Pair Trades for WBA (NASDAQ) - Walgreens Boots Alliance 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 |
|---|---|---|---|
| RAD nyse | 93.8% | -20.91 | Drug Retail |
Sector Anti-Correlations (Top 20)
NoneOverall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| NGM nasdaq | 96.8% | -14.78 | Pharmaceuticals |
| ME nasdaq | 95.5% | -6.77 | Biotechnology |
| RPRX nasdaq | 95.0% | -1.95 | Pharmaceuticals |
| PINC nasdaq | 94.9% | -2.13 | Health Care Services |
| BMY nyse | 94.3% | -2.76 | Pharmaceuticals |
| SILK nasdaq | 94.1% | -13.46 | Health Care Equipmen.. |
| EBS nyse | 93.8% | -12.56 | Biotechnology |
| RAD nyse | 93.8% | -20.91 | Drug Retail |
| NVRO nyse | 93.8% | -4.94 | Health Care Equipmen.. |
| ARQT nasdaq | 93.4% | -12.73 | Biotechnology |
| SGHT nasdaq | 93.2% | -10.75 | Health Care Equipmen.. |
| BTTX nasdaq | 93.0% | -11.21 | Biotechnology |
| CUTR nasdaq | 92.8% | -22.05 | Health Care Equipmen.. |
| AMLX nasdaq | 92.5% | -6.84 | Pharmaceuticals |
| PETS nasdaq | 92.2% | -7.65 | Internet & Direct Ma.. |
| MCRB nasdaq | 92.1% | -12.88 | Biotechnology |
| QURE nasdaq | 91.8% | -8.94 | Biotechnology |
| AXGN nasdaq | 91.7% | -4.01 | Health Care Equipmen.. |
| SCTL nasdaq | 91.0% | -5.94 | Biotechnology |
| DTIL nasdaq | 91.0% | -5.42 | Biotechnology |
| CERS nasdaq | 90.9% | -2.12 | Health Care Supplies |
| RBOT nyse | 90.9% | -19.12 | Health Care Equipmen.. |
| QGEN nyse | 90.8% | -1.37 | Life Sciences Tools.. |
| TNDM nasdaq | 90.8% | -3.66 | Health Care Equipmen.. |
| ALLK nasdaq | 90.6% | -8.25 | Biotechnology |
Overall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| OLMA nasdaq | -93.6% | 10.64 | Biotechnology |
| CBAY nasdaq | -93.6% | 7.04 | Pharmaceuticals |
| LLY nyse | -92.2% | 3.05 | Pharmaceuticals |
| NVO nyse | -91.7% | 2.19 | Pharmaceuticals |
| TALK nasdaq | -89.8% | 5.68 | Health Care Equipmen.. |
| PETQ nasdaq | -89.8% | 3.18 | Health Care Distribu.. |
| AUGX nasdaq | -87.9% | 2.88 | Health Care Equipmen.. |
| IDYA nasdaq | -87.4% | 4.89 | Biotechnology |
| CABA nasdaq | -87.0% | 6.46 | Biotechnology |
| EXEL nasdaq | -86.5% | 2.47 | Biotechnology |
| APLT nasdaq | -86.2% | 5.06 | Biotechnology |
| NUVL nasdaq | -85.5% | 5.77 | Biotechnology |
| SVRA nasdaq | -85.5% | 4.80 | Biotechnology |
| LFMD nasdaq | -85.1% | 11.44 | Health Care Equipmen.. |
| MIRM nasdaq | -84.6% | 3.28 | Biotechnology |
| MLTX nasdaq | -84.2% | 5.89 | Biotechnology |
| MCK nyse | -84.1% | 1.47 | Health Care Distribu.. |
| BWAY nasdaq | -84.1% | 13.04 | Health Care Equipmen.. |
| MREO nasdaq | -83.6% | 7.92 | Biotechnology |
| IMVT nasdaq | -83.5% | 6.38 | Biotechnology |
| INSM nasdaq | -82.0% | 3.78 | Biotechnology |
| MDXG nasdaq | -81.8% | 4.38 | Biotechnology |
| AMRX nyse | -81.5% | 5.89 | Pharmaceuticals |
| BBIO nasdaq | -80.6% | 9.03 | Biotechnology |
| ABCM nasdaq | -80.2% | 5.18 | Biotechnology |