Pair Trades for EME (NYSE) - EMCOR Group 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 |
|---|---|---|---|
| STRL nasdaq | 96.2% | 1.64 | Construction & Engin.. |
| FIX nyse | 94.9% | 1.12 | Construction & Engin.. |
| PRIM nasdaq | 92.1% | 0.03 | Construction & Engin.. |
| PRIM nyse | 92.1% | 0.03 | Construction & Engin.. |
| APG nyse | 90.3% | 1.51 | Construction & Engin.. |
| ROAD nasdaq | 82.8% | 2.18 | Construction & Engin.. |
| PWR nyse | 82.6% | -0.28 | Construction & Engin.. |
| J nyse | 76.4% | 0.36 | Construction & Engin.. |
| GLDD nasdaq | 71.0% | -1.33 | Construction & Engin.. |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| AMRC nyse | -59.0% | -5.19 | Construction & Engin.. |
| WSC nasdaq | -58.8% | -1.93 | Construction & Engin.. |
| MTZ nyse | -30.1% | -5.90 | Construction & Engin.. |
| ACM nyse | 6.5% | 0.23 | Construction & Engin.. |
| DY nyse | 7.9% | -0.89 | Construction & Engin.. |
Overall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| ETN nyse | 97.1% | 1.33 | Electrical Component.. |
| STRL nasdaq | 96.2% | 1.64 | Construction & Engin.. |
| SAIA nasdaq | 96.2% | 2.21 | Trucking |
| LII nyse | 96.0% | 2.55 | Building Products |
| FIX nyse | 94.9% | 1.12 | Construction & Engin.. |
| ACHR nyse | 94.5% | 5.96 | Aerospace & Defense |
| VRT nyse | 94.2% | 7.15 | Electrical Component.. |
| XPO nyse | 93.3% | 4.65 | Air Freight & Logist.. |
| OC nyse | 93.3% | 1.11 | Building Products |
| SKYW nasdaq | 93.2% | 2.94 | Passenger Airlines |
| NVT nyse | 92.8% | 0.81 | Electrical Component.. |
| BWXT nyse | 92.6% | 1.28 | Aerospace & Defense |
| GASS nasdaq | 92.5% | 6.75 | Oil & Gas Storage &.. |
| PRIM nasdaq | 92.1% | 0.03 | Construction & Engin.. |
| PRIM nyse | 92.1% | 0.03 | Construction & Engin.. |
| VRSK nasdaq | 91.5% | 0.04 | Research & Consultin.. |
| FTAI nasdaq | 91.5% | 3.30 | Trading Companies &.. |
| PH nyse | 91.5% | 1.51 | Industrial Machinery.. |
| WWD nasdaq | 91.3% | 1.32 | Industrial Machinery.. |
| IR nyse | 91.3% | 0.75 | Industrial Machinery.. |
| ZWS nyse | 90.9% | 0.98 | Building Products |
| PCAR nasdaq | 90.9% | 1.61 | Construction Machine.. |
| APG nyse | 90.3% | 1.51 | Construction & Engin.. |
| CLH nyse | 90.1% | -0.01 | Environmental & Faci.. |
| CARR nyse | 90.1% | 1.08 | Building Products |
Overall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| SHYF nasdaq | -88.2% | -9.14 | Industrial Machinery.. |
| TPIC nasdaq | -87.2% | -15.88 | Heavy Electrical Equ.. |
| SST nyse | -86.2% | -12.01 | Interactive Media &.. |
| BLNK nasdaq | -84.9% | -8.82 | Automotive Retail |
| FCEL nasdaq | -84.9% | -6.94 | Electrical Component.. |
| SMR nyse | -84.4% | -10.33 | Industrial Machinery.. |
| PL nyse | -82.5% | -7.02 | Industrial Machinery.. |
| ESGL nyse arca | -82.3% | -28.23 | Waste Management |
| ESGL nasdaq | -82.3% | -28.23 | Waste Management |
| ULCC nasdaq | -81.2% | -8.10 | Passenger Airlines |
| RTX nyse | -81.0% | -2.55 | Aerospace & Defense |
| CYRX nasdaq | -80.5% | -3.83 | Health Care Equipmen.. |
| TBI nyse | -79.6% | -2.85 | Human Resource & Emp.. |
| UP nyse | -79.0% | -3.96 | Trucking |
| MRCY nasdaq | -78.7% | -2.73 | Aerospace & Defense |
| TTC nyse | -77.8% | -2.75 | Agricultural & Farm.. |
| BLDP nasdaq | -76.1% | -2.48 | Electrical Component.. |
| SPR nyse | -75.7% | -1.40 | Aerospace & Defense |
| EAF nyse | -75.6% | -6.83 | Electrical Component.. |
| SPCE nyse | -74.6% | -7.97 | Aerospace & Defense |
| BE nyse | -74.3% | -1.14 | Heavy Electrical Equ.. |
| XOS nasdaq | -73.9% | 28.42 | Industrial Machinery.. |
| EVTL nyse | -73.5% | -11.46 | Aerospace & Defense |
| LXFR nyse | -73.5% | -6.58 | Industrial Machinery.. |
| FWRD nasdaq | -72.1% | -5.28 | Air Freight & Logist.. |