Algokid

Semiconductor (SOXX) vs. Emerging Markets ( EEM)

BATS:SOXX   ISHARES PHLX SOX SEMICONDUCTOR SECTOR INDEX FUND
350 6 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



timwest PRO
4 years ago
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.
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Algokid PRO timwest
4 years ago
Thanks Tim !
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timwest PRO Algokid
4 years ago
I pulled up the chart of that pair EEM and IYT and it is very interesting over the medium term.
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