Correlation Screeners?

Discussion in 'Trading Software' started by MsTraderQQQ, Jul 31, 2020.

  1. MsTraderQQQ

    MsTraderQQQ

    Are there any free stock correlation screeners on the web that will do a global screen of equities which will give me the highest correlated pairs? Does such functionality exist on Think or Swim?

    Thank you!
     
    #1     Jul 31, 2020
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  2. 2rosy

    2rosy

    #2     Jul 31, 2020
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    tommcginnis likes this.
  3. panzerman

    panzerman

    Correlation is the wrong metric. Cointegration is the metric to use for pairs.
     
    #3     Jul 31, 2020
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    userque likes this.
  4. MsTraderQQQ

    MsTraderQQQ

    Thank you for that.

    Is there a a resource I can use to see cointegrated stocks?
     
    #4     Aug 3, 2020
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