Pair Trades for ASX (NYSE) - ASE Industrial HoldingLtd ADR
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 |
|---|---|---|---|
| AVGO nasdaq | 91.3% | 0.86 | Semiconductors |
| NVDA nasdaq | 89.9% | 1.00 | Semiconductors |
| RMBS nasdaq | 87.1% | -0.78 | Semiconductors |
| AMD nasdaq | 86.9% | -1.32 | Semiconductors |
| MRVL nasdaq | 83.0% | -1.98 | Semiconductors |
| INTC nasdaq | 82.9% | 2.88 | Semiconductors |
| TSM nyse | 82.8% | -1.47 | Semiconductors |
| NXPI nasdaq | 82.4% | -0.05 | Semiconductors |
| OLED nasdaq | 79.9% | -0.22 | Semiconductors |
| MPWR nasdaq | 78.9% | -0.39 | Semiconductors |
| NVTS nasdaq | 71.8% | -2.95 | Semiconductors |
| MCHP nasdaq | 63.7% | -0.48 | Semiconductors |
| ON nasdaq | 61.6% | -3.24 | Semiconductors |
| SGH nasdaq | 58.8% | -4.35 | Semiconductors |
| CRDO nasdaq | 55.8% | 2.31 | Semiconductors |
| MTSI nasdaq | 51.5% | 2.09 | Semiconductors |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| SPWR nasdaq | -78.0% | -10.77 | Semiconductors |
| TSEM nasdaq | -67.2% | -4.90 | Semiconductors |
| PRSO nasdaq | -63.6% | -9.32 | Semiconductors |
| PI nasdaq | -58.4% | -3.19 | Semiconductors |
| WOLF nyse | -56.3% | -4.92 | Semiconductors |
| JKS nyse | -55.2% | -3.87 | Semiconductors |
| MXL nasdaq | -54.6% | -6.12 | Semiconductors |
| CSIQ nasdaq | -40.4% | -8.67 | Semiconductors |
| SMTC nasdaq | -37.2% | -4.28 | Semiconductors |
| FTCI nasdaq | -33.2% | -16.20 | Semiconductors |
| AMBA nasdaq | -33.1% | -4.73 | Semiconductors |
| SYNA nasdaq | -30.6% | 0.60 | Semiconductors |
| SLAB nasdaq | -30.4% | -4.82 | Semiconductors |
| CRUS nasdaq | -24.4% | -1.33 | Semiconductors |
| SIMO nasdaq | -21.6% | -1.36 | Semiconductors |
| DIOD nasdaq | -17.1% | -4.41 | Semiconductors |
| HIMX nasdaq | -16.1% | -1.93 | Semiconductors |
| TXN nasdaq | -11.5% | -2.41 | Semiconductors |
| GFS nasdaq | -10.5% | -1.97 | Semiconductors |
| INDI nasdaq | -1.9% | -3.81 | Semiconductors |
| FSLR nasdaq | 5.1% | -3.88 | Semiconductors |
| SWKS nasdaq | 19.3% | -2.02 | Semiconductors |
| QCOM nasdaq | 20.1% | 0.20 | Semiconductors |
| LSCC nasdaq | 21.9% | -4.86 | Semiconductors |
| QRVO nasdaq | 24.5% | -1.75 | Semiconductors |
Overall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| AMAT nasdaq | 93.3% | -0.14 | Semiconductor Materi.. |
| AVGO nasdaq | 91.3% | 0.86 | Semiconductors |
| NOW nyse | 91.2% | 0.90 | Systems Software |
| LRCX nasdaq | 89.9% | 0.24 | Semiconductor Materi.. |
| NVDA nasdaq | 89.9% | 1.00 | Semiconductors |
| CDNS nasdaq | 89.7% | 0.45 | Application Software |
| BRZE nasdaq | 89.4% | 4.07 | Application Software |
| SNPS nasdaq | 89.3% | 0.68 | Application Software |
| MDB nasdaq | 89.0% | 2.18 | Internet Services &.. |
| WDAY nasdaq | 88.8% | 0.05 | Application Software |
| FORM nasdaq | 88.4% | 0.58 | Semiconductor Materi.. |
| ORCL nyse | 88.3% | -0.07 | Systems Software |
| PLTR nyse | 88.3% | 2.15 | Systems Software |
| IOT nyse | 88.2% | 2.03 | Application Software |
| BSY nasdaq | 88.1% | -0.43 | Application Software |
| PANW nasdaq | 87.9% | 1.34 | Systems Software |
| UBER nyse | 87.8% | 3.06 | Passenger Ground Tra.. |
| ADBE nasdaq | 87.7% | 2.95 | Application Software |
| VNT nyse | 87.3% | -0.05 | Electronic Equipment.. |
| KLAC nasdaq | 87.2% | 0.81 | Semiconductor Materi.. |
| RMBS nasdaq | 87.1% | -0.78 | Semiconductors |
| PTC nasdaq | 87.0% | 0.33 | Application Software |
| CXM nyse | 87.0% | 0.28 | Application Software |
| AMD nasdaq | 86.9% | -1.32 | Semiconductors |
| IDCC nasdaq | 86.8% | 0.69 | Communications Equip.. |
Overall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| SOPA nasdaq | -83.2% | -10.65 | Application Software |
| SPWR nasdaq | -78.0% | -10.77 | Semiconductors |
| ENPH nasdaq | -74.9% | -6.65 | Semiconductor Materi.. |
| APPS nasdaq | -73.9% | -7.89 | Application Software |
| EXLS nasdaq | -73.2% | -2.08 | Data Processing & Ou.. |
| TGL nasdaq | -73.2% | -21.04 | Application Software |
| TIXT nyse | -72.7% | -9.18 | Data Processing & Ou.. |
| G nyse | -72.3% | -2.21 | Data Processing & Ou.. |
| MICS nasdaq | -71.1% | -3.49 | Apparel, Accessories.. |
| INTZ nasdaq | -69.9% | -15.43 | Systems Software |
| ADTN nasdaq | -69.9% | -6.18 | Communications Equip.. |
| EPAM nyse | -69.6% | -1.30 | IT Consulting & Othe.. |
| TTEC nasdaq | -67.7% | -6.58 | Data Processing & Ou.. |
| INFN nasdaq | -67.5% | -3.41 | Communications Equip.. |
| KULR nyse mkt | -67.4% | -9.07 | Electronic Equipment.. |
| COMM nasdaq | -67.3% | -10.07 | Communications Equip.. |
| TSEM nasdaq | -67.2% | -4.90 | Semiconductors |
| RUN nasdaq | -66.7% | -4.82 | Electrical Component.. |
| ERIC nasdaq | -65.8% | -1.53 | Communications Equip.. |
| CALX nyse | -65.5% | -3.00 | Communications Equip.. |
| SOL nyse | -64.9% | -4.51 | Construction & Engin.. |
| TASK nasdaq | -64.9% | -0.26 | Data Processing & Ou.. |
| YOU nyse | -64.7% | -3.06 | Application Software |
| MVLA nasdaq | -64.6% | -19.24 | Application Software |
| NOK nyse | -63.7% | -2.34 | Communications Equip.. |