Pair Trades for FDS (NYSE) - FactSet Research Systems 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 |
|---|---|---|---|
| TW nasdaq | 67.3% | 2.14 | Financial Exchanges.. |
| CBOE bats | 63.0% | 2.13 | Financial Exchanges.. |
| CME nasdaq | 62.9% | 0.84 | Financial Exchanges.. |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| MKTX nasdaq | -42.9% | -1.56 | Financial Exchanges.. |
| NDAQ nasdaq | -3.9% | -1.01 | Financial Exchanges.. |
| HUT nasdaq | 2.9% | -0.56 | Financial Exchanges.. |
Overall Correlations (Top 30)
NoneOverall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| JRVR nasdaq | -57.4% | -8.61 | Property & Casualty.. |
| GDOT nyse | -54.6% | -8.42 | Consumer Finance |
| PUK nyse | -52.7% | -3.46 | Life & Health Insura.. |