Pair Trades for FRU (TO) - Freehold Royalties Ltd.
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 |
|---|---|---|---|
| BTE nyse | 84.1% | -0.59 | Oil & Gas Exploratio.. |
| VNOM nasdaq | 79.1% | 1.17 | Oil & Gas Exploratio.. |
| MRO nyse | 75.2% | -0.13 | Oil & Gas Exploratio.. |
| ERF nyse | 72.1% | -0.12 | Oil & Gas Exploratio.. |
| MGY nyse | 71.7% | -0.19 | Oil & Gas Exploratio.. |
| APA nasdaq | 67.9% | -0.02 | Oil & Gas Exploratio.. |
| AR nyse | 66.4% | -0.05 | Oil & Gas Exploratio.. |
| VET nyse | 65.7% | -0.68 | Oil & Gas Exploratio.. |
| OVV nyse | 65.6% | 1.04 | Oil & Gas Exploratio.. |
| CPE nyse | 65.3% | -1.42 | Oil & Gas Exploratio.. |
| VTLE nyse | 63.3% | -0.65 | Oil & Gas Exploratio.. |
| MTDR nyse | 63.1% | 0.69 | Oil & Gas Exploratio.. |
| TALO nyse | 63.0% | -1.24 | Oil & Gas Exploratio.. |
| GTE nyse mkt | 62.9% | -0.17 | Oil & Gas Exploratio.. |
| EGY nyse | 60.7% | 0.68 | Oil & Gas Exploratio.. |
| HPK nasdaq | 59.7% | -0.45 | Oil & Gas Exploratio.. |
| BRY nasdaq | 58.8% | -0.14 | Oil & Gas Exploratio.. |
| OBE nyse mkt | 57.5% | 1.08 | Oil & Gas Exploratio.. |
| EOG nyse | 57.4% | 0.32 | Oil & Gas Exploratio.. |
| UROY nasdaq | 56.9% | 2.58 | Oil & Gas Exploratio.. |
| KOS nyse | 55.2% | -0.99 | Oil & Gas Exploratio.. |
| WTI nyse | 55.0% | -2.86 | Oil & Gas Exploratio.. |
| CRK nyse | 54.2% | -0.78 | Oil & Gas Exploratio.. |
| CRGY nyse | 53.7% | 0.85 | Oil & Gas Exploratio.. |
| AMPY nyse | 52.9% | -2.51 | Oil & Gas Exploratio.. |
Sector Anti-Correlations (Top 20)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| EPM nyse mkt | -37.7% | -3.31 | Oil & Gas Exploratio.. |
| BORR nyse | -33.9% | -3.02 | Oil & Gas Exploratio.. |
| VIST nyse | -15.6% | 2.51 | Oil & Gas Exploratio.. |
| IMPP nasdaq | -10.1% | -5.20 | Oil & Gas Exploratio.. |
| PBR-A nyse | -9.5% | 2.57 | Oil & Gas Exploratio.. |
| EQT nyse | -8.1% | -0.30 | Oil & Gas Exploratio.. |
| PBRA nyse | -6.3% | 2.18 | Oil & Gas Exploratio.. |
| CIVI nyse | 0.3% | -0.72 | Oil & Gas Exploratio.. |
| RRC nyse | 6.2% | 0.50 | Oil & Gas Exploratio.. |
| WDS nyse | 12.0% | -1.80 | Oil & Gas Exploratio.. |
| CNX nyse | 14.9% | 1.67 | Oil & Gas Exploratio.. |
| STR nyse | 15.7% | -2.26 | Oil & Gas Exploratio.. |
| SBOW nyse | 16.0% | 1.06 | Oil & Gas Exploratio.. |
| NOG nyse | 16.3% | 0.88 | Oil & Gas Exploratio.. |
| XPRO nyse | 16.9% | -2.36 | Oil & Gas Exploratio.. |
| CTRA nyse | 17.1% | 0.07 | Oil & Gas Exploratio.. |
| GRNT nyse | 19.8% | -0.36 | Oil & Gas Exploratio.. |
| CRC nyse | 19.9% | 1.70 | Oil & Gas Exploratio.. |
| SD nyse | 20.1% | -1.23 | Oil & Gas Exploratio.. |
| TELL nyse mkt | 20.2% | -8.19 | Oil & Gas Exploratio.. |
| SHEL nyse | 20.7% | 0.76 | Oil & Gas Exploratio.. |
| BSM nyse | 20.9% | 0.22 | Oil & Gas Exploratio.. |
| PR nyse | 21.2% | 1.98 | Oil & Gas Exploratio.. |
Overall Correlations (Top 30)
| Symbol | Correlation | Rel. Perf. | Sector |
|---|---|---|---|
| BTE nyse | 84.1% | -0.59 | Oil & Gas Exploratio.. |