Pair Trades for SSD (NYSE) - Simpson Manufacturing Company 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 |
|---|---|---|---|
| UFPI nasdaq | 85.9% | 2.31 | Building Products |
Sector Anti-Correlations (Top 20)
NoneOverall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| CX nyse | 92.9% | 0.21 | Construction Materia.. |
| CSTM nyse | 92.1% | -0.45 | Aluminum |
| MLM nyse | 91.9% | 0.77 | Construction Materia.. |
| LIN nyse | 91.3% | 0.79 | Industrial Gases |
| BCC nyse | 91.2% | 3.72 | Forest Products |
| ECL nyse | 89.9% | 0.54 | Specialty Chemicals |
| CRH nyse | 89.5% | 1.70 | Construction Materia.. |
| VMC nyse | 88.4% | 0.09 | Construction Materia.. |
| UFPI nasdaq | 85.9% | 2.31 | Building Products |
| WLK nyse | 84.0% | 0.82 | Commodity Chemicals |
Overall Anti-Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| AUMN nyse mkt | -92.3% | -21.79 | Precious Metals & Mi.. |
| GORO nyse mkt | -86.2% | -10.87 | Gold |
| NG nyse mkt | -86.1% | -4.05 | Gold |
| RYAM nyse | -85.4% | -2.93 | Specialty Chemicals |
| EVA nyse | -85.4% | -20.00 | Coal & Consumable Fu.. |
| GROY nyse mkt | -85.3% | -3.90 | Precious Metals & Mi.. |
| GLDG nyse mkt | -85.3% | -2.98 | Diversified Metals &.. |
| SBSW nyse | -82.9% | -6.03 | Precious Metals & Mi.. |
| ASH nyse | -81.7% | -1.69 | Specialty Chemicals |
| AA nyse | -80.7% | -4.12 | Aluminum |
| PRM nyse | -80.7% | -4.83 | Diversified Metals &.. |
| MAG nyse mkt | -80.2% | -1.98 | Silver |
| IFF nyse | -80.1% | -0.97 | Specialty Chemicals |
| FMC nyse | -79.3% | -7.45 | Fertilizers & Agricu.. |
| CTVA nyse | -78.7% | -2.52 | Fertilizers & Agricu.. |
| USAS nyse mkt | -78.4% | -7.32 | Silver |
| TSE nyse | -78.3% | -7.65 | Commodity Chemicals |
| IAUX nyse mkt | -78.2% | -5.04 | Diversified Metals &.. |
| AVD nyse | -78.2% | -6.92 | Fertilizers & Agricu.. |
| BHIL nyse | -78.0% | -20.54 | Diversified Metals &.. |
| AG nyse | -78.0% | -1.69 | Silver |
| BGLC nasdaq | -77.2% | -21.23 | Specialty Chemicals |
| MERC nasdaq | -75.9% | 0.06 | Paper Products |
| NEM nyse | -74.4% | -1.94 | Gold |
| CDE nyse | -73.6% | -1.94 | Silver |