Pair Trades for ADBE (NASDAQ) - Adobe Systems Incorporated
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. Perf. | Sector |
|---|---|---|---|
| BRZE nasdaq | 96.4% | 4.04 | Application Software |
| APPF nasdaq | 95.4% | 0.94 | Application Software |
| SNPS nasdaq | 94.7% | 0.74 | Application Software |
| INTU nasdaq | 94.6% | 1.66 | Application Software |
| FICO nyse | 93.9% | 2.54 | Application Software |
| APP nasdaq | 93.2% | 3.68 | Application Software |
| PRO nyse | 92.9% | 1.36 | Application Software |
| PTC nasdaq | 92.8% | 0.36 | Application Software |
| DBX nasdaq | 91.6% | 0.58 | Application Software |
| MANH nasdaq | 91.6% | 0.92 | Application Software |
| CLBT nasdaq | 91.5% | 2.44 | Application Software |
| WDAY nasdaq | 91.3% | 1.35 | Application Software |
| CDNS nasdaq | 90.3% | 0.31 | Application Software |
| VTEX nyse | 90.3% | 3.64 | Application Software |
| AVPT nasdaq | 90.0% | 0.80 | Application Software |
| INFA nyse | 89.9% | 2.91 | Application Software |
| CRWD nasdaq | 89.4% | 3.40 | Application Software |
| CCCS nasdaq | 87.6% | -0.58 | Application Software |
| REKR nasdaq | 87.2% | 3.55 | Application Software |
| BSY nasdaq | 87.1% | -0.64 | Application Software |
| CXM nyse | 86.1% | 0.45 | Application Software |
| MSTR nasdaq | 85.4% | 5.44 | Application Software |
| IOT nyse | 83.7% | 1.43 | Application Software |
| GCT nasdaq | 83.1% | 5.27 | Application Software |
| SAP nyse | 83.1% | 0.73 | Application Software |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| SOPA nasdaq | -93.2% | -9.05 | Application Software |
| MRIN nasdaq | -84.4% | -8.12 | Application Software |
| APPS nasdaq | -81.9% | -5.84 | Application Software |
| EXFY nasdaq | -81.4% | -11.56 | Application Software |
| TWKS nasdaq | -79.9% | -7.63 | Application Software |
| YOU nyse | -78.5% | -2.00 | Application Software |
| VERI nasdaq | -75.8% | -6.38 | Application Software |
| PD nyse | -73.0% | -1.57 | Application Software |
| MODN nyse | -72.8% | -4.46 | Application Software |
| ENV nyse | -72.2% | -4.02 | Application Software |
| GRRR nasdaq | -71.5% | -13.31 | Application Software |
| RSKD nyse | -71.3% | -2.62 | Application Software |
| ETWO nyse | -70.7% | -4.66 | Application Software |
| EVBG nasdaq | -70.0% | -2.86 | Application Software |
| VRNT nasdaq | -70.0% | -5.47 | Application Software |
| AYX nyse | -69.3% | -0.56 | Application Software |
| OLO nyse | -68.0% | -3.46 | Application Software |
| DOCU nasdaq | -67.4% | -3.29 | Application Software |
| WAVD nasdaq | -66.9% | -7.75 | Application Software |
| API nasdaq | -66.1% | -2.44 | Application Software |
| LPSN nasdaq | -65.5% | -2.56 | Application Software |
| BL nasdaq | -63.7% | -0.01 | Application Software |
| RMNI nasdaq | -63.5% | -4.35 | Application Software |
| CXAI nasdaq | -62.3% | -21.71 | Application Software |
| HCP nasdaq | -61.4% | -4.65 | Application Software |
Overall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| AVGO nasdaq | 96.5% | 0.36 | Semiconductors |
| BRZE nasdaq | 96.4% | 4.04 | Application Software |
| APPF nasdaq | 95.4% | 0.94 | Application Software |
| NOW nyse | 95.2% | 1.26 | Systems Software |
| PLTR nyse | 95.1% | 0.71 | Systems Software |
| SNPS nasdaq | 94.7% | 0.74 | Application Software |
| INTU nasdaq | 94.6% | 1.66 | Application Software |
| ONTO nyse | 94.5% | 1.26 | Semiconductor Materi.. |
| ROP nasdaq | 94.2% | 0.97 | Industrial Conglomer.. |
| ROP nyse | 94.2% | 0.97 | Industrial Conglomer.. |
| NTAP nasdaq | 94.1% | 1.41 | Technology Hardware,.. |
| KLAC nasdaq | 94.1% | 0.40 | Semiconductor Materi.. |
| QUIK nasdaq | 94.0% | 5.08 | Semiconductors |
| NVDA nasdaq | 93.9% | 0.73 | Semiconductors |
| FICO nyse | 93.9% | 2.54 | Application Software |
| JBL nyse | 93.9% | 1.01 | Electronic Manufactu.. |
| BR nyse | 93.8% | 1.23 | Data Processing & Ou.. |
| UBER nyse | 93.2% | 3.24 | Passenger Ground Tra.. |
| APP nasdaq | 93.2% | 3.68 | Application Software |
| DAKT nasdaq | 93.1% | 1.87 | Electronic Equipment.. |
| PRO nyse | 92.9% | 1.36 | Application Software |
| CAMT nasdaq | 92.9% | 6.08 | Semiconductor Materi.. |
| PTC nasdaq | 92.8% | 0.36 | Application Software |
| LRCX nasdaq | 92.7% | 0.29 | Semiconductor Materi.. |
| DELL nyse | 92.6% | 2.82 | Technology Hardware,.. |
Overall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| SOPA nasdaq | -93.2% | -9.05 | Application Software |
| TIXT nyse | -93.0% | -8.92 | Data Processing & Ou.. |
| SEDG nasdaq | -87.6% | -13.88 | Semiconductor Materi.. |
| CMBM nasdaq | -87.2% | -14.12 | Communications Equip.. |
| SPWR nasdaq | -86.6% | -9.37 | Semiconductors |
| TSEM nasdaq | -85.9% | -4.39 | Semiconductors |
| G nyse | -85.5% | -1.91 | Data Processing & Ou.. |
| INFN nasdaq | -85.4% | -2.07 | Communications Equip.. |
| DQ nyse | -84.6% | -6.06 | Semiconductor Materi.. |
| MRIN nasdaq | -84.4% | -8.12 | Application Software |
| SOL nyse | -82.8% | -4.49 | Construction & Engin.. |
| TTEC nasdaq | -82.0% | -6.71 | Data Processing & Ou.. |
| ENPH nasdaq | -81.9% | -6.40 | Semiconductor Materi.. |
| APPS nasdaq | -81.9% | -5.84 | Application Software |
| RDWR nasdaq | -81.7% | -3.39 | Communications Equip.. |
| COMM nasdaq | -81.5% | -10.31 | Communications Equip.. |
| EXFY nasdaq | -81.4% | -11.56 | Application Software |
| AKTS nasdaq | -81.4% | -18.67 | Electronic Component.. |
| NOK nyse | -81.3% | -3.58 | Communications Equip.. |
| EXLS nasdaq | -81.1% | -1.76 | Data Processing & Ou.. |
| NTGR nasdaq | -81.1% | -1.15 | Communications Equip.. |
| PI nasdaq | -81.0% | -3.20 | Semiconductors |
| TWKS nasdaq | -79.9% | -7.63 | Application Software |
| JKS nyse | -79.8% | -3.24 | Semiconductors |
| GPRO nasdaq | -79.5% | -2.71 | Consumer Electronics |