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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.
Can you help answer these questions from other members on NexusFi?
(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.)
userque
Chicago IL
Posts: 180 since Apr 2016
Thanks Given: 573
Thanks Received: 130
Glad to help. Took me awhile to find it myself ... when I was first looking for such a tool.