secured Credit Facility, at the end of the applicable fiscal year if RE/MAX, LLC’s Total Leverage Ratio (or “TLR”) as defined in the Senior Secured Credit Facility, is in excess of 4.25:1.

RMAX 10-Q · 2026-05-08
CONFIRMATION NETWORK

Outsiders and cross-asset links

1 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

ALHCMoving with group

PRVA · text peer

PIIIRelationship only · live confirmation unavailable

PRVA · text peer

CENXNot confirming

RMAX · text peer

AGLNot confirming

PRVA · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
RMAXPRVAIDTMMI

4/4 active0 rising · 1 falling

MemberUnusual activityToday's moveRead now
RMAXRE/MAX Holdings, Inc.
Most unusual · 100/100
Flow confirmerActive in 0% of observed group sessions
PRVAPrivia Health Group, Inc.
Elevated · 42/100
-0.2%
Flow confirmerActive in 0% of observed group sessions
IDTIDT Corporation
Elevated · 23/100
Flow confirmerActive in 0% of observed group sessions
MMIMarcus & Millichap, Inc.
Elevated · 20/100
Flow divergenceActive in 0% of observed group sessions
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
RMAXRE/MAX Holdings, Inc.Most unusual0% of 0 sessionsMost unusual activity in this snapshot; performance direction may differ.
PRVAPrivia Health Group, Inc.Participating-0.2%0% of 0 sessionsPrice participation with accumulating signed flow.
IDTIDT CorporationParticipating0% of 0 sessionsPrice participation with accumulating signed flow.
MMIMarcus & Millichap, Inc.Participating0% of 0 sessionsPrice participation with distributing signed flow.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

Only point-in-time live watcher observations and conservative same-day EOD observations are included. Later backfills and replay runs are excluded.
Low structural sample

Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support3 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades
2026-07-104 names in the durable cohort
2026-07-072 names in the durable cohort
2026-07-062 names in the durable cohort
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS
IDT0% · 0 episodes
MMI0% · 0 episodes
PRVA0% · 0 episodes
RMAX0% · 0 episodes