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Correlation screener?


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  #1 (permalink)
 Dianoia 
London
 
Experience: Master
Platform: MC
Trading: 6A
Posts: 16 since Jun 2018
Thanks Given: 3
Thanks Received: 39

Hi
Does anybody know of a good service/platform/app that has a "simple" correlation screener?

More specifically, what I'd like to do it to pick an asset (say AAPL stocks), and have the tool spit out the x number of highest (and maybe also the y number of lowest) correlated assets/stocks?

Calculating the correlation between two assets is simple enough, but the trick is to automatically find the highest correlated assets to a given asset, without having to do any guesswork yourself.

Thanks in advance.


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  #3 (permalink)
userque
Chicago IL
 
Posts: 180 since Apr 2016
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Dianoia View Post
Hi
Does anybody know of a good service/platform/app that has a "simple" correlation screener?

More specifically, what I'd like to do it to pick an asset (say AAPL stocks), and have the tool spit out the x number of highest (and maybe also the y number of lowest) correlated assets/stocks?

Calculating the correlation between two assets is simple enough, but the trick is to automatically find the highest correlated assets to a given asset, without having to do any guesswork yourself.

Thanks in advance.

Impactopia


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  #4 (permalink)
 Dianoia 
London
 
Experience: Master
Platform: MC
Trading: 6A
Posts: 16 since Jun 2018
Thanks Given: 3
Thanks Received: 39

Thanks a lot userque - I def owe you one.

(I had bookmarked Impactopia a while ago, lost the bookmark, forgot the name, spend hours trying to locate it again, and then asked the forum... Much appreciated.)


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  #5 (permalink)
userque
Chicago IL
 
Posts: 180 since Apr 2016
Thanks Given: 573
Thanks Received: 130


Dianoia View Post
Thanks a lot userque - I def owe you one.

(I had bookmarked Impactopia a while ago, lost the bookmark, forgot the name, spend hours trying to locate it again, and then asked the forum... Much appreciated.)

Glad to help. Took me awhile to find it myself ... when I was first looking for such a tool.


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  #6 (permalink)
 mrdanielkuo 
CA, USA
 
Posts: 17 since Nov 2011
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userque View Post
Glad to help. Took me awhile to find it myself ... when I was first looking for such a tool.

Here is the error message when I click the link. Is the site down?

An error occurred.
Sorry, the page you are looking for is currently unavailable.
Please try again later.

If you are the system administrator of this resource then you should check the error log for details.

Faithfully yours, nginx.


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