Correlation strategies

[ajmyers]

Does anyone know a site where I can get (free?) correlations between stocks? ie input 2 stock names and get a correlation for a given period - hence, it should have it's own datafeed too. And if not a site, a simple platform that will do the same thing. Surprisingly, many trading platforms have a range of indicators that can be implemented (moving averages, MACD, etc) but no use of correlation.

thnx

Jon

 

[Charlton]

Correlation as a thread ??

Does anyone know a site where I can get (free?) correlations between stocks? ie input 2 stock names and get a correlation for a given period - hence, it should have it's own datafeed too. And if not a site, a simple platform that will do the same thing. Surprisingly, many trading platforms have a range of indicators that can be implemented (moving averages, MACD, etc) but no use of correlation.

thnx

Jon

Jon

I'm afraid I can't help with respect to suitable sites, but this is a topic that I cannot remember seeing on T2W before. I'm not sure how to approach this yet, but the topic of correlation between stocks, sectors, currency pairs etc. could provide some interesting analysis. It's been done for specific questions, but as a thread devoted to correlation I think not.

Do you have any thoughts on this to start things rolling ?

Charlton

 

[ajmyers]

Jon

I'm afraid I can't help with respect to suitable sites, but this is a topic that I cannot remember seeing on T2W before. I'm not sure how to approach this yet, but the topic of correlation between stocks, sectors, currency pairs etc. could provide some interesting analysis. It's been done for specific questions, but as a thread devoted to correlation I think not.

Do you have any thoughts on this to start things rolling ?

Charlton

I wish I could add more - I can think of many strategies that could be developed from a corr. approach. But without the tool...

In addition there are a few sites that provide corr. data, eg Yahoo! (on technical details) but it's not interactive (can't change the time period) and they don't say what the time period is.

 

[Charlton]

Deveopment of orrelation theory

I wish I could add more - I can think of many strategies that could be developed from a corr. approach. But without the tool...

In addition there are a few sites that provide corr. data, eg Yahoo! (on technical details) but it's not interactive (can't change the time period) and they don't say what the time period is.

ajmyers
Well let's see how this thread develops. I will give it some thought over the coming days

Charlton

 

[Silent.Trader]

Does anyone know a site where I can get (free?) correlations between stocks? ie input 2 stock names and get a correlation for a given period - hence, it should have it's own datafeed too. And if not a site, a simple platform that will do the same thing. Surprisingly, many trading platforms have a range of indicators that can be implemented (moving averages, MACD, etc) but no use of correlation.

Is it really correlations you're after or testing trading strategies based on correlations? A couple of months ago I aksed about the latter with prorealtimepro and their response was that the feature is in the making.