Equity Pairs Divergence

← strategies

Price-based

For each stock, compare its latest monthly return to the average of its most correlated peers and trade expected mean reversion.

Performance Summary

Annual Return

-11.61%

Sharpe

-0.753

Max Drawdown

-46.07%

Win Rate

+33.33%

Annual Volatility

+15.43%

Cumulative Return

-38.97%

Rebalance Periods

48

Avg Long / Short Basket

49.3 / 49.3

Methodology

  • Use trailing 24 monthly returns to compute pair correlations.
  • For each stock, estimate expected return from top 20 correlated peers.
  • Long strongest underperformers and short strongest outperformers.

Minimum symbols required: 50 | Feasibility note: Implemented successfully.

Equity Curve (Long-Short)

Drawdown

Rolling Sharpe (12M)

Monthly Long / Short / L-S Returns

Latest Signal Snapshot

As of: 2026-04-30

Top Longs

MRNA: 0.282, CHTR: 0.272, LMT: 0.267, TSCO: 0.250, NKE: 0.250, DLTR: 0.243, LHX: 0.236, EPAM: 0.235, PODD: 0.226, TKO: 0.205

Top Shorts

INTC: -0.959, CNC: -0.609, AMD: -0.587, ON: -0.477, STX: -0.464, MOH: -0.412, NXPI: -0.412, TXN: -0.386, WDC: -0.376, MPWR: -0.343

Individual Stock Stats (Latest Signal)

Long count

10

Short count

10

Avg long score

0.247

Avg short score

-0.503

Strongest long score: 0.282 | Most negative short score: -0.959
SymbolSideRankScore
MRNALong10.282
CHTRLong20.272
LMTLong30.267
TSCOLong40.250
NKELong50.250
DLTRLong60.243
LHXLong70.236
EPAMLong80.235
PODDLong90.226
TKOLong100.205
INTCShort1-0.959
CNCShort2-0.609
AMDShort3-0.587
ONShort4-0.477
STXShort5-0.464
MOHShort6-0.412
NXPIShort7-0.412
TXNShort8-0.386
WDCShort9-0.376
MPWRShort10-0.343
ChangelogQuantEdXQuantBuilt

QuantifiedTrader is operated by an independent research-only group focused on building, documenting, and improving open quantitative-finance tools. Our purpose is to study markets, models, and methods—not to sell products, manage assets, or act on behalf of third parties.

No services. We do not provide investment, trading, brokerage, advisory, portfolio-management, custody, tax, legal, or any other professional or commercial services to any person or entity. Nothing on this site constitutes an offer, solicitation, recommendation, or endorsement to buy or sell securities or to adopt any investment strategy.

Research & education only. Content, data, backtests, charts, and software made available here are for informational and educational research. They may be incomplete, simulated, or based on third-party sources; past performance is not indicative of future results. You are solely responsible for your own decisions and for verifying any information before use.

No commercial benefit from shared knowledge. This site does not aim to profit from the knowledge, tools, or datasets published here. Materials are provided without charge for non-commercial research and learning, subject to applicable open-source or site terms where noted.

Disclaimer of warranties. All content and tools are supplied “as is” and “as available,” without warranties of any kind, express or implied, including accuracy, fitness for a particular purpose, or non-infringement. We disclaim liability for any loss or damage arising from use of or reliance on this site, to the fullest extent permitted by law.

Contact & disputes. For questions about this notice, the site, or any dispute relating to published materials, contact support@quantedx.com. We will endeavour to respond in good faith; this contact channel is for administrative and research correspondence only and does not create a client, advisory, or fiduciary relationship.

© 2026 QuantifiedTrader