Pair Trades for ESTA - Establishment Labs Holdings
Pair Trades are recommended against US Stocks, ETFs or Funds (min. 1+ Year Historical Data and ≥300k Daily Trading Volume)
Sector Correlations (Top 20)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
RXST nasdaq | 79.6% | -1611.56 | Health Care Supplies |
STAA nasdaq | 60.7% | -2027.26 | Health Care Supplies |
Sector Anti-Correlations (Top 20)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
NEOG nasdaq | -73.6% | -1793 | Health Care Supplies |
QDEL nasdaq | -71.8% | -2297 | Health Care Supplies |
SIBN nasdaq | -57.6% | -1806 | Health Care Supplies |
OSUR nasdaq | -51.8% | -3247 | Health Care Supplies |
SENS nyse mkt | -37.5% | -1495 | Health Care Supplies |
XRAY nasdaq | -30.9% | -2934 | Health Care Supplies |
AVNS nyse | -18.1% | -1279 | Health Care Supplies |
CERS nasdaq | -8.20% | -1310 | Health Care Supplies |
BLCO nyse | 1.50% | 791 | Health Care Supplies |
WST nyse | 4.40% | -300 | Health Care Supplies |
MMSI nasdaq | 14.7% | 1456 | Health Care Supplies |
LNTH nasdaq | 18.0% | 2854 | Health Care Supplies |
HAE nyse | 18.8% | -471 | Health Care Supplies |
Overall Correlations (Top 30)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
SYRE nasdaq | 85.3% | 328 | Biotechnology |
CATX nyse mkt | 85.2% | -2801 | Health Care Equipmen.. |
VKTX nasdaq | 83.8% | 7237 | Biotechnology |
OCGN nasdaq | 81.9% | 2389 | Biotechnology |
CGEM nasdaq | 81.1% | 401 | Biotechnology |
GBIO nasdaq | 81.0% | -4219 | Biotechnology |
ATOS nasdaq | 80.5% | -10.8 | Health Care Equipmen.. |
Overall Anti-Correlations (Top 30)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
LGVN nasdaq | -82.8% | -6820 | Biotechnology |
AUPH nasdaq | -80.9% | -484 | Biotechnology |
AMPH nasdaq | -79.1% | -2240 | Pharmaceuticals |
REVB nasdaq | -78.1% | -7649 | Biotechnology |
SINT nasdaq | -77.0% | -5844 | Health Care Equipmen.. |
PACB nasdaq | -76.0% | -4476 | Life Sciences Tools.. |
QTI nasdaq | -75.8% | -414 | Asset Management & C.. |
NARI nasdaq | -75.2% | 1974 | Health Care Equipmen.. |
ANTX nasdaq | -74.9% | -7493 | Biotechnology |
EVOK nasdaq | -74.5% | -3663 | Pharmaceuticals |
RNAZ nasdaq | -74.5% | -7827 | Biotechnology |
MHUA nasdaq | -74.2% | -4257 | Health Care Equipmen.. |
CERO nasdaq | -73.9% | - | Biotechnology |
GRI nasdaq | -73.8% | -7795 | Biotechnology |
NEOG nasdaq | -73.6% | -1793 | Health Care Supplies |
SBFM nasdaq | -73.4% | -7934 | Biotechnology |
CNMD nyse | -72.5% | -2394 | Health Care Equipmen.. |
IMRX nasdaq | -72.3% | -5572 | Biotechnology |
CMAX nasdaq | -72.1% | -2721 | Health Care Equipmen.. |
QDEL nasdaq | -71.8% | -2297 | Health Care Supplies |
GRFS nasdaq | -71.2% | -922 | Biotechnology |
IMVT nasdaq | -70.8% | -3620 | Biotechnology |
PETS nasdaq | -70.6% | -218 | Other Specialty Reta.. |
NLSP nasdaq | -70.6% | -6961 | Biotechnology |
FLGT nasdaq | -70.5% | -2153 | Health Care Services |