Correlation Screener
An advanced correlation screener to instantly find stable asset pairs across global markets. Use custom filters, multi-window analysis, and rolling statistics to evaluate correlation strength. Discover the best setups for market-neutral trading based on our proprietary PTP Health indicator.
Find the strongest correlations
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Cross-Asset Market Scanning
Instantly screen thousands of pairs across Crypto, Forex, and US Stocks. Find hidden relationships and build a diversified, market-neutral portfolio.
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Advanced Rolling Statistics
Don't rely on static numbers. Evaluate correlation stability over time using rolling averages, min/max values, and historical variance to filter out false signals.
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Proprietary Health Score
Quickly identify the highest-quality setups. Our unique PTP Health algorithm combines R-squared, Spearman, and Max Drawdown into a single metric to rank the most tradable pairs.
How correlation screener works
| Couple | Current correlation | Rolling statistics | Multi-Window | PAIRTRADINGPRO METRICS | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Couple | Category | Current ρ | |ρ| Bar | Power | Average. ρ | Mines ρ | Max ρ | Stability | Max DD | R² | Spearman | |Δ P−S| | health | |||||||
| Uploading data... | ||||||||||||||||||||
Correlation Screener for Pair Trading: The Complete Guide to PairTradingPRO's Correlation Screener
Pair trading is one of the best-known market-neutral strategies. A trader buys one asset and sells a related one at the same time. The profit comes from a temporary divergence betw...
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Frequent questions
The PairTradingPro Correlation Screener is an advanced analytical tool designed for delta-neutral and pair trading strategies. It instantly scans thousands of pairs across Crypto, Forex, and US Stocks markets to help traders find hidden relationships and build a diversified, market-neutral portfolio.
Our Cross-Asset Market Scanning feature allows you to analyze and correlate assets across three major global markets: Cryptocurrency (Crypto), Foreign Exchange (Forex), and US Equities (Stocks). You can find correlations within a single asset class or search for cross-market opportunities.
Static correlation numbers can be misleading. PairTradingPro uses Advanced Rolling Statistics to evaluate correlation stability over time. By tracking rolling averages, min/max values, and historical variance, our screener filters out false signals, ensuring you trade only the most stable and reliable relationships.
The PTP Health Score is our unique algorithm designed to quickly identify the highest-quality pair trading setups. Instead of analyzing multiple complex indicators manually, our system combines R-squared, Spearman correlation, and Max Drawdown (Max DD) into a single, easy-to-read metric (0 to 100) to rank the most tradable pairs.
Absolutely. PairTradingPro is built specifically for delta-neutral and market-neutral strategies. By identifying highly correlated assets with strong PTP Health Scores and stable rolling statistics, traders can hedge out broad market risk and profit from the relative price movements between the two assets.
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