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)

None

Overall 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..