Pair Trades for KALU (NASDAQ) - Kaiser Aluminum Corporation
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 |
|---|---|---|---|
| AA nyse | 63.8% | -4.24 | Aluminum |
| CENX nasdaq | 56.4% | -2.47 | Aluminum |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| EQX nyse mkt | -40.6% | -0.23 | Aluminum |
| CSTM nyse | -13.0% | -0.49 | Aluminum |
Overall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| IPI nyse | 81.7% | -1.21 | Fertilizers & Agricu.. |
| GEVO nasdaq | 81.5% | -3.24 | Oil & Gas Refining &.. |
| TROX nyse | 81.3% | 0.28 | Commodity Chemicals |
| FCX nyse | 81.0% | -1.35 | Copper |
| CMC nyse | 80.2% | -1.34 | Steel |