Pair Trades for MRCY - Mercury Systems

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
KTOS nasdaq 72.7% 147.96 Aerospace & Defense
NOC nyse 69.6% -84.31 Aerospace & Defense
LMT nyse 67.3% -70.32 Aerospace & Defense
AXON nasdaq 57.7% 294.77 Aerospace & Defense
DRS nasdaq 57.7% 149.67 Aerospace & Defense
LHX nyse 54.0% -76.57 Aerospace & Defense
HEI nyse 53.6% -0.47 Aerospace & Defense
HWM nyse 52.8% 280.77 Aerospace & Defense
HEI-A nyse 50.6% 3.43 Aerospace & Defense

Sector Anti-Correlations (Top 20)

Symbol Correlation Rel. Str. Sector
HXL nyse -40.8% -119 Aerospace & Defense
HII nyse -40.0% -160 Aerospace & Defense
TXT nyse -29.2% -100 Aerospace & Defense
SPCE nyse -25.0% -368 Aerospace & Defense
BA nyse -14.0% -163 Aerospace & Defense
ASLE nasdaq -9.70% -218 Aerospace & Defense
CAE nyse -8.10% -40.2 Aerospace & Defense
EH nasdaq -2.10% 5.86 Aerospace & Defense
ACHR nyse 1.40% 103 Aerospace & Defense
TGI nyse 5.0% -32.9 Aerospace & Defense
ATRO nasdaq 5.80% -104 Aerospace & Defense
SPR nyse 7.90% -27.2 Aerospace & Defense
HOVR nasdaq 10.9% -265 Aerospace & Defense
GD nyse 18.1% -72.6 Aerospace & Defense
TDG nyse 19.7% -2.01 Aerospace & Defense

Overall Correlations (Top 30)

Symbol Correlation Rel. Str. Sector
SNDR nyse 82.1% 113 Cargo Ground Transpo..

Overall Anti-Correlations (Top 30)

Symbol Correlation Rel. Str. Sector
JBI nyse -77.1% -297 Industrial Machinery..
TREX nyse -71.7% -260 Building Products
MEG nyse -71.3% -214 Environmental & Faci..
ATKR nyse -71.2% -291 Electrical Component..
POWW nasdaq -69.7% -191 Leisure Products
CNI nyse -67.7% -286 Rail Transportation
IVDA nasdaq -66.9% -187 Systems Software
HI nyse -66.9% -205 Industrial Machinery..
SFL nyse -66.8% -111 Oil & Gas Storage &..
KELYA nasdaq -64.9% -233 Human Resource & Emp..
DSX nyse -61.9% -486 Marine Transportatio..
RYAAY nasdaq -59.1% -129 Passenger Airlines
HYFM nasdaq -58.3% -261 Industrial Machinery..
GFAI nasdaq -58.0% -226 Electronic Equipment..
WNC nyse -57.0% -481 Construction Machine..
SMHI nyse -56.8% -272 Oil & Gas Equipment..
LICY nyse -55.6% -404 Environmental & Faci..
ALTG nyse -55.6% -237 Trading Companies &..
BURU amex -54.9% -494 Industrial Machinery..
LZ nasdaq -53.4% -209 Environmental & Faci..
ENOV nyse -52.8% -1452 Health Care Equipmen..
CMCO nasdaq -52.7% -115 Industrial Machinery..
AGCO nyse -52.4% -147 Agricultural & Farm..
CXT nyse -52.2% -59 Industrial Machinery..
GNK nyse -50.7% -194 Marine Transportatio..