Pair Trades for CP - Canadian Pacific Railway
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 |
---|---|---|---|
CSX nasdaq | 63.2% | -149.88 | Rail Transportation |
UNP nyse | 57.0% | -116.63 | Rail Transportation |
NSC nyse | 52.3% | -50.45 | Rail Transportation |
CNI nyse | 50.4% | -286.46 | Rail Transportation |
Sector Anti-Correlations (Top 20)
NoneOverall Correlations (Top 30)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
TXT nyse | 84.2% | -100 | Aerospace & Defense |
Overall Anti-Correlations (Top 30)
Symbol | Correlation | Rel. Str. | Sector |
---|---|---|---|
MNTS nasdaq | -63.2% | -272 | Industrial Machinery.. |
STI nasdaq | -57.8% | -502 | Electrical Component.. |
ZCAR nasdaq | -56.5% | -1196 | Passenger Ground Tra.. |
AGFY nasdaq | -55.6% | 322 | Agricultural & Farm.. |
BE nyse | -52.0% | 321 | Heavy Electrical Equ.. |
KITT nasdaq | -51.0% | -461 | Industrial Machinery.. |