Pair Trades for SWTX (NASDAQ) - SpringWorks Therapeutics Inc
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 |
|---|---|---|---|
| RAPT nasdaq | 82.2% | -2.27 | Biotechnology |
| COGT nasdaq | 79.5% | -3.58 | Biotechnology |
| JSPR nasdaq | 74.4% | -7.71 | Biotechnology |
| MGTX nasdaq | 73.5% | -0.94 | Biotechnology |
| IMUX nasdaq | 72.7% | -2.94 | Biotechnology |
| RIGL nasdaq | 72.7% | -1.60 | Biotechnology |
| GERN nasdaq | 71.4% | -3.88 | Biotechnology |
| AVXL nasdaq | 71.2% | -1.80 | Biotechnology |
| EXAI nasdaq | 69.6% | -0.92 | Biotechnology |
| IOVA nasdaq | 68.5% | -2.65 | Biotechnology |
| AMRN nasdaq | 66.4% | -3.04 | Biotechnology |
| DYN nasdaq | 65.7% | -0.50 | Biotechnology |
| SPRY nasdaq | 65.6% | -2.93 | Biotechnology |
| KRON nasdaq | 64.7% | -1.04 | Biotechnology |
| CVAC nasdaq | 64.6% | -3.70 | Biotechnology |
| PROK nasdaq | 64.5% | -16.67 | Biotechnology |
| ABOS nasdaq | 62.5% | -6.26 | Biotechnology |
| NTLA nasdaq | 61.8% | -0.99 | Biotechnology |
| FOLD nasdaq | 61.1% | 0.79 | Biotechnology |
| HOWL nasdaq | 60.7% | -0.59 | Biotechnology |
| SNDX nasdaq | 60.5% | -1.24 | Biotechnology |
| NUVB nyse | 60.2% | -0.91 | Biotechnology |
| ASMB nasdaq | 59.9% | -1.59 | Biotechnology |
| XNCR nasdaq | 59.8% | -2.37 | Biotechnology |
| MYMD nasdaq | 59.6% | -17.62 | Biotechnology |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| AMGN nasdaq | -55.3% | 3.47 | Biotechnology |
| JUPW nasdaq | -50.8% | 25.75 | Biotechnology |
| NBIX nasdaq | -44.0% | 3.49 | Biotechnology |
| APLT nasdaq | -42.3% | 5.06 | Biotechnology |
| IMVT nasdaq | -40.9% | 6.38 | Biotechnology |
| IONS nasdaq | -40.5% | 3.28 | Biotechnology |
| CRNX nasdaq | -39.3% | 4.90 | Biotechnology |
| VRTX nasdaq | -38.7% | 1.99 | Biotechnology |
| NUVL nasdaq | -38.6% | 5.77 | Biotechnology |
| TNGX nasdaq | -36.3% | 10.75 | Biotechnology |
| OLMA nasdaq | -35.0% | 10.64 | Biotechnology |
| REGN nasdaq | -34.7% | 2.30 | Biotechnology |
| PNT nasdaq | -34.2% | 5.26 | Biotechnology |
| BHVN nyse | -31.4% | 8.08 | Biotechnology |
| MRTX nasdaq | -30.2% | 5.24 | Biotechnology |
| TSHA nasdaq | -29.8% | 10.89 | Biotechnology |
| IDYA nasdaq | -27.6% | 4.89 | Biotechnology |
| ABCM nasdaq | -27.4% | 5.18 | Biotechnology |
| INSM nasdaq | -26.1% | 3.78 | Biotechnology |
| SGEN nasdaq | -24.4% | 2.36 | Biotechnology |
| EXEL nasdaq | -24.0% | 2.47 | Biotechnology |
| DVAX nasdaq | -23.3% | 3.20 | Biotechnology |
| BLRX nasdaq | -21.8% | 0.83 | Biotechnology |
| CYBN nyse mkt | -21.6% | 6.75 | Biotechnology |
| ACLX nasdaq | -20.9% | 3.25 | Biotechnology |
Overall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| RAPT nasdaq | 82.2% | -2.27 | Biotechnology |
Overall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| UNH nyse | -68.1% | 1.02 | Managed Health Care |
| MOH nyse | -59.2% | 2.58 | Managed Health Care |
| AMGN nasdaq | -55.3% | 3.47 | Biotechnology |
| JUPW nasdaq | -50.8% | 25.75 | Biotechnology |
| MYO nyse mkt | -50.5% | 17.96 | Health Care Equipmen.. |