Pair Trades for MLI (NYSE) - Mueller Industries 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 |
|---|---|---|---|
| SNA nyse | 91.1% | -0.08 | Industrial Machinery.. |
| GGG nyse | 90.9% | -0.56 | Industrial Machinery.. |
| MWA nyse | 84.5% | -1.73 | Industrial Machinery.. |
| SYM nasdaq | 81.5% | 2.53 | Industrial Machinery.. |
| CXT nyse | 78.8% | -1.49 | Industrial Machinery.. |
| PRG nyse | 78.5% | -2.69 | Industrial Machinery.. |
| PNR nyse | 77.4% | 0.35 | Industrial Machinery.. |
| IR nyse | 76.9% | 0.75 | Industrial Machinery.. |
| PH nyse | 76.4% | 1.51 | Industrial Machinery.. |
| ITW nyse | 76.0% | -0.04 | Industrial Machinery.. |
| OTIS nyse | 71.8% | -0.62 | Industrial Machinery.. |
| FLS nyse | 70.7% | 0.08 | Industrial Machinery.. |
| SWK nyse | 69.6% | 0.44 | Industrial Machinery.. |
| FIP nasdaq | 64.1% | -0.30 | Industrial Machinery.. |
| WWD nasdaq | 62.8% | 1.32 | Industrial Machinery.. |
| RKLB nasdaq | 60.6% | -2.01 | Industrial Machinery.. |
| EOSE nasdaq | 59.6% | -9.28 | Industrial Machinery.. |
| ITT nyse | 57.6% | 2.03 | Industrial Machinery.. |
| EPAC nyse | 55.5% | -0.30 | Industrial Machinery.. |
| TKR nyse | 54.2% | -1.49 | Industrial Machinery.. |
| MIR nyse | 50.3% | 0.29 | Industrial Machinery.. |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| DFLI nasdaq | -73.4% | -16.52 | Industrial Machinery.. |
| XOS nasdaq | -61.0% | 28.42 | Industrial Machinery.. |
| SMR nyse | -56.7% | -10.33 | Industrial Machinery.. |
| PL nyse | -55.8% | -7.02 | Industrial Machinery.. |
| IEX nyse | -54.8% | -0.82 | Industrial Machinery.. |
| SHYF nasdaq | -45.1% | -9.14 | Industrial Machinery.. |
| UHAL-B nyse | -37.6% | 0.25 | Industrial Machinery.. |
| FREY nyse | -37.1% | -14.22 | Industrial Machinery.. |
| LLAP nyse | -31.0% | -4.69 | Industrial Machinery.. |
| LXFR nyse | -27.4% | -6.58 | Industrial Machinery.. |
| SLDP nasdaq | -24.6% | -5.76 | Industrial Machinery.. |
| B nyse | -23.4% | -4.76 | Industrial Machinery.. |
| LEV nyse | -23.3% | -2.75 | Industrial Machinery.. |
| SGBX nasdaq | -23.2% | 1.73 | Industrial Machinery.. |
| HLIO nyse | -6.7% | -4.62 | Industrial Machinery.. |
| MIDD nasdaq | -6.0% | -1.49 | Industrial Machinery.. |
| XYL nyse | 5.5% | -0.70 | Industrial Machinery.. |
| GTES nyse | 19.9% | -1.05 | Industrial Machinery.. |
| LILM nasdaq | 21.3% | -0.99 | Industrial Machinery.. |
| DCI nyse | 22.8% | -0.52 | Industrial Machinery.. |
| DOV nyse | 24.2% | -0.55 | Industrial Machinery.. |
Overall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| SNA nyse | 91.1% | -0.08 | Industrial Machinery.. |
| GGG nyse | 90.9% | -0.56 | Industrial Machinery.. |
| GWW nyse | 90.3% | 0.82 | Trading Companies &.. |
| JELD nyse | 87.9% | 0.32 | Building Products |
| AOS nyse | 86.9% | 0.45 | Building Products |
| VRRM nasdaq | 86.3% | -0.07 | Internet Services &.. |
| HWM nyse | 84.7% | 0.37 | Aerospace & Defense |
| BECN nasdaq | 84.7% | 0.91 | Trading Companies &.. |
| MWA nyse | 84.5% | -1.73 | Industrial Machinery.. |
| ENS nyse | 84.2% | -2.15 | Electrical Component.. |
| BLDR nyse | 84.0% | 0.83 | Building Products |
| RYAAY nasdaq | 83.6% | 0.65 | Passenger Airlines |
| APG nyse | 83.6% | 1.51 | Construction & Engin.. |
| CPRT nasdaq | 83.5% | 0.32 | Diversified Support.. |
| FAST nasdaq | 83.2% | 0.67 | Trading Companies &.. |
| STN nyse | 81.9% | 1.46 | Research & Consultin.. |
| HUBB nyse | 81.7% | -0.57 | Electrical Component.. |
| CNM nyse | 81.6% | 1.89 | Trading Companies &.. |
| SYM nasdaq | 81.5% | 2.53 | Industrial Machinery.. |
| JOBY nyse | 81.2% | -0.57 | Trucking |
Overall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| ADT nyse | -73.9% | -0.71 | Specialized Consumer.. |
| DFLI nasdaq | -73.4% | -16.52 | Industrial Machinery.. |
| UP nyse | -73.0% | -3.96 | Trucking |
| ATSG nasdaq | -68.7% | -2.24 | Air Freight & Logist.. |
| MRCY nasdaq | -63.4% | -2.73 | Aerospace & Defense |
| BLNK nasdaq | -62.4% | -8.82 | Automotive Retail |
| BZ nasdaq | -62.3% | -0.65 | Interactive Media &.. |
| EVTL nyse | -61.8% | -11.46 | Aerospace & Defense |
| XOS nasdaq | -61.0% | 28.42 | Industrial Machinery.. |
| GEO nyse | -60.9% | 2.31 | Specialized REITs |
| SMR nyse | -56.7% | -10.33 | Industrial Machinery.. |
| PL nyse | -55.8% | -7.02 | Industrial Machinery.. |
| MMM nyse | -55.1% | -0.19 | Industrial Conglomer.. |
| IEX nyse | -54.8% | -0.82 | Industrial Machinery.. |
| TH nasdaq | -52.7% | -3.85 | Hotels, Resorts & Cr.. |
| TITN nasdaq | -52.3% | -1.93 | Trading Companies &.. |