Algokid

Semiconductor (SOXX) vs. Emerging Markets ( EEM)

BATS:SOXX   ISHARES TRUST
366 views
1
Interesting pair here. Although the ETFs are tracking different sectors, the correlation between the two in the past 100 days is good ( 70 % + ), but more importantly , the co -integration is high @ 86 %. This is the 3rd trade this year for this pair. So far, all trades have been successful.

CORRELATION : 70%
COINTEGRATION : 0.86

LONG SOXX (GREEN) @ 50.02
SHORT EEM (RED) @ 41.40



Comments

Followed.
Reply
Followed.
Reply
Agreed.
Reply
Looks good. I'm wondering if the Transports were in place of the SOXX... just thinking there might be a link there too (fundamentally)... Your pair looks good and I'm going to vote "agree". :-) Nice going.
Reply
Algokid timwest
Thanks Tim !
Reply
timwest Algokid
I pulled up the chart of that pair EEM and IYT and it is very interesting over the medium term.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out