Stock correlation screener

Discussion in 'Strategy Building' started by Maverick2608, Oct 16, 2022.

  1. Have you heard of a stock correlation screener?

    Input: Stock ticker
    Output: Highest correlated stocks over some period
     
  2. Adam777

    Adam777

  3. dekiles

    dekiles

    Can you explain the essence of such a tool?
     
  4. To find out which stocks have the highest correlation with a particular stock.
     
  5. Not exactly, but I think it is all US stocks (except OTC and Pink sheets).
     
    Maverick2608 likes this.
  6. There was this market-topology.net website that shows related stocks in a tree-node form. It no longer exists but I plan to make something similar when I have time, will likely share it in GitHub page.
     
    Adam777 and Maverick2608 like this.