It could be a stock soaring or a stock plummet. Normally there are other stocks move together. In this case, cross asset match can help you find it.
Whether it's a stock soaring or plummeting, typically, there are other stocks that move together. In such instances, the cross-asset match feature can assist you in identifying these.
With cross-asset matching, you gain access to a wider range of stocks, potentially increasing your options 3x or 10x. This expansion enables you to enhance your research and discover stocks that align more closely with your strategic themes.
Highly discussed stocks often attract many retail traders who might sell for quick profits. If you're interested in finding less talked about stocks, where the majority of buyers are institutions, and you're seeking similar performance levels, the cross-asset match tool can be utilized for this purpose.
Identify stocks that, during a historical period, moved together but are not currently. Invest in the underperforming stock and speculate that it will rise, aiming to bring the stocks back to a correlated relationship.