Pair Trades for IOT - Samsara
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 |
---|---|---|---|
BOX nyse | 88.2% | 7.23 | Application Software |
CLBT nasdaq | 87.9% | 799.51 | Application Software |
GWRE nyse | 87.9% | 216.90 | Application Software |
QTWO nyse | 87.4% | 537.13 | Application Software |
ACIW nasdaq | 86.9% | 339.81 | Application Software |
SSNC nasdaq | 85.2% | 68.91 | Application Software |
BLND nyse | 84.3% | 148.56 | Application Software |
AZPN nasdaq | 83.7% | 29.33 | Application Software |
PEGA nasdaq | 83.7% | 572.77 | Application Software |
TTD nasdaq | 83.6% | 359.95 | Application Software |
GBTG nyse | 83.4% | 232.57 | Application Software |
SAP nyse | 83.2% | 265.72 | Application Software |
AVPT nasdaq | 83.0% | 572.39 | Application Software |
CWAN nyse | 82.8% | 172.77 | Application Software |
AUR nasdaq | 82.5% | 522.41 | Application Software |
APP nasdaq | 81.9% | 3899.60 | Application Software |
MNDY nasdaq | 81.3% | 11.77 | Application Software |
GRND nyse | 81.3% | 438.69 | Application Software |
ZETA nyse | 80.9% | 419.61 | Application Software |
YOU nyse | 80.3% | 110.40 | Application Software |
ALKT nasdaq | 80.1% | 145.04 | Application Software |
GEN nasdaq | 79.8% | 11.17 | Application Software |
VERX nasdaq | 79.1% | 607.84 | Application Software |
VMEO nasdaq | 77.5% | 298.63 | Application Software |
MANH nasdaq | 77.5% | 26.75 | Application Software |
Sector Anti-Correlations (Top 20)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
RZLV nasdaq | -86.8% | -529 | Application Software |
AILE nasdaq | -83.0% | -515 | Application Software |
RMNI nasdaq | -79.0% | -190 | Application Software |
PET nasdaq | -76.0% | -602 | Application Software |
SMRT nyse | -74.9% | -410 | Application Software |
TGL nasdaq | -72.0% | -661 | Application Software |
NRDY nyse | -71.6% | -375 | Application Software |
PRO nyse | -71.5% | -329 | Application Software |
MITK nasdaq | -70.2% | -213 | Application Software |
REKR nasdaq | -68.9% | -424 | Application Software |
MYSZ nasdaq | -68.9% | -260 | Application Software |
FIVN nasdaq | -68.8% | -408 | Application Software |
CXM nyse | -67.3% | -278 | Application Software |
ESTC nyse | -66.3% | -207 | Application Software |
PD nyse | -65.9% | -270 | Application Software |
SPT nasdaq | -65.8% | -383 | Application Software |
MQ nasdaq | -65.4% | -330 | Application Software |
HUBC nasdaq | -64.1% | -405 | Application Software |
APCX nasdaq | -63.5% | -505 | Application Software |
CYN nasdaq | -62.0% | -654 | Application Software |
BRZE nasdaq | -60.6% | -214 | Application Software |
DV nyse | -59.9% | -401 | Application Software |
INUV nyse mkt | -58.5% | -36.2 | Application Software |
AVDX nasdaq | -58.4% | -134 | Application Software |
VRNT nasdaq | -58.4% | -195 | Application Software |
Overall Correlations (Top 30)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
FI nyse | 90.2% | 181 | Internet Services &.. |
ADP nasdaq | 90.0% | 53.3 | Human Resource & Emp.. |
EXLS nasdaq | 89.2% | 83.3 | Data Processing & Ou.. |
NOW nyse | 89.0% | 146 | Systems Software |
PAYX nasdaq | 88.8% | -2.58 | Human Resource & Emp.. |
BOX nyse | 88.2% | 7.23 | Application Software |
GDS nasdaq | 88.1% | 1193 | Data Processing & Ou.. |
CLBT nasdaq | 87.9% | 800 | Application Software |
GWRE nyse | 87.9% | 217 | Application Software |
PLTR nyse | 87.5% | 1685 | Systems Software |
PAYO nasdaq | 87.4% | 263 | Transaction & Paymen.. |
QTWO nyse | 87.4% | 537 | Application Software |
ACIW nasdaq | 86.9% | 340 | Application Software |
FFIV nasdaq | 86.6% | 44 | Communications Equip.. |
PLXS nasdaq | 86.6% | 296 | Electronic Manufactu.. |
ZBRA nasdaq | 86.6% | 244 | Electronic Equipment.. |
MSI nyse | 86.4% | 42 | Communications Equip.. |
ORCL nyse | 85.9% | 178 | Systems Software |
IT nyse | 85.6% | -40.9 | IT Consulting & Othe.. |
PSN nyse | 85.5% | 32.8 | Aerospace & Defense |
NEON nasdaq | 85.3% | 1597 | Electronic Manufactu.. |
SSNC nasdaq | 85.2% | 68.9 | Application Software |
IDCC nasdaq | 84.6% | 99.5 | Communications Equip.. |
BLND nyse | 84.3% | 149 | Application Software |
NTGR nasdaq | 84.2% | 186 | Communications Equip.. |
Overall Anti-Correlations (Top 30)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
RZLV nasdaq | -86.8% | -529 | Application Software |
AILE nasdaq | -83.0% | -515 | Application Software |
STM nyse | -82.4% | -215 | Semiconductors |
AVNW nasdaq | -80.3% | -221 | Communications Equip.. |
RMNI nasdaq | -79.0% | -190 | Application Software |
VSH nyse | -78.7% | -250 | Electronic Component.. |
ARRY nasdaq | -77.6% | -296 | Electrical Component.. |
INDI nasdaq | -77.6% | -206 | Semiconductors |
CRSR nasdaq | -76.8% | -329 | Technology Hardware,.. |
WOLF nyse | -76.2% | -316 | Semiconductors |
COHU nasdaq | -76.0% | -276 | Semiconductor Materi.. |
PET nasdaq | -76.0% | -602 | Application Software |
WLDS nasdaq | -75.5% | -343 | Apparel, Accessories.. |
SMRT nyse | -74.9% | -410 | Application Software |
GFS nasdaq | -74.6% | -170 | Semiconductors |
NVTS nasdaq | -73.4% | -231 | Semiconductors |
ALGM nasdaq | -72.3% | -169 | Semiconductor Materi.. |
TGL nasdaq | -72.0% | -661 | Application Software |
EB nyse | -71.7% | -275 | Interactive Media &.. |
ACLS nasdaq | -71.7% | -379 | Semiconductor Materi.. |
BMBL nasdaq | -71.6% | -243 | Interactive Media &.. |
NRDY nyse | -71.6% | -375 | Application Software |
PRO nyse | -71.5% | -329 | Application Software |
SYNA nasdaq | -70.9% | -169 | Semiconductors |
PAGS nyse | -70.8% | -304 | Data Processing & Ou.. |