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Correlation Tracker

Correlation Tracker

Correlation - Statistical measure of the degree to which the price movements of two variables (stock/ETF) are related. The results range from -1.0 to +1.0.
How to Use The Correlation Tracker
1.) Type the ticker symbol of the security you'd like to track in the "Enter Symbol" field and press +Enter. The Tracker will return correlating ETFs (you can toggle between high and low correlating ETFs) and stocks of high and low correlation. These securities may be considered for swap opportunities or for building well diversified portfolios.
2.) Select the time period you'd like to track from the drop-down menu below the results.
3.) To view the correlation or two securities of your choice, enter the first symbol in the "Enter Symbol" field above the tracker. Enter the second symbol in the "Add a symbol" field below the results. Click the "Add" button for the result.
4.) To plot your results, you can check the box to the right of any security in the results. You can select up to four securities to plot on a chart, including the security you may have added using the "Add a Symbol" field.